... and commenced on 19 March 2021. The amended Inland Revenue Ordinance (Cap. 112) reduces the profits tax rate by 50 per cent (i.e. 8.25 per cent) for all general reinsurance business of direct insurers, specialty insurance business2 of direct insurers and specialty insurance brokerage...

... September 2022. The scope of products covered (in-scope TFM products)2 and the implementation details of the measures remain unchanged. Extension of Insurtech Sandbox to all life insurance products To satisfy the growing needs of the general public for protective insurance products and...

... CONDUCT IN FOCUS 1 Conduct in Focus 3rd Issue  October 2021  Insurance Authority CONDUCT IN FOCUS 2 Conduct In Focus is a periodical publication which presents statistics and commentary on complaints received by the Insurance Authority (“IA”) and examines topical issues regarding the way in...

... CONDUCT IN FOCUS 1 Conduct in Focus 3rd Issue  October 2021  Insurance Authority CONDUCT IN FOCUS 2 Conduct In Focus is a periodical publication which presents statistics and commentary on complaints received by the Insurance Authority (“IA”) and examines topical issues regarding the way in...

...  determine  if  a  rider  application  (including  top‐up  or  rider  added  after  policy issuance) needs to be companied by an FNA form?  A  1. Treatment for riders should follow the requirement as if it is a basic plan.          Q  2. Please provide  a definition of  'top‐ups',  in particular whether...

... new life insurance policy (including rider and top-up) falling under the following types must be accompanied by a financial needs analysis (“FNA”) form: (a) Any policies of the nature specified in Class A in Part 2 of the First Schedule to the Insurance Companies Ordinance (Cap. 41) (“ICO”) except...

... Kong Confederation of Insurance Brokers (“CIB”). Rath1, Adrian2, Patrick3, Alex4, Tommy5 and the management team at CIB deserve to be commended for their wisdom, agility and perseverance in keeping up a long tradition amidst severe operational constraints posed by COVID-19. The thoughtful choice of...

... and accessibility of climate-related data collected through the Climate and Environmental Risk Questionnaire for Non-listed companies/small and medium-sized enterprises (SME Questionnaire) 2. In addition, we will explore opportunities for public-private partnerships to promote the development of...

.../high-risk-and-other-monitored-jurisdictions/documents/public-statement-june-2019.html - 2 - You should give special attention to business relationships and transactions with the DPRK, including DPRK companies, financial institutions and those acting on their behalf, and subject them to increased scrutiny and enhanced due diligence. In...

... United Nations Sanctions and Revised Approach on Sanctions-related Notices Update 2 February 2018 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, United Nations Sanctions and Revised Approach on Sanctions-related Notices Update In...