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⏭... licensed insurance agency or a licensed insurance broker company, a person concerned in the management of the regulated activities3 carried on by a licensed insurance agency or a licensed insurance broker company) (each a “Regulated Person4”, and together referred to as “Regulated Persons”) in the event of...
https://www.ia.org.hk/english/enforcement/lii/files/Overview_of_Disciplinary_Process_en.pdf -
Date: 2019-10-15
... licensed insurance agency or a licensed insurance broker company, a person concerned in the management of the regulated activities3 carried on by a licensed insurance agency or a licensed insurance broker company) (each a “Regulated Person4”, and together referred to as “Regulated Persons”) in the event of...
https://www.ia.org.hk/english/enforcement/lii/files/Overview_of_Disciplinary_Process_en.pdf -
Date: 2019-10-15
... dollars for their retirement, which can be an astronomical sum for a typical wage earner. Relying solely on the 10% MPF mandatory contributions made by employers and employees monthly is hardly su�cient. To enjoy a secure retirement life, the best way is to start saving for retirement as early as...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/files/Saving_for_Retirement_Eng_Final.pdf -
Date: 2020-06-23
... Implementation Support Group (“HKIISG”), a forum for members to raise and discuss questions on implementing HKFRS 17. The Insurance Authority encourages authorized insurers to continue making use of the HKIISG and to ensure timely implementation of HKFRS 17. The letter of HKICPA to the industry on Amendments to...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_Amendments_to_Hong_Kong_Financial_Reporting_Standard_17_Insurance_Contracts.pdf -
Date: 2020-12-21
... in the Gazette on 23 August 2019 (please click here for details) and 20 December 2019 (please click here for details) and below makes the content of the applicable rules available to any person for inspection free of charge. List of Applicable Rules Applicable Rules...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/applicable_rules_issued_by_the_SROs.html -
Date: 2019-12-20
... billion from Retirement Scheme business (increased by 58.7%). On the other hand, new office premiums (excluding Retirement Scheme business) of long term business were $65.5 billion (decreased by 34.4%), mainly comprising $60.7 billion from Individual Life and Annuity (Non-Linked) business...
https://www.ia.org.hk/english/infocenter/press_releases/20200831.html -
Date: 2021-09-03
... Insurance Companies Ordinance (Chapter 41) GUIDELINE ON MINIMUM REQUIREMENTS FOR INSURANCE BROKERS Insurance Authority Contents Page 1. Introduction 1 2. Authorization/Approval of Insurance Brokers/Bodies of Insurance Brokers 4 3. Minimum Requirements for compliance by Insurance Brokers and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonMininumRequirementsforInsuranceBrokers.pdf -
Date: 2020-06-16
[HTML]
Authorized Insurers
... (Cap. 41) (“IO”) to initiate investigation and impose a range of disciplinary sanctions on authorized insurers. The IA may initiate an investigation under section 41D of the IO if the IA: has reasonable cause to believe that a provision of the IO may have been...
https://www.ia.org.hk/english/enforcement/authorized_insurers/AuthorizedInsurers.html -
Date: 2021-09-13
... that automate the entire production cycle from customer on-boarding to claims settlement. Given its group structure and strategy, a twin focus will be placed upon technology innovation and insurance services. This newcomer will start off with pet insurance, followed progressively by health...
https://www.ia.org.hk/english/infocenter/press_releases/20200415.html -
Date: 2020-04-28
[PDF]
Cir_30.08.2019.pdf
... Scheme (“VHIS”) and Qualifying Deferred Annuity Policy (“QDAP”) on 1 April 2019, policyholders are now able to claim tax deductions for the relevant premiums paid for VHIS and QDAP. To reflect the above developments, we have issued an Update for the attachment to the GI Study Notes and LT Study Notes...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_30.08.2019.pdf -
Date: 2019-11-29