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⏭... new regime for 3-years. In this circular, these agencies, ROs and their TRs are referred to as “deemed licensees”. Each deemed licensee has a licence which runs from 23 September 2019 to 22 September 2022 (“transitional period”). During this transitional period, every deemed licensee needs to apply...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Deemed_licensee_agency_company.pdf -
Date: 2020-12-21
... Professional Insurance Brokers Association (“PIBA”) immediately prior to that date, were automatically granted a licence under the new regime for 3-years. In this circular, these broker companies, ROs and their TRs are referred to as “deemed licensees”. Each deemed licensee has a licence which runs from 23...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Deemed_licensee_broker_company.pdf -
Date: 2020-12-21
... Initiatives Electronification Enhanced Complaints Handling Procedures Inspection 2 Background information 3 Insurance Industry Landscape 4 Number of Insurance Intermediaries 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 110,000 2011 2012 2013 2014 2015 2016 2017 (As at 31 Jul...
https://www.ia.org.hk/english/infocenter/files/Updates_on_the_New_Insurance_Intermediaries_Regulatory_Regime.pdf -
Date: 2020-06-12
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Introduction
... illustration. Under extreme circumstances, the amount of non-guaranteed benefits may be zero. Types of dividends In general, there are three types of dividends or bonuses, which are all non-guaranteed. The type of distribution is subject to the terms of a specific policy. Following are...
https://www.ia.org.hk/english/participating_policy/index.html -
Date: 2024-01-18
... Closure of Insurance Authority offices to the general public 3 February 2022 In view of the latest development of COVID-19, the Insurance Authority (IA) announced that its offices in Wong Chuk Hang and North Point will be closed to the general...
https://www.ia.org.hk/english/infocenter/press_releases/20220203.html -
Date: 2022-02-03
... ...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/3a_HKFI_CoP_for_Admin_of_Agents_3rd_Edition_1_1_1998_20190823.pdf -
Date: 2019-12-20
... ...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/3a_IARB_GN5_GL_Handling_of_Premiums_v3_1_1_2000_20190823.pdf -
Date: 2019-12-20
... professional competence and standard in providing advice and service to the policy holders and potential policy holders. CPD Requirements 3. Except for travel insurance agents, their responsible officers and technical representatives (requirements are specified in paragraph 4), all insurance intermediaries are...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_IARB_20141203_Updated_CPD_Info_Sheet_20190823.pdf -
Date: 2019-12-20