... Life Insurance 1/1 1.1.1 Needs for Life Insurance 1.2 Principles of Life Insurance 1/2 1.2.1 Insurable Interest 1.2.2 Duty of Disclosure 1.2.3 Other Insurance Principles 1.3 Calculation of Life Insurance Premium 1/10 1.3.1 Rating Factors a. Mortality, Interest and Expenses b. Other Factors 1.3.2...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.docx -
Date: 2019-12-02
... issue email regarding the update • IA would issue email alert Local Legislative Development – AMLO Amendment Commenced on 1 March 2018 The amendments, which are more relevant to the insurance sector, include – (a) relaxing the threshold of defining beneficial ownership from “not less than 10%” to...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/20180605_ppt.pdf -
Date: 2021-11-12
... issue email regarding the update • IA would issue email alert Local Legislative Development – AMLO Amendment Commenced on 1 March 2018 The amendments, which are more relevant to the insurance sector, include – (a) relaxing the threshold of defining beneficial ownership from “not less than 10%” to...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/20180605_ppt.pdf -
Date: 2022-04-27
... issue email regarding the update • IA would issue email alert Local Legislative Development – AMLO Amendment Commenced on 1 March 2018 The amendments, which are more relevant to the insurance sector, include – (a) relaxing the threshold of defining beneficial ownership from “not less than 10%” to...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/20180605_ppt.pdf -
Date: 2019-11-05
... 2001 (amended on 10 Apr. 2003, 16 May 2011, 21 Mar. 2017) Other information: In custody in Jordan since 26 Feb. 2015 for recruitment and support to Islamic State in Iraq and the Levant (ISIL), listed as Al-Qaida in Iraq (QDe.115) as at Mar. 2010. Father’s name is Mohammad Hijazi. Mother’s name is...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20170406.pdf -
Date: 2018-01-15
... Joint Inspection on the Use of Premium Financing to Take Out Long Term Insurance Policies in Hong Kong 30 September 2021 Ref: INS/TEC/9/2/2/26 HKMA/B1/15C To: Chief Executives of all authorized insurers carrying on long term insurance business, Responsible Officers of all licensed insurance broker...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_30092021.pdf -
Date: 2021-12-10
... Financial Security 31-12-18 - - - - 英國友誠國際 Friends Provident Int'l 31-12-18 3 - - 6,253 富通保險 FTLife 31-12-18 1,359 83,094 38,836 232,180 香港富邦人壽 Fubon Life Hong Kong 31-12-18 28 15,224 - 19,854 富衛人壽 FWD Life 31-12-18 3,623 131,904 - 802,886 忠意人壽 Generali Life (HK) 31-12-18 - - - - 恒生保險 Hang Seng Insurance...
https://www.ia.org.hk/english/infocenter/statistics/files/Table-L12_2018.pdf -
Date: 2019-09-30
... previous two years. Through the audit call, it was discovered that the agent had received RMB15,000 from a client in April 2018, for the purpose of settling the client’s premium payment of an insurance policy. However, the agent failed to pay the monies onto the insurer, resulting in the policy...
https://www.ia.org.hk/english/infocenter/press_releases/20231106.html -
Date: 2023-11-06
... Statements issued by the Financial Action Task Force (“FATF”) 15 July 2019 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Statements issued by the Financial Action Task Force (“FATF”) Further to our letter of 13 March 2019, we are...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20190715.pdf -
Date: 2019-12-24
... (valid until 15 Feb. 2017) Address: a) Grenoble, France (domicile from 1993 to 2012) b) Syrian Arab Republic (located in since between 2012 and 2016) c) Turkey (from Jun. 2016 to Jan. 2017) d) France (in detention since Jan. 2017) Listed on: 23 Sep. 2014 (amended on 24 Jun. 2016, 27 August 2017) Other...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20170908.pdf -
Date: 2018-01-15