... difficulties in earning the CPD hours required before the deadline of 31 July 2020 and may therefore be unable to comply with the CPD requirements for the Assessment Period ending on 31 July 2020. One-off Extension of CPD Fulfillment Deadline by 3 Months With this in mind, the IA has decided that, as a one-off...

... technology (Insurtech) and exploring various electronic distribution channels to improve the customer experience and satisfy the insurance needs of consumers. Currently, policyholders can search for insurance products on the digital sales platform of insurers and purchase simple...

... Sustainable Finance Corporate Disclosure Product Innovation Fintech Adoption 8 Insurtech Underserved Customer Segments and Hidden Demands Widen Distribution Channels Societal needs on Medical Care and Retirement Planning Broaden Product Mix Insurtech Sandbox, Fast Track Facilitate Business Infrastructure e.g....

... 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...

... regulated entity is a member (e.g. the HKMA regulated entity may be the holding company or a sister company of the DIHC). It is among the IA’s functions under section - 2 - 95B of the IO to coordinate with involved supervisors on the supervisory activities and measures in respect of insurance groups...

... regulated entity is a member (e.g. the HKMA regulated entity may be the holding company or a sister company of the DIHC). It is among the IA’s functions under section - 2 - 95B of the IO to coordinate with involved supervisors on the supervisory activities and measures in respect of insurance groups...

... GL4 GUIDELINE ON “FIT AND PROPER” CRITERIA UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction ………………………..………………….…. 1 2. Approval / Notification Requirements for Appointments of Certain Positions ……....…………....………………......... 1 3. Factors for Determining “Fit...

... GL4 GUIDELINE ON “FIT AND PROPER” CRITERIA UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction ………………………..………………….…. 1 2. Approval / Notification Requirements for Appointments of Certain Positions ……....…………....………………......... 1 3. Factors for Determining “Fit...

... Companies Ordinance (ICO) (Chapter 41) and its Regulations, together with the Guidance Notes issued by the Insurance Authority (IA), prescribe a rule-based capital adequacy framework for insurers operating in Hong Kong. Capital adequacy is assessed on the basis of an insurer’s solvency margin, i.e. the...

... Support Services for People of Diverse Races The Insurance Authority strives to ensure that people of Hong Kong, regardless of their race, enjoy equal access to our services including complaints and enquiries.  Please refer to the list below for the measures on...