... difficulties and took a heavy toll on the financial services sector. Throughout the past 18 months, the insurance industry has displayed tremendous resilience in the face of prolonged social distancing and rising market volatilities. The formulation of appropriate risk management strategies and business...

... difficulties and took a heavy toll on the financial services sector. Throughout the past 18 months, the insurance industry has displayed tremendous resilience in the face of prolonged social distancing and rising market volatilities. The formulation of appropriate risk management strategies and business...

... 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...

... Risk Management Centre and a Regional Insurance Hub”. This event was attended by over 400 local and overseas delegates to share insights into the opportunities and challenges ahead, with a special focus on the Belt and Road Initiative (BRI) and the Guangdong-Hong Kong-Macao Greater Bay...

... 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...

...: 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...

... this connection. Some relevant information on the eligibility criteria and sum of grants available is at Annex. Mr Clement Cheung, Chief Executive Officer of the IA, expressed confidence by saying that “The Grant Scheme and new regulatory regime catapult Hong Kong into an attractive...

... that apply to the entire policy are: A war, rebellion or coup; Specific sports (e.g. motor racing) and professional sports or any activities where the insured person would or could earn income or remuneration from engaging in such activities; trekking at an altitude greater...

... 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...