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⏭... holding companies and insurance intermediaries in Hong Kong is set out in the Insurance Ordinance. The Insurance Ordinance sets out the requirements for the authorization / designation / licensing, ongoing compliance and reporting obligations of insurers, designated insurance holding companies and...
https://www.ia.org.hk/english/legislative_framework/overview/an_overview_of_the_regulatory_framework.html -
Date: 2021-09-13
... capture business opportunities, and more importantly, extend the capacity of the insurance industry; thus enhancing its sustainable development.” The bill also seeks to expand the scope of insurable risks of captive insurers set up in Hong Kong, helping the industry capitalise on business...
https://www.ia.org.hk/english/portal_for_insurers/brief/20200320.html -
Date: 2020-12-04
... capture business opportunities, and more importantly, extend the capacity of the insurance industry; thus enhancing its sustainable development.” The bill also seeks to expand the scope of insurable risks of captive insurers set up in Hong Kong, helping the industry capitalise on business...
https://www.ia.org.hk/english/infocenter/press_releases/20200320.html -
Date: 2020-03-20
... Enhance Customer Protection (“Updated Requirements”) With reference to our Circular (Ref: Mv135/14) dated 8 December 2014, a revised enclosure (mainly with topographical changes on pages 10 and 30) is enclosed herewith to replace the Updated Requirements. The full set of Updated Requirements is...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4_HKFI_ILAS_Requirements_v4_8_12_2014_20190823.pdf -
Date: 2019-12-20
... which set out principles of best practice for compliance by insurers e.g. Guideline on Underwriting Class C Business (“GL15”) and Guideline on Underwriting Long Term Insurance Business (other than Class C Business) (“GL16”). Code of Conduct for Insurance...
https://www.ia.org.hk/english/consumer/industry_practices_associated_with_the_sale_of_Insurance_policies.html -
Date: 2020-04-21
[PDF]
cir_20190809.pdf
... moderation and re- calibration. In addition, the QIS 3 package has taken into account international standards and practices, particularly the global Insurance Capital Standard (ICS) being developed by the International Association of Insurance Supervisors (IAIS). QIS 3 is contributory to forming the data set...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20190809.pdf -
Date: 2019-11-29
... ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 2018 Field Testing 2019 Field Testing Finalizing the guideline for Pillar 2 Legislative preparation Long run-in period Insurtech – ‘Sandbox’ approach 16 Insurtech – The trend 17 Technology advancement: Connected device , data analytics , artificial intelligence… Customer Demand: Simple and affordable...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_RBC_Regime_and_Insurtech.pdf -
Date: 2021-12-09
... ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 2018 Field Testing 2019 Field Testing Finalizing the guideline for Pillar 2 Legislative preparation Long run-in period Insurtech – ‘Sandbox’ approach 16 Insurtech – The trend 17 Technology advancement: Connected device , data analytics , artificial intelligence… Customer Demand: Simple and affordable...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_RBC_Regime_and_Insurtech.pdf -
Date: 2021-09-08
... ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 2018 Field Testing 2019 Field Testing Finalizing the guideline for Pillar 2 Legislative preparation Long run-in period Insurtech – ‘Sandbox’ approach 16 Insurtech – The trend 17 Technology advancement: Connected device , data analytics , artificial intelligence… Customer Demand: Simple and affordable...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_RBC_Regime_and_Insurtech.pdf -
Date: 2020-06-12
... Professional Development for Licensed Insurance Intermediaries (GL24) We have today issued a set of Interpretation Notes relating to the Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (GL24), which can be downloaded from the website of the Insurance Authority (“IA”). The...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_Interpretation_Notes.pdf -
Date: 2021-12-10