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⏭... Assessment Framework with CBIRC allowing Mainland insurers who cede businesses to qualified local professional reinsurers to enjoy lower capital requirements • First captive authorization under IA P&I and Legislative Development • SASAC Engagement • Legislative Development on o Tax Relief – Marine...
https://www.ia.org.hk/english/infocenter/files/ASHK_4th_General_Insurance_Virtual_Seminar.pdf -
Date: 2021-09-08
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How to choose a QDAP
... the payout amount will gradually increase over the whole annuity period. On the other hand, the length of premium payment period may affect the accumulation period. For example, some products are designed for the minimum issue age of 18, a five-year premium payment period, annuitisation at...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/how_to_choose.html -
Date: 2024-01-19
... continue to adhere strictly to the principle of fair treatment of customers. The measures will last until end of the current tax assessment year, which falls on 31 March 2020. “The insurance industry is facing daunting challenges amidst the novel coronavirus outbreak. Against this backdrop...
https://www.ia.org.hk/english/infocenter/press_releases/20200221.html -
Date: 2020-02-22
... GL32 Module C Interpretation Notes Interpretation Notes for Module C of the Guideline on Group Supervision (“GL32”) Contents Introduction ........................................................................................................... 2 Example 1: Supervised group member holds shares in...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL32_Module_C_Interpretation_Notes.pdf -
Date: 2022-05-31
... the Notes on Application and complete all items in BLOCK LETTERS. All amendments must be signed by Applicant. † Licence Applied ☐ Individual Insurance Agent Licence ☐ Technical Representative (Agent) Licence ☐ Technical Representative (Broker) Licence I. Particulars of Applicant Name in English Name...
https://www.ia.org.hk/english/infocenter/forms/files/Form_A1_IndividualLicenceApplication_IndividualInsuranceAgentTR_A_TR_B.pdf -
Date: 2019-09-22
... An employer who fails to comply with the Ordinance to secure an ECI cover: commits an offence and is liable on conviction to a maximum is liable to pay a surcharge to the Employees Compensation Assistance Fund Board according to section 36A of the is still liable to pay the compensation under the...
https://www.ia.org.hk/english/infocenter/files/Know_more_about_taking_out_ECI_eng_final_Sep_2018.pdf -
Date: 2021-12-14
..., the insurer may reject claims on the ground of non-disclosure or misrepresentation of material facts, whether or not the facts relate to the illness that generated the claim. Apply Early An applicant’s age, habits of smoking or heavy drinking, health condition and medical history are all important...
https://www.ia.org.hk/english/infocenter/files/Medical_insurance_applying_for_insurance_en.pdf -
Date: 2021-12-14
... from the industry, local and overseas. Our target is to hire about 130 regulatory officers in the first stage with a view to taking over the regulatory functions of OCI early next year. - 2 - 4. As I have said on many occasions, regulation is an art of balancing. It is about setting the appropriate...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161103_CIBreception2016.pdf -
Date: 2021-12-09
... from the industry, local and overseas. Our target is to hire about 130 regulatory officers in the first stage with a view to taking over the regulatory functions of OCI early next year. - 2 - 4. As I have said on many occasions, regulation is an art of balancing. It is about setting the appropriate...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161103_CIBreception2016.pdf -
Date: 2021-09-08