... There are now 18 Hong Kong insurers1, which account for 84% of the motor insurance market share, providing URP products. Insurers have also been looking for ways to improve their application processes, including introduction of e-portals which provide the car owners with greater convenience...

... Risk-based Capital Framework for Insurance Industry of Hong Kong Risk-based Capital Framework for Insurance Industry of Hong Kong Frequently Asked Questions Q1 What are the differences between a risk-based capital (RBC) framework and the existing rule-based regime? A1 Currently, the Insurance...

... General Circular 36/04 -1 - CIB-GN(6) (Issued on 15 October 2007) (Revised on 15 March 2012) Guidance Note on Documentary Proof of Educational Attainment for Registration’s Purpose According to Membership Regulation 3.5, the General Committee is issuing this Guidance Note on Documentary Proof of...

... Insurance Authority c.c. The Hong Kong Federation of Insurers Professional Insurance Brokers Association The Hong Kong Confederation of Insurance Brokers 1 Frequently Asked Questions on the Penalty Framework for Non-compliance with Continuing Professional Development (“CPD”) Requirements (“CPD Penalty...

... 1 Langkah yang ada dan yang direncanakan mengenai promosi kesetaraan ras. Otoritas Asuransi Fungsi utama dari Otoritas Asuransi ("IA") adalah untuk mengatur dan mengawasi industri asuransi untuk mempromosikan kestabilitasan umum industri asuransi dan melindungi pemegang polis yang ada dan calon...

... Insurance Authority introduces new initiatives to facilitate Insurtech in Hong Kong 29 September 2017 The Insurance Authority (IA) today (29 September 2017) launched two pilot initiatives, namely Insurtech1 Sandbox and Fast Track, to promote the...

... Self-Regulatory Organizations (SROs)1 and be responsible for all aspects of the regulation of insurance intermediaries in Hong Kong, including granting licences, conducting inspections and investigations, and imposing disciplinary sanctions where applicable. “This exercise is a monumental phase of...

... Insurance Authority starts direct regulation of insurance intermediaries 23 September 2019 Starting from today (23 September 2019), the Insurance Authority (IA) will take over from the three Self-Regulatory Organisations (SROs)1 the responsibility...

... The membership list of the DPP is available on the IA website. “In developing the disciplinary mechanism under the new direct regulatory regime for insurance intermediaries1, our aim has been to implement a process that is fair, efficient and robust,” said Mr Peter Gregoire, Head...

... achievements made during the reporting period include taking over responsibility from the three former Self-Regulatory Organisations1 , engaging the industry in finalising the Risk-based Capital Regime, devising a group-wide supervisory framework, introducing measures to enhance competitiveness of Hong Kong as...