...; Enter keywords   Name of Insurer Website link on fulfillment ratio disclosure Frequency and Timing of Updates   The IA shall not be responsible...

... The Market As at 30 September 2023, there were 163 authorized insurers in Hong Kong, of which 88 were pure general insurers, 53 were pure long term insurers, 19 were composite insurers and 3 were special purpose insurers. As at 30 September 2023, there...

... Insurance Authority – Briefing Session on 21 July 2017 31 July 2017 1 Bullet points of major principles/concepts for premium levy collection:  Deduct levy (together with premium) by auto-pay  Need policy holder consent, e.g. notify policy holder of the “default option” and allow opt out in...

... Explanatory Note on “Regulated Activity” under the Insurance Ordinance (Cap. 41) 12 October 2021 Our Ref: MC/INT/5 By Email To: Chief Executives of all Authorized Insurers, Responsible Officers of all Licensed Insurance Broker Companies and Responsible Officers of all Licensed Insurance Agencies...

... in Hong Kong and has been handling complaints in relation to intermediaries directly since that date. Prior to this, insurance intermediaries were regulated by the former Self-Regulatory Organizations (i.e. Insurance Agents Registration Board, The Hong Kong Confederation of Insurance Brokers and...

... General Business# and Long Term Business (excluding Linked Long Term Business) 18,706 General Business# and Long Term Business (including Linked Long Term Business) 41,785 Restricted Scope Travel...

... implementation of Hong Kong Financial Reporting Standard 17 (“HKFRS 17”). In September 2018, we conducted a Readiness Assessment Survey to understand the preparation status of authorized insurers and their challenges in implementing the standard1. We have received positive feedback on the initiative and also...

... office premiums for Other business (mainly Permanent Health business) increased by 4.3% to HK$1,608 million. Office premiums for new Individual Life business increased by 0.4% to HK$151,180 million in 2019, including HK$139,421 million from Individual Life (Non-Linked) business and HK$11,759 million from...

...;Regulation") Further to my letter of 5 November 2002, I write to inform you that a new consolidated list of names designated by the relevant United Nations Security Council Committee was published in the Gazette (G.N. 7085 and G.N. 7291) on 8 November 2002 and 15 November 2002 in accordance...

... Security Council Committee was published in the Gazette (G.N. 424 and G.N. 425) on 16 January 2004 in accordance with the Ordinance and the Regulation respectively. The new list is available on the Government website (https://www.ia.org.hk/) under Gazette: Government Notice published on 16 January 2004. To...