... on today’s agenda. According to a recent market report, the total value of global Insurtech funding reached US$2.3 billion in 2017, representing a 32 percent increase over 2016. I am glad to see the progressive development of technological advanced solutions in Hong Kong’s insurance industry. For...

... to whom the applicant places his client's business and the respective shares of brokerage income derived from these insurers: % of Total Name of Insurers Brokerage Income 1. 2. 3. 4. 5. 2. Names and addresses of the applicant's principal bankers: 3. (i) If the applicant is a limited company, state...

... on today’s agenda. According to a recent market report, the total value of global Insurtech funding reached US$2.3 billion in 2017, representing a 32 percent increase over 2016. I am glad to see the progressive development of technological advanced solutions in Hong Kong’s insurance industry. For...

... to whom the applicant places his client's business and the respective shares of brokerage income derived from these insurers: % of Total Name of Insurers Brokerage Income 1. 2. 3. 4. 5. 2. Names and addresses of the applicant's principal bankers: 3. (i) If the applicant is a limited company, state...

... collectively have sufficient expertise to understand the important issues related to investment policy and should ensure that all individuals conducting and monitoring investment activities have sufficient levels of knowledge and experience. 3.8. At least annually, the Board should review the adequacy of its...

... Insurance Authority bans To Kong until 14 July 2024 8 March 2022 The Insurance Authority (“IA”) has taken disciplinary action against former technical representative (broker) Mr To Kong, prohibiting him from applying to be licensed until...

... Ordinance introduces the following new provisions, among others, which are likely to be relevant to you: (1) New section 8A prohibits, except under the authority of a licence granted by the Secretary for Security, dealing, directly or indirectly, with any property knowing that, or being reckless as to...

... of long term insurance policy. Background CIB Membership Regulation 14.7.8 requires our Members and their Chief Executive and Technical Representatives to deliver any new long term insurance policy issued by the insurer through him to his client without delay. It has come to our notice that in some...

... forms did not contemplate telemarketing or online sales and further clarification was needed in this respect. IA’s response 8. We are pleased to note the broad support of the principle-based approach. The principle-based approach gives insurers and insurance agencies the flexibility in formulating a...

... forms did not contemplate telemarketing or online sales and further clarification was needed in this respect. IA’s response 8. We are pleased to note the broad support of the principle-based approach. The principle-based approach gives insurers and insurance agencies the flexibility in formulating a...