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Guidelines
...) GL5: Guideline on Application for Authorization to Carry on Insurance Business in or from Hong Kong GL6: Guideline on Reserving for Mortgage Guarantee Business GL7: Guideline on the Reserve Provision for Class G of Long Term Business...
https://www.ia.org.hk/english/legislative_framework/guidelines.html -
Date: 2020-09-24
... 180 consecutive days; 5. CPD hour requirements for a person whose licence is suspended or revoked for 180 consecutive days or more; and 6. Repeated attendance of the same CPD activity in the same Assessment Period or in different Assessment Periods. https://www.ia.org.hk/en/legislative_framework/files...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_Interpretation_Notes.pdf -
Date: 2021-09-09
... term business Office premiums of in-force long term business were $511.5 billion in 2019 (increased by 10.8%), continued to be dominated by the Individual Life category which contributed $440.2 billion (increased by 3.3%) or 86.1% of the total. The number of policies in this category was 13.2...
https://www.ia.org.hk/english/infocenter/press_releases/20200930.html -
Date: 2020-09-30
... competition, higher insurance penetration especially in the Asian market What is ‘Sandbox’ ? 5 A concept adopted from software development world To test technological proof of concept prior to a full-scale public release --> Iterative process to amend and improve based on feedback In a regulated...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Insurtech_Sandbox_170915.pdf -
Date: 2018-08-01
... 30 November 2018 Our Ref: MC/INT/5 To: Chief Executives of all authorized insurers Dear Sirs, Explanatory Note on Licensing Requirements for Employees of Authorized Insurers under Regulatory Regime for Insurance Intermediaries We are writing to inform you that an Explanatory Note on Licensing...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Explanatory_Note_on_Licensing_Requirements_for_Employees_of_Authorized_Insurers_under_Regulatory_Regime_for_Insurance_Intermediaries.pdf -
Date: 2018-11-30
... 30 November 2018 Our Ref: MC/INT/5 To: Chief Executives of all authorized insurers Dear Sirs, Explanatory Note on Licensing Requirements for Employees of Authorized Insurers under Regulatory Regime for Insurance Intermediaries We are writing to inform you that an Explanatory Note on Licensing...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Explanatory_Note_on_Licensing_Requirements_for_Employees_of_Authorized_Insurers_under_Regulatory_Regime_for_Insurance_Intermediaries.pdf -
Date: 2018-11-30
[PDF]
Wesurance.pdf
... Private and Confidential Wesurance Limited 030519W-IA !4 E K Y C Private and Confidential Wesurance Limited 030519W-IA !5 Electronic Know Your Customer (eKYC)* by Simplify the claim process An eKYCed customer could make statement of the claim in system, no signature’s required eKYC is eligible for some...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Wesurance.pdf -
Date: 2019-06-06
[PDF]
GL31_20191129e.pdf
... Purpose, Application and Status of this Guideline ............................. 4 4. Responsibilities of Board of Directors, Individual appointed as Controller and Senior Management .................................................... 6 5. Product Design...
https://www.ia.org.hk/english/legislative_framework/files/GL31_20191129e.pdf -
Date: 2020-09-24