... April 2019 Consultation Conclusions on Draft Insurance (Maximum Number of Authorized Insurers) Rules April 2019 Contents Introduction 1 Feedback Received and Insurance Authority’s Response 2 Conclusions and Next Steps 6 Annex A – Final Form of Insurance (Maximum Number of Authorized Insurers...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-10
... notice. Hotline services and email responses to enquiries and complaints will continue as normal. Except those skeleton staff, IA staff will continue to work from home. The IA will keep reviewing the situation and will announce any updates on the IA website. Ends ...
https://www.ia.org.hk/english/infocenter/press_releases/20200425.html -
Date: 2020-04-25
... Quarterly Release of Provisional Statistics for Long Term Business 2023 January 2023 to March 2023 (New Business # and In-force Business * ) [PDF] [EXCEL] January 2023 to June 2023 (New Business # and In-force Business * ) [PDF...
https://www.ia.org.hk/english/infocenter/statistics/market_7_2023.html -
Date: 2023-11-30
... Annex - Key Findings of the Joint Inspection on the Use of Premium Financing to Take Out Long Term Insurance Policies in Hong Kong i Annex Key findings of the joint inspection of the Insurance Authority and the Hong Kong Monetary Authority on the use of premium financing to take out long term...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Annex_30092021.pdf -
Date: 2021-12-10
... CPD Circular_25032022_Eng 25 March 2022 Our Ref: MC/CPD/CIR By email only To: Chief Executives of all authorized insurers, Responsible Officers of all licensed insurance agencies and licensed insurance brokers companies Dear Sirs, Continuing Professional Development (“CPD”) Requirements for...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/CPD_Circular_25032022_Eng.pdf -
Date: 2022-05-31
... performer has a margin of -63.5%. The median underwriting margin is -6.7% with the 1st quartile and the 3rd quartile being -26.1% and 5.8% respectively. We hope these key market indicators can help you better understand the overall performance and characteristics of the statutory classes of business. In...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/EC-MV-Cir.pdf -
Date: 2021-12-10
... the global competitiveness of our insurance industry whilst strengthening protection for policy holders. I am glad that he would continue to support us on this journey,” said Dr Moses Cheng, Chairman of the IA. “It is my pride and honour to be given an opportunity to serve the...
https://www.ia.org.hk/english/infocenter/press_releases/20200814_1.html -
Date: 2020-08-14
... insurance industry and various stakeholders; and the Insurance Core Principles, Standards, Guidance and Assessment Methodology (“ICP”) promulgated by the International Association of Insurance Supervisors, in particular ICP19 on fair treatment of customers. GL31 provides guidance on the minimum standards...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20191129_ins.pdf -
Date: 2019-11-29
... performer has a margin of -57.1%. The median underwriting margin is -11.9% with the 1st quartile and the 3rd quartile being -29.7% and 0.1% respectively. We hope these key market indicators can help you better understand the overall performance and characteristics of the statutory classes of business. In...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/L-EC-MV_Cir.pdf -
Date: 2019-11-29
... Scheme) promulgated in the 2021-22 Budget. The Grant Scheme provides an incentive for insurance companies and organisations to issue insurance-linked securities (ILS) in Hong Kong, while efforts are being made in parallel to map out a new regulatory scheme for Special Purpose Insurers set up in...
https://www.ia.org.hk/english/infocenter/press_releases/20210503_1.html -
Date: 2021-05-03