... Insurance Authority (“IA”) issued a circular on 21 February 2020 regarding Phase 1 of the temporary facilitative measures (“TFM”) to obviate the need to conduct face-to-face (“F2F”) meetings to minimize the risk of infection during the sales process of insurance policies. In view of the current pandemic...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_27032020.pdf -
Date: 2020-12-21
... Life and Annuity (Linked) business amounted to $6.6 billion (decreased by 21.7%). Contributions of Retirement Scheme business reached $8.1 billion (increased by 11.3%). On new business, new office premiums (excluding Retirement Scheme business) of long term business were $48.4 billion...
https://www.ia.org.hk/english/infocenter/press_releases/20190531.html -
Date: 2019-05-31
...; Hong Kong’s Money Laundering and Terrorist Financing Risk Assessment Report (Part 1) Hong Kong’s Money Laundering and Terrorist Financing Risk Assessment Report (Part 2) Regulatory Update and Supervisory Observations on AML/CFT...
https://www.ia.org.hk/english/supervision/antimoney_laundering/reference_materials_and_relevant_websites.html -
Date: 2023-11-21
... (ISSB) publication of the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards. These standards aim at becoming the global baseline for corporate disclosure of climate and sustainability-related information1. The Steering Group also welcomes the reliefs built...
https://www.ia.org.hk/english/infocenter/press_releases/20230627.html -
Date: 2023-06-27
... There are now 18 Hong Kong insurers1, which account for 84% of the motor insurance market share, providing URP products. Insurers have also been looking for ways to improve their application processes, including introduction of e-portals which provide the car owners with greater convenience...
https://www.ia.org.hk/english/infocenter/speeches_articles/20231221.html -
Date: 2023-12-21
... 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
... General Circular 36/04 -1 - CIB-GN(6) (Issued on 15 October 2007) (Revised on 15 March 2012) Guidance Note on Documentary Proof of Educational Attainment for Registration’s Purpose According to Membership Regulation 3.5, the General Committee is issuing this Guidance Note on Documentary Proof of...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN6_on_Doc_Proof_of_Edu_Attainment_15_3_2012_eg19.pdf -
Date: 2019-12-20
... Company Limited (中銀集團保險有限公司) 中銀集團保險 BOC Group Insurance 中國香港 HK 一般 General BC Reinsurance Limited (銀和再保險有限公司) 銀和再保 BC Re 中國香港 HK 一般 (R) General (R) 附錄 1 本統計數字所涵蓋的保險公司名單 Appendix 1 List of Insurers Covered in these Statistics 保險公司名稱 Name of Insurer 簡稱 Abbreviated Name 註冊成立 地點 * Place of Incorporation * 獲授權...
https://www.ia.org.hk/english/infocenter/statistics/files/GB_Insurerlist_2020.pdf -
Date: 2021-10-07
... 1 Asian Insurance Forum 2021 “Opportunities and Challenges in the Post-pandemic New Normal” 7 December 2021 Welcome Remarks by Dr Moses Cheng Chairman of the Hong Kong Insurance Authority Chief Executive the Honourable Mrs Carrie Lam, Mr Yin1 , Mr Dixon2 , friends and colleagues, ladies and...
https://www.ia.org.hk/english/infocenter/files/Asian_Insurance_Forum_2021.pdf -
Date: 2021-12-09
... Statements issued by the Financial Action Task Force (“FATF”) Our Ref: INS/TEC/6/45 16 March 2022 To : Chief Executives / Responsible Officers of all insurance institutions (“IIs”)1 Dear Sirs, Statements issued by the Financial Action Task Force (“FATF”) Further to our letter of 12 November 2021...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/FATFPublicStatementCircular20220316.pdf -
Date: 2022-05-31