... insurance agent who then serviced the policyholder for a number of years. Eventually, however, the insurance agent left the insurer. The insurer assigned a new insurance agent to service the policyholder. The new agent, however, never once contacted the policyholder. When the insurer offered the opportunity...
https://www.ia.org.hk/english/infocenter/files/ENG_CIF_3.pdf -
Date: 2021-12-14
... insurance agent who then serviced the policyholder for a number of years. Eventually, however, the insurance agent left the insurer. The insurer assigned a new insurance agent to service the policyholder. The new agent, however, never once contacted the policyholder. When the insurer offered the opportunity...
https://www.ia.org.hk/english/infocenter/files/ENG_CIF_3.pdf -
Date: 2022-05-24
... occupation concurrently with the practice of insurance broking shall not allow such outside interest to jeopardize his integrity, independence or competence. (g) Members shall not charge or accept any fee that is disproportionate to the service rendered to a client. (h) Members shall uphold the institute of...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/6_PIBA_Membership_Regulations_v6_1_2_2015_eg19.pdf -
Date: 2019-12-20
... via an official digital platform (such as a mobile app). If your insurance application is successful, the insurer will issue an electronic policy with your electronic signature or send the original policy to you by post. The intermediary will also continue to provide personal after-sales service to...
https://www.ia.org.hk/english/infocenter/files/Digital_onboarding_2_en.pdf -
Date: 2021-12-14
... via an official digital platform (such as a mobile app). If your insurance application is successful, the insurer will issue an electronic policy with your electronic signature or send the original policy to you by post. The intermediary will also continue to provide personal after-sales service to...
https://www.ia.org.hk/english/digital_onboarding/files/Digital_onboarding_2_en.pdf -
Date: 2022-03-15
... service to you, including answering any related enquiries, and helping with insurance claims, renewals, changes of information, etc. 2 After taking out an insurance policy Application process for virtual onboarding via video conference Before taking out an insurance policy Don’ts Dos and don’ts of virtual...
https://www.ia.org.hk/english/infocenter/files/Digital_onboarding_2_en.pdf -
Date: 2022-05-24
... agreement whether as a broker service agreement, brokers terms of business agreement or similar and where such agreement has been signed by the client and sets out clearly therein the express levels of fee or brokerage remuneration to be received by the Member then the provisions of B and C below are deemed...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/7a_CIB_Membership_Regulations_v7_17_10_2012_eg19.pdf -
Date: 2019-12-20
... Report. 6 Annex 2 - Examples of risks not included in Pillar 1 The following is a list of examples of the insurance risks that are not covered in the Pillar 1 RBC Requirements. Insurance risks • Event hitting multiple lines of business (e.g. property and inland transit) • Event hitting multiple risks from...
https://www.ia.org.hk/english/legislative_framework/files/GL21_GI_SST_20200113.pdf -
Date: 2020-09-24
... -180,000 -180,000 PCR Solvency Ratio -20% -10% 8% 7% General business insurers are expected to add commentary as outlined in Section V. 4 Valuation date of the ORSA Report. 6 Annex 2 - Examples of risks not included in Pillar 1 The following is a list of examples of the insurance risks that are not...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf -
Date: 2020-06-15
... -180,000 -180,000 PCR Solvency Ratio -20% -10% 8% 7% General business insurers are expected to add commentary as outlined in Section V. 4 Valuation date of the ORSA Report. 6 Annex 2 - Examples of risks not included in Pillar 1 The following is a list of examples of the insurance risks that are not...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf -
Date: 2020-12-21