... certain policies exempt from the levy by law , policy holders of all new or in-force life insurance policies and general insurance policies (such as travel, motor, property and household insurance) must pay the levy along with their premium payment. Levy rates and cap To reduce the impact on policy...

...: Under section 64P of the IO, a licensed insurance intermediary must notify the IA in writing of any change of particulars (i.e. name, business address, telephone number or email address) within 14 days after the date on which the change takes place. For change of name and business...

... fulfillment ratio of similar products offered by the same insurer. To learn more about the types and caculation of fulfillment ratio, visit the Fulfillment Ratio webapge on this website. 5. Pay attention to the surrender value The QDAP is a long-term insurance product....

... and guidance on reporting suspected fraud, misconduct, malpractice or irregularity within the IA.  Activities or behaviours covered under this Policy include but not limited to the following: Criminal offences and unlawful acts (e.g. corruption, theft, fraud, forgery, bribery and...

... detailed data on non-Hong Kong insurance business written by authorized insurers in 2018. According to this information, GWP for non-Hong Kong RI business recorded growth of 22.0%2 to HK$27,173 million in 2019. Non-Hong Kong RI premium growth was mainly driven by the increase in Accident & Health and...

... their personal bank accounts for premium settlement. After payment of premiums, you should ask for a receipt. 5. Don’t blindly rely on the licensed insurance intermediaries. You should personally check the policy details and enquire of the insurer concerned should you have any doubts. 6 Complaints If...

... their personal bank accounts for premium settlement. After payment of premiums, you should ask for a receipt. 5. Don’t blindly rely on the licensed insurance intermediaries. You should personally check the policy details and enquire of the insurer concerned should you have any doubts. 6 Complaints If...

... September 2019. Based on our experience in the past 12 months, we thought it helpful to draw your attention to certain requirements of the new regime applicable to licensed insurance broker companies, which may benefit from improved awareness and observance. A number of these requirements, if contravened...

... Quarterly Release of Provisional Statistics for General Business The Insurance Authority took the initiative to collect and issue quarterly provisional statistics on the Hong Kong insurance market after consultation with the insurance industry. Such statistics...

... Quarterly Release of Provisional Statistics for Long Term Business The Insurance Authority took the initiative to collect and issue quarterly provisional statistics on the Hong Kong insurance market after consultation with the insurance industry. Such statistics...