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...; fitness and properness of authorized representative of Lloyd’s; reporting requirements; maintenance of local assets in Hong Kong; and regulation on insurance intermediaries. Lloyd's is also subject to the interventionary powers and certain...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/requirements_on_lloyds.html - Date: 2020-12-22
... information in the Application. Insurance Intermediaries Qualifying Examination (“IIQE”)  Please refer to Annex 1 (IIQE) to the Guideline on “Fit and Proper” Criteria for Licensed Insurance Intermediaries under the IO (Cap.41) (Guideline on “Fit and Proper” Criteria) for details about the exemptions and...
https://www.ia.org.hk/english/infocenter/forms/files/NotesonIndividualLicenceApplication.pdf - Date: 2019-09-22
... Note on Collection of Levy on Insurance Premium (Version 1.5) Page 1 INSURANCE AUTHORITY Note on Collection of Levy on Insurance Premium (the “Note”) Revised – March 2018 INTRODUCTION The Insurance (Levy) Order (the “Order”) specifies the prescribed classes of insurance business and types of...
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/notes_on_collection_of_levy_on_insurance_premium.pdf - Date: 2019-10-23
... a significant loss. Therefore, policy holders should not focus only on the benefits and overlook the risks and the possible adverse impact from premium financing. To facilitate your understanding and to illustrate the pros and cons on the use of premium financing, we have prepared two examples...
https://www.ia.org.hk/english/premium_financing/pros_and_cons.html - Date: 2024-01-18
... which set out principles of best practice for compliance by insurers e.g. Guideline on Underwriting Class C Business (“GL15”) and Guideline on Underwriting Long Term Insurance Business (other than Class C Business) (“GL16”). Code of Conduct for Insurance...
https://www.ia.org.hk/english/consumer/industry_practices_associated_with_the_sale_of_Insurance_policies.html - Date: 2020-04-21
... ........................................................ 14 3 MEMORANDUM OF UNDERSTANDING (“MoU”) BETWEEN: Securities and Futures Commission (the “SFC”) AND: Insurance Authority (the “IA”) 1 INTRODUCTION 1.1 This Memorandum of Understanding: (a) replaces the MoU signed on 20th December 2005 between the SFC and the IA (which is superseded), and reflects the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/MOU_between_SFC_and_IA_final_28Sep2020.pdf - Date: 2020-09-28
... ........................................................ 14 3 MEMORANDUM OF UNDERSTANDING (“MoU”) BETWEEN: Securities and Futures Commission (the “SFC”) AND: Insurance Authority (the “IA”) 1 INTRODUCTION 1.1 This Memorandum of Understanding: (a) replaces the MoU signed on 20th December 2005 between the SFC and the IA (which is superseded), and reflects the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/MOU_between_SFC_and_IA_final_28Sep2020.pdf - Date: 2021-11-01
... ........................................................ 14 3 MEMORANDUM OF UNDERSTANDING (“MoU”) BETWEEN: Securities and Futures Commission (the “SFC”) AND: Insurance Authority (the “IA”) 1 INTRODUCTION 1.1 This Memorandum of Understanding: (a) replaces the MoU signed on 20th December 2005 between the SFC and the IA (which is superseded), and reflects the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/MOU_between_SFC_and_IA_final_28Sep2020.pdf - Date: 2021-09-01
... Circulars on Regulatory Matters 2017 Date Subject 24 November 2017 Guideline on "Fit and Proper" Criteria under the Insurance Ordinance (Cap. 41...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2017.html - Date: 2018-01-12
... Asian Financial Forum (AFF)1, where industry leaders and experts shared insights on the changing risk appetite of businesses, and how the industry could turn these challenges into opportunities through innovations. “Hong Kong has an extremely resilient insurance market and one of the...
https://www.ia.org.hk/english/infocenter/press_releases/20230111_1.html - Date: 2023-01-11