... cited emerge from our observations in our complaints handling and supervision work and also take account of the Insurance Core Principles (“ICP”) promulgated by the International Association of Insurance Supervisors. ICP 19.10, which requires insurers to handle claims in a timely, fair and...
https://www.ia.org.hk/english/legislative_framework/Conduct_in_Focus_Issue_07_(Special_Supplement_02).html -
Date: 2023-05-12
... IASB. The HKIISG will have no authority—no decisions, interpretation or guidance will be issued by the HKIISG. Refer to Annex 1 for an illustration of the operating procedures and Terms of Reference. Call for nominations HKICPA is seeking 10 candidates for membership of the HKIISG. Candidates who meet...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/HKICPA_letter_on_HKFRS_17.pdf -
Date: 2018-11-30
...: • The self retention4 by the insurance company regarding general insurance exposure to damage as a result of a single catastrophic event. • An amount which is the product of the share of the reinsurers in the general insurance exposure for natural disasters, by the factors established in Table Number 10...
https://www.ia.org.hk/english/infocenter/files/circulars01.pdf -
Date: 2019-09-03
...: • The self retention4 by the insurance company regarding general insurance exposure to damage as a result of a single catastrophic event. • An amount which is the product of the share of the reinsurers in the general insurance exposure for natural disasters, by the factors established in Table Number 10...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/circulars01.pdf -
Date: 2019-09-10
... smaller issues, which individually may not justify a pecuniary penalty, but which do so when taken collectively; (x) whether the conduct is or was part of a more serious misconduct; (xi) in case of a responsible officer of a firm (i.e. a sole proprietor, partnership or company), or a person involved in...
https://www.ia.org.hk/english/legislative_framework/files/Guideline_on_Pecuniary_Penalty_English.pdf -
Date: 2020-09-24
... smaller issues, which individually may not justify a pecuniary penalty, but which do so when taken collectively; (x) whether the conduct is or was part of a more serious misconduct; (xi) in case of a responsible officer of a firm (i.e. a sole proprietor, partnership or company), or a person involved in...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonExercisingPowertoImposePecuniaryPenaltyinRespectofRegulatedPersonsundertheInsuranceOrdinance.pdf -
Date: 2020-06-24
... smaller issues, which individually may not justify a pecuniary penalty, but which do so when taken collectively; (x) whether the conduct is or was part of a more serious misconduct; (xi) in case of a responsible officer of a firm (i.e. a sole proprietor, partnership or company), or a person involved in...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonExercisingPowertoImposePecuniaryPenaltyinRespectofRegulatedPersonsundertheInsuranceOrdinance_Brokers.pdf -
Date: 2020-06-24
... smaller issues, which individually may not justify a pecuniary penalty, but which do so when taken collectively; (x) whether the conduct is or was part of a more serious misconduct; (xi) in case of a responsible officer of a firm (i.e. a sole proprietor, partnership or company), or a person involved in...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Guideline_on_Pecuniary_Penalty_English.pdf -
Date: 2019-09-10
... smaller issues, which individually may not justify a pecuniary penalty, but which do so when taken collectively; (x) whether the conduct is or was part of a more serious misconduct; (xi) in case of a responsible officer of a firm (i.e. a sole proprietor, partnership or company), or a person involved in...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Guideline_on_Pecuniary_Penalty_English.pdf -
Date: 2019-11-29
... made by the 15 jurisdictions it had identified in June 2000 as NCCTs in the fight against money laundering and decided to remove four of these jurisdictions in recognition of their efforts to address deficiencies through the enactment of legal reforms. These jurisdictions are the Bahamas, the Cayman...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular270701.html -
Date: 2017-06-23