... Risk-based Capital Framework for Insurance Industry of Hong Kong Risk-based Capital Framework for Insurance Industry of Hong Kong Frequently Asked Questions Q1 What are the differences between a risk-based capital (RBC) framework and the existing rule-based regime? A1 Currently, the Insurance...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_faq.pdf -
Date: 2019-09-03
... fraudsters who purport to be insurance intermediaries of Dah Sing Insurance Company (1976) Limited (DSI), an authorized insurer in Hong Kong. The case has been reported to the Hong Kong Police Force for further investigation. Fraudsters contacted and lured the victim into purchasing a motor...
https://www.ia.org.hk/english/infocenter/press_releases/20231201.html -
Date: 2023-12-01
... Nations Sanctions (Afghanistan) Regulation ("Regulation") Further to my letters of 22 May 2003 , I am writing to advise you that an updated list of names designated by the relevant United Nations Security Council Committee was published in the Gazette (G.N. 4602 and G.N. 4801) on...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular250703.html -
Date: 2017-06-23
... individual who is granted a licence under section 64Y of the IO to carry on regulated activities in one or more lines of business, as an agent of any licensed insurance agency. Responsible Officer Under section 64ZE of the IO, a licensed insurance agency should appoint a fit and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/the_system.html -
Date: 2020-04-17
... term business The total amount of revenue premiums of long term in-force business was $265.3 billion in the first half of 2019 (increased by 17.5%). Revenue premiums of Individual Life and Annuity (Non-Linked) business were $232 billion (increased by 20.5%) while those of Individual Life and...
https://www.ia.org.hk/english/infocenter/press_releases/20190830.html -
Date: 2021-09-03
... insurers. They may not be the same as the insurer’s investment returns. The payout is affected by the insurer’s investment strategy and performance, claim experience, operational expenses, etc. The final payout may be higher or lower than the projected payout illustrated in the benefit...
https://www.ia.org.hk/english/participating_policy/index.html -
Date: 2024-01-18
... Interpretation Notes Page 1 of 2 Interpretation Notes Guideline on Cooling-off Period (GL29) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of the Guideline on...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL29.pdf -
Date: 2020-09-24
... Interpretation Notes Page 1 of 2 Interpretation Notes Guideline on Cooling-off Period (GL29) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of the Guideline on...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL29.pdf -
Date: 2020-12-21