... Authority • To facilitate sustainable development of the insurance industry • To protect policy holders with a modernised regulatory infrastructure 2 Key Statutory Functions 3 Regulate and supervise insurers and insurance intermediaries Promote proper conduct and practices Conduct studies, consider and...

... iAM Smart Modernize Infrastructure Cybersecurity, Personal Data Privacy, Ethics, Regtech/Suptech Address Regulatory Concerns Insurance Authority Corporate Strategy 9 Policy Holders’ Protection Market Development Product Innovation Policy Holders’ Protection: Risk-based Capital Regime 10 Pillar 1...

... 3.4.8 Policy Provisions Providing More Than Indemnity 3.4.9 The Practical Problems with Indemnity 3.5 Contribution 3/15 3.5.1 Equitable Doctrine of Contribution 3.5.2 How Applicable 3.6 Subrogation 3/16 3.6.1 Definition 3.6.2 How Applicable v 4. STRUCTURE OF HONG KONG INSURANCE INDUSTRY 4/1 4.1 Types of...

... a very common structural change nowadays. Policyholders should ensure such renovations are not in violation of any statutory regulations and meet the fire safety requirements, so as not to affect the validity of the home insurance policy. Policy renewal The policy period of home...

... valid. Contracts comprise promises or undertakings, usually given in exchange for a promise or undertaking from the other side. In legal terminology, contracts are something intangible. Therefore, an insurance policy in itself is not a contract; instead it is the most commonly used evidence of an...

... authorized life insurers announcing further facilitative measures which open up the distribution of all life insurance products via online channels to meet the demand of potential policy holders for a wide variety of insurance products while minimising the risk of infection during the sales process....

... Version: February 2021 1 Form S4 Insurance Intermediary Licence Applicant/Licensee/ Related Person1 of Licence Applicant/Licensee Information on Disciplinary Action Record Please complete this Form if you have ever been disciplined by a professional, trade or regulatory body. Please provide a copy...

... Version: February 2021 1 Form S4 Insurance Intermediary Licence Applicant/Licensee/ Related Person1 of Licence Applicant/Licensee Information on Disciplinary Action Record Please complete this Form if you have ever been disciplined by a professional, trade or regulatory body. Please provide a copy...

... insurance agents (as representatives of insurers) and insurance brokers (as representatives of policy holders or potential policy holders), the IA proposes to issue two separate codes of conduct to set out respective requirements for them. The consultation papers are now available on the IA...

... insurance industry for the promotion of the general stability of the insurance industry and for the protection of existing and potential policy holders. Without limiting the generality of section 4A(1), the IA has other specific statutory functions. Membership list of the IA...