... cir_aml_20171201 1 December 2017 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Statements issued by the Financial Action Task Force on Money Laundering (“FATF”) Further to our letter of 13 July 2017, we are writing to inform you of...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20171201.pdf -
Date: 2018-01-15
... Guidance Notes GL13 GUIDELINE ON ASSET MANAGEMENT BY AUTHORIZED INSURERS Insurance Authority Contents Page 1. Preamble………………………………………….…………….. 1 2. Introduction…………………………………………………….. 2 3. Definition of the Investment Policy and Procedures…….……… 4 4. Monitoring and Control…………….…………………………... 9 5....
https://www.ia.org.hk/english/legislative_framework/files/GL13.pdf -
Date: 2020-09-24
... Mortality_Gap_Report_Synopsis_eng Mortality Protection Gap Study 2021 Average size of protection gap 5.7 times of annual income * weighted average per economically active adult Average size of protection gap HKD 1.9 million * per economically active adult Size of overall protection gap HKD 6.9...
https://www.ia.org.hk/english/infocenter/files/Mortality_Gap_Report_Synopsis_eng.pdf -
Date: 2021-12-14
...) 10:20-10:40 20 mins Sharing #1 “Virtual Onboarding Platform” Ms Selina Lau, Chief Executive, The Hong Kong Federation of Insurers (HKFI) 10:40-11:00 20 mins Sharing #2 “Silver lining in the pandemic cloud” Mr Marty Lui, Associate Director, Long Term Business, IA 11:00-11:30 30 mins Interactive...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Programme_rundown_Oct_2020.pdf -
Date: 2020-10-12
... Mortality_Gap_Report_Synopsis_eng Mortality Protection Gap Study 2021 Average size of protection gap 5.7 times of annual income * weighted average per economically active adult Average size of protection gap HKD 1.9 million * per economically active adult Size of overall protection gap HKD 6.9...
https://www.ia.org.hk/english/infocenter/files/Mortality_Gap_Report_Synopsis_eng.pdf -
Date: 2022-05-24
... Insurance Authority’s visit to National Financial Regulatory Administration 1 August 2023 Mr Stephen Yiu, Chairman of the Insurance Authority (IA) and Mr Clement Cheung, Chief Executive Officer of the IA met with Mr Li Yunze, the Minister of...
https://www.ia.org.hk/english/infocenter/press_releases/20230801_1.html -
Date: 2023-08-01
... is an organization): Contact Details: Question 1 Do you agree that the existing framework in relation to the maximum number of authorized insurers (including Lloyd’s) by which an individual insurance agent or an insurance agency can be appointed, should be retained? Question 2 Do you agree that the...
https://www.ia.org.hk/english/infocenter/files/Feedback_Form_Max_No_of_Insurer_ENG.docx -
Date: 2018-10-31
... complied with going forward. If you have any questions concerning this circular, please contact your case officers. Yours faithfully, Peter Gregoire Head of Market Conduct Division (Acting) and General Counsel Insurance Authority c.c. The Hong Kong Federation of Insurers 1 APPENDIX I Common compliance...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_Insurers_dd_18122020.pdf -
Date: 2020-12-21