... respondent insurance agencies. Note 1: On 23 September 2019, the IA took over the responsibility for the direct regulation of some 110,000 insurance intermediaries in Hong Kong from the three Self-Regulatory Organizations. Note 2: The term “insurance agency” means an insurance agent operating as an insurance...

... respondent insurance agencies. Note 1: On 23 September 2019, the IA took over the responsibility for the direct regulation of some 110,000 insurance intermediaries in Hong Kong from the three Self-Regulatory Organizations. Note 2: The term “insurance agency” means an insurance agent operating as an insurance...

... Ordinance (Cap.41) (“IO”) Pursuant to section 73(1) of the IO, a licensed insurance broker company must, within 6 months after the end of each financial year (“the 6-month statutory submission deadline”), provide the IA with its audited financial statements, an auditor’s report on its financial statements...

... decreased by 5.4% to $75 billion. On the other hand, those of Individual Life and Annuity (Linked) business increased by 158.8% to $5.4 billion. In the first half of 2017, gross and net premiums of general insurance business recorded a growth of 6% to $25.5 billion and 6% to $17.6 billion...

... The insurer or insurance intermediary will recommend a suitable product to you based on the FNA results and provide you with information of the respective product, including product brochures, benefit illustrations and a website link showing the fulfillment ratio. Read the information carefully to...

... to ensure continuity of the business operations. Our Guidance Note on the Corporate Governance of Authorized Insurers (GN10) requires, among others, an authorized insurer to identify cybersecurity threats arising from network, email and relevant devices. It would be more optimal and cost effective to...

... PROFESSIONAL INSURANCE BROKERS ASSOCIATION LTD. MEMBERSHIP REGULATIONS (First made in October 2003 and was amended on 15 April 2013) 1 PROFESSIONAL INSURANCE BROKERS ASSOCIATION LIMITED MEMBERSHIP REGULATIONS 1. Membership The Association shall consist of company memberships as defined in the...

... financing 提高對保險業打擊洗錢及恐怖分子籌資活動的防範意識； 2. To enhance participants' understanding of the statutory obligations & practices of suspicious transaction reporting (STR) 了解法定義務及加強執行可疑交易報告； 3. To familiarize with the Guideline on Anti-Money Laundering and Counter-Terrorist Financing issued by the Insurance Authority...

... financing 提高對保險業打擊洗錢及恐怖分子籌資活動的防範意識； 2. To enhance participants' understanding of the statutory obligations & practices of suspicious transaction reporting (STR) 了解法定義務及加強執行可疑交易報告； 3. To familiarize with the Guideline on Anti-Money Laundering and Counter-Terrorist Financing issued by the Insurance Authority...

... insurance industry for the first three quarters of 2023, showing a decrease of total gross premiums by 1% to $428.6 billion over the corresponding period in 2022. (Percentage figures shown in brackets represent year-on-year changes) Long term business Total revenue...