... Insurance Authority authorizes first virtual insurer under Fast Track 20 December 2018   The Insurance Authority (IA) announced today (20 December 2018) that it has granted the first authorization of a new insurer owning and operating solely...

... Amendments to the Guideline on Anti-Money Laundering and Counter-Terrorist Financing 19 October 2018 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Amendments to the Guideline on Anti-Money Laundering and Counter-Terrorist Financing...

... with creditors, have been adjudicated bankrupt, or you are currently subject to receivership, administration, liquidation, bankruptcy or other similar proceedings. Please provide a copy of the relevant documents (e.g. certificate of discharge), and reference letters concerning your fitness and...

... I write to inform you of the imposition of counter-measures on Myanmar by the Financial Action Task Force ("FATF"). Myanmar was identified as a non-cooperative country or territory ("NCCT") in the fight against money laundering in June 2001. Since then, Myanmar has...

... Insurance Ordinance (Cap. 41) (the "Ordinance") Insurance (Determination of Long Term Liabilities) Rules (Cap. 41E), Rule 8(7)(a) 28 March 2022 Our Ref: INS/TEC/6/20/6 Subfile IV By email only To: Chief Executives of Authorized Insurers to which GL21 applies Dear Sirs, Key Observations from the...

... Microsoft Word - Summary_Complaints_received_by_IA_20170626-20180331_Eng.docx Summary of Complaints received by the Insurance Authority 26 June 2017 - 31 March 2018 Remarks:  Under the current self-regulatory system for insurance intermediaries, some complaints against insurance intermediaries...