... activities for the client, referred to in the Code of Conduct as a “client agreement”. 2. This Practice Note supplements Standard and Practice 5.4(a) of the Code of Conduct by setting out information which the Insurance Authority (“IA”) would expect a licensed insurance broker company (for the purpose of...
https://www.ia.org.hk/english/legislative_framework/files/Practice_note_on_Client_Agreement_ILAS_Eng.pdf -
Date: 2020-06-01
... activities for the client, referred to in the Code of Conduct as a “client agreement”. 2. This Practice Note supplements Standard and Practice 5.4(a) of the Code of Conduct by setting out information which the Insurance Authority (“IA”) would expect a licensed insurance broker company (for the purpose of...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Practice_note_on_Client_Agreement_ILAS_Eng.pdf -
Date: 2020-06-24
... 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...
https://www.ia.org.hk/english/infocenter/press_releases/20201201.html -
Date: 2020-12-01
... 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...
https://www.ia.org.hk/english/infocenter/press_releases/20231204.html -
Date: 2023-12-04
... Insurance Intermediaries Qualifying Examination Syllabus for Travel Insurance Agents Examination Candidates are recommended to study the 2014 Edition of the Study Notes for examinations to be held from 2 March 2015 onwards. Insurance Intermediaries Qualifying Examination Syllabus for Travel...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/syll-tia-2014.pdf -
Date: 2019-12-02
... applicable. Orders and Regulations for Levies With effect from 1 January 2018, if a contract of insurance relates to a prescribed class of insurance business or a type of contract of insurance, a prescribed levy is payable to the IA for the contract by its policy holder....
https://www.ia.org.hk/english/legislative_framework/overview/an_overview_of_the_regulatory_framework.html -
Date: 2021-09-13
... The larger the gross floor area, the higher the premium. The older the building age (e.g. 35 years or above), the higher chance the premium will be adjusted by the insurer. Factors such as property type and the inclusion of a domestic helper also affect the premium level. For example, village houses...
https://www.ia.org.hk/english/home_insurance/index.html -
Date: 2023-04-20
... 1 CIB Annual Conference 2021 “Insurance Broking in a Changing World - Negotiating Stormy Seas” held at 2 p.m. on 25 October 2021 Opening Remarks by Mr Clement Cheung Chief Executive Officer of the Insurance Authority Patrick 1 , Alex 2 , Rath 3 , Adrian 4 , distinguished members of the Hong Kong...
https://www.ia.org.hk/english/infocenter/files/CIB_Annual_Conference_2021.pdf -
Date: 2021-12-09
... Companies (Amendment) Ordinance 2015 B. Regulated Activities C. Specified Exemption & Exceptions D. Licensing Requirements E. Ongoing Obligations of Intermediaries F. Current Preparatory Work 2 Phase 3 Commencement of Amendment Ordinance • Implementation of new statutory licensing regime for insurance...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_New_Regulatory_Landscape_for_Insurance_Intermediaries.pdf -
Date: 2021-12-09
... Companies (Amendment) Ordinance 2015 B. Regulated Activities C. Specified Exemption & Exceptions D. Licensing Requirements E. Ongoing Obligations of Intermediaries F. Current Preparatory Work 2 Phase 3 Commencement of Amendment Ordinance • Implementation of new statutory licensing regime for insurance...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_New_Regulatory_Landscape_for_Insurance_Intermediaries.pdf -
Date: 2021-09-08