... 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...

... policy holders_leaflet_eng Understanding the role of insurance intermediaries and policy holders’ interests Insurance intermediaries serve on the frontline of the industry, connecting policy holders and insurance companies. They are engaged mainly in selling insurance products, providing...

... policy holders_leaflet_eng Understanding the role of insurance intermediaries and policy holders’ interests Insurance intermediaries serve on the frontline of the industry, connecting policy holders and insurance companies. They are engaged mainly in selling insurance products, providing...

... leaflet_中介人_eng Understanding the role of insurance intermediaries and policy holders’ interests Insurance intermediaries serve on the frontline of the industry, connecting policy holders and insurance companies. They are engaged mainly in selling insurance products, providing information and...

... IA CPD Declaration Form April 2021 Page 1 of 6 INSURANCE AUTHORITY (IA) Continuing Professional Development (CPD) Declaration Form (specified under the Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (GL24)) for the Combined CPD Assessment Periods of...