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⏭... consultations, as appropriate, on mutually agreeable approaches designed to enhance the integrity and efficiency of their respective insurance markets and the exercise of insurance market supervisory functions. 5. This Memorandum does not modify or supersede any laws, regulations and requirements, nor does it...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/MoU_between_IA_and_OIC_12_December_2018.pdf -
Date: 2020-06-19
... information on your qualification including the relevant discipline, name and country of institution and/or exemption.) Qualification Exemption ☐ Please tick this box if the proposed RO is exempted from the criteria under paragraph 5.5 of the Guideline on “Fit and Proper” Criteria for Licensed Insurance...
https://www.ia.org.hk/english/infocenter/forms/files/FormA3ResponsibleOfficerApplication.pdf -
Date: 2019-09-22
... examined. MPG refers to the difference between the actual protection needs and financial resources available. The larger the mortality protection gap, the more dependent(s) would be unable to maintain the same living standard using the financial resources on hand. ...
https://www.ia.org.hk/english/infocenter/files/Mortality_Gap_Report_Synopsis_eng.pdf -
Date: 2021-12-14
... Future Task Force of the Insurance Industry Virtual Meeting of the Working Group on Embracing Fintech in Hong Kong 12 October 2020 Theme: Weathering the Impact of COVID-19 with Technologies Time Duration Programme 10:15-10:20 5 mins Welcome remarks Dr Moses Cheng, Chairman, Insurance Authority (IA...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Programme_rundown_Oct_2020.pdf -
Date: 2020-10-12
... examined. MPG refers to the difference between the actual protection needs and financial resources available. The larger the mortality protection gap, the more dependent(s) would be unable to maintain the same living standard using the financial resources on hand. ...
https://www.ia.org.hk/english/infocenter/files/Mortality_Gap_Report_Synopsis_eng.pdf -
Date: 2022-05-24
... of funds or taking additional measures to mitigate the risk of money laundering or terrorist financing. Guideline 3 on Anti- Money Laundering and Counter-Terrorist financing2 (“Guideline 3”) issued by the IA pursuant to section 7 of AMLO required a financial institution to take reasonable measures to...
https://www.ia.org.hk/english/infocenter/press_releases/files/Statement_of_Disciplinary_Action_20220131.pdf -
Date: 2022-01-31
... industry for the first half of 2023, showing a decrease of total gross premiums by 1.4% to $295.7 billion over the corresponding period in 2022. (Percentage figures shown in brackets represent year-on-year changes) Long term business Total revenue premiums of in-force...
https://www.ia.org.hk/english/infocenter/press_releases/20230831.html -
Date: 2023-08-31
... for Financial Services and the Treasury Mr James Lau, Your Grace the Archbishop Dr. Paul Kwong, distinguished guests, ladies and gentlemen, Good Evening! On behalf of the Insurance Authority (IA), I would like to extend to all of you my warmest welcome to our new offices. I’d like to thank the Chief...
https://www.ia.org.hk/english/infocenter/files/Housewarming_8_Feb_Welcome_Remarks.pdf -
Date: 2021-12-09