... announced in the Chief Executive’s 2018 Policy Address today (10 October 2018). The initiatives include introducing legislative amendments to allow for the formation of special purpose vehicles specifically for issuing insurance-linked securities (ILS), and tax reliefs to promote the development of...

... Understanding Home Insurance General Exclusions Wear and tear Home insurance does not protect against the loss, destruction or damage of covered items caused by natural wear and tear. For example, pipe damage will not be covered if it is...

... 17 is 1 January 2021. To support stakeholders such as insurers in the implementation of HKFRS 17, HKICPA is establishing a Hong Kong Insurance Implementation Support Group (“HKIISG”) and accepting applications for membership of the HKIISG. The HKIISG can provide a forum for stakeholders to raise and...

... 17 November 2004 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, Non-cooperative Countries and Territories & United States Executive Order 13224...

... upon the whole or any part of the information on this website. This website also contains information input by other parties and users may link this website to other websites and obtain information provided by other parties (collectively called "the other information”). The IA has...

... commencing on 23 September 2019. As part of the preparation, the IA is conducting the first market survey of Insurance Agencies engaging in long term business (“Long Term Insurance Agencies”) to collect their basic business and financial information. The survey consists of three sections. All Long Term...

... Insurance Agents Examination Part I Principles and Practice of Insurance I. Risk and Insurance i. Concept of Risk A. Meaning of Risk B. Classification of Risk C. Risk Management ii. Functions and Benefits of Insurance II. Legal Principles i. The Law of Contract A. Definition ii. The Law of Agency A....

... 19 March 2003 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, Financial Action Task Force Non-cooperative Countries and Territories...

... The Insurance Authority or Its Staff The Insurance Authority (“IA”) attaches great importance to how the public perceive the performance of the organization and its staff. Any complaints regarding the way that IA or its staff have carried out its...

... Monetary Authority (“HKMA”) and the Securities and Futures Commission (“SFC”) as follows: HKMA a. In a circular to its members dated 13 July 2009, the HKMA stated that “Financial or other incentives (e.g. gifts) to invest in a product should not be used or presented in a way that is likely to divert or...