... individual insurance agents, licensed insurance agencies and licensed insurance broker companies carrying on regulated activities in respect of long term business. 2 The statement can be found on the website of the FATF (http://www.fatf-gafi.org/publications/high-risk-and-other- monitored-jurisdictions...

... powers under Section 35(2)(b) of the Insurance Ordinance (Cap.41) to appoint Mr Derek Lai and Mr Forrest Kam of Deloitte Touche Tohmatsu as the Joint and Several Managers (the Managers) to take full control of the affairs and property of Target Insurance Company Limited (Target) in order to maintain...

... the Insurance Authority’s circular issued on 2 February 2018 which mentions, among other things, the issuance of early alerts on United Nations Security Council (“UNSC”) sanctions resolutions and sanctions lists, we are writing to draw your attention to another new arrangement by the Hong Kong...

... stakeholders. The Hong Kong Institute of Certified Public Accountants (“HKICPA”) also conducts public consultation on those IASB proposals for comments by 19 August 2019.2 To facilitate us to understand the implementation activities of authorized insurers, we would like to enlist your support for the Second...

... public from tomorrow (2 December 2020) until further notice. However, enquiry and complaint hotline services will continue as normal, and their operating hours are set out on the IA website. Email responses to enquiries and complaints will also continue as normal. Except those skeleton staff...

... Licensed Insurance Intermediaries Licensed Insurance Agents Types of Licensed Insurance Agents Under section 2 of the Insurance Ordinance (Cap.41) (“IO”), licensed insurance agent means a licensed insurance agency, a licensed...

... (Anti-Terrorism Measures) Ordinance United Nations Sanctions (Liberia) (No.2) Regulation 2015 United Nations Sanctions (Liberia) Regulation 2015 (Repeal) Regulation United States Executive Order 13224 10 December 2015 United Nations...

... prohibited from applying to be licensed for 2 years. Individuals applying to be licensed insurance intermediaries must establish that they are fit and proper to perform the role. Being fit and proper not only requires attaining the minimum education qualifications, but also being honest, reliable...

...): Contact Details: Question 1 Do you agree with the proposed scope of eligible investors for ILS? Are there any types of investors which may be added or excluded? Question 2 Do you agree with the proposed minimum investment size for ILS? If not, what are the reasons? Question 3 Do you agree with the...

... September 2023 - Typhoon Saola and a black rainstorm. According to the data collected from the insurance industry1, the total gross claims incurred reached $1.9 billion2. Property damage and motor businesses are the two most affected lines of business, representing 86% and 9% of the total gross...