... companies will be required to rectify any non-compliance and enhance their internal controls and procedures accordingly. Any suspected non-compliance noted will also be subject to consideration of further investigation. Understanding and communicating with the industry In order to...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/insurance_brokers.html -
Date: 2020-06-16
... Under section 134 of the Insurance Ordinance, the Chief Executive in Council may by order specify any rate or amount as a prescribed levy. In addition, the Chief Executive in Council may make regulations for payment of levies, the payment of charges or penalties for late payment of levies and the...
https://www.ia.org.hk/english/legislative_framework/overview/an_overview_of_the_regulatory_framework.html -
Date: 2021-09-13
... 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
... involving the use of technology for non-face-to-face (“non-F2F”) distribution of long term insurance products. The pandemic situation caused by COVID-19 also prompts the need for measures to minimize the risk of infection during the sales process of insurance products. Issues arising out of the use of...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_05082020.pdf -
Date: 2020-12-21
... 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: 2020-06-12
... in-force long term business were $280.3 billion in the first half of 2020 (increased by 5.6%), mainly comprising $237.9 billion from Individual Life and Annuity (Non-Linked) business (increased by 2.5%), $12.7 billion from Individual Life and Annuity (Linked) business (decreased by 8%), as well as $26.1...
https://www.ia.org.hk/english/infocenter/press_releases/20200831.html -
Date: 2021-09-03
... licensed insurance intermediaries provided by the Insurance Authority (“IA”), worth 2.5 CPD hours Appendix: E-CPD Course Organized by the Insurance Authority Enrolment link: https://iahk.knowledgeplatform.com/ 中文譯本: 保險業監管局(「保監局」)為持牌...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2023.html -
Date: 2023-12-29