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⏭... market stability and protect policy holders’ interests. A spokesperson for the IA said, “In view of the persistently unsatisfactory functioning and solvency position of Target, the IA has earlier imposed a series of additional regulatory requirements, including requiring the company...
https://www.ia.org.hk/english/infocenter/press_releases/20220107.html -
Date: 2022-01-07
... Insurance Authority and China Banking and Insurance Regulatory Commission implement preferential treatment to promote the development of Hong Kong reinsurance industry 17 July 2018 The Insurance Authority (IA) reached a consensus with the China...
https://www.ia.org.hk/english/infocenter/press_releases/Insurance_Authority_and_China_Banking_and_Insurance_Regulatory_Commission_implement_preferential_treatment_to_promote_the_development_of_Hong_Kong_reinsurance_industry.html -
Date: 2023-09-22
[PDF]
pr150302.pdf
... Microsoft Word - pr150302.doc HK, Singapore enter into MOU on insurance regulatory co-operation ******************************************************** Hong Kong and Singapore have entered into a Memorandum of Understanding of Mutual Assistance and the Exchange of Information on insurance matters...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/pr150302.pdf -
Date: 2020-06-19
... recorded a profit of $432 million (increased by 41.2%). On direct business, gross and net premiums reached $23.3 billion (increased by 11%) and $16.3 billion (increased by 10.2%) respectively. Premium growth was noted in multiple business lines. Accident and Health business (comprising Medical...
https://www.ia.org.hk/english/infocenter/press_releases/20190830.html -
Date: 2021-09-03
... Insurance Authority releases provisional statistics of Hong Kong insurance industry in 2020 12 March 2021 The Insurance Authority (IA) today (12 March 2021) released provisional statistics of the Hong Kong insurance industry for 2020, indicating a...
https://www.ia.org.hk/english/infocenter/press_releases/20210312.html -
Date: 2021-09-03
... Requirements Relating to the Sale of ILAS to Enhance Customer Protection 2. Appendix A: ILAS Product Sales Flow (New Application) 3. Appendix B: Financial Needs Analysis (“FNA”) Form 4. Appendix C1: Important Facts Statement and the Applicant’s Declarations (Complex charge structure version for upfront and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/3_HKFI_ILAS_Requirements_v3_22_4_2013_20190823.pdf -
Date: 2019-12-20
... Application for Opening of Supervisor Account (Online Portal for Insurance Intermediaries) For Official Use 1st Review 2nd Review Approved Date of Receipt P A/R A/R A/R Account Creation AOP Approval Letter ____________________________________________________________________________ † Please tick...
https://www.ia.org.hk/english/infocenter/forms/files/FormA2OnlinePortalApplicationforOpeningofSupervisorAccount.pdf -
Date: 2019-09-22
... insurers formerly known as Metlife Limited and Metropolitan Life Insurance Company of Hong Kong Limited (collectively, the “Companies”) to pay a pecuniary penalty of HK$7 million for contravening seven specified provisions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance...
https://www.ia.org.hk/english/infocenter/press_releases/20220131.html -
Date: 2022-01-31
... Microsoft Word - Agency Survey - External Report (2019-12-05)_v5.docx Insurance Agency Survey As part of its preparation for the direct regulation (Note 1) of insurance agencies (Note 2), the Insurance Authority (“IA”) conducted a survey of their basic business and 2018 financial information. The...
https://www.ia.org.hk/english/infocenter/statistics/files/AgencySurveyExternalReport.pdf -
Date: 2020-01-07