... policy holders, irrespective of his/her race. The IA has taken / planned to take the following measures to promote racial equality: A. Dealing with Members of the Public Service Concerned • To ensure racial equality in handling complaints and enquiries. Existing Measures • All complaints and enquiries...

... December 2023) presenting statistics on complaints received in the first three quarters of 2023, providing insurance practitioners with guidance on regulatory matters and highlighting topical issues for policy holders. Continuing Professional Development (CPD) Completing a minimum...

... commencement age and annuity (income) payment period, to obtain the results. Alternatively, you could click and download “The Full QDAP List” to have a complete list of QDAPs with specified product information for better shaping your retirement while enjoying tax deduction if eligible....

... policy using premium financing. Your licensed insurance intermediary should fully explain to you the implications and associated risks involved in the use of premium financing to pay for the premium of a life insurance policy. If you do not understand any of the following paragraphs or the advice or...

... 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...

... played a positive role in promoting the prosperous development of and achieving mutual benefits for the reinsurance markets in both the Mainland and Hong Kong. Mr Clement Cheung, Chief Executive Officer of the Insurance Authority, said, "In the past year, the preferential treatment has...

... fraudsters who purport to be insurance intermediaries of Dah Sing Insurance Company (1976) Limited (DSI), an authorized insurer in Hong Kong. The case has been reported to the Hong Kong Police Force for further investigation. Fraudsters contacted and lured the victim into purchasing a motor...

... 14 September 2018 Our Ref: INS/TEC/8/8 By email only To: Chief Executives of all authorized insurers Dear Sirs, Readiness Assessment Survey on Hong Kong Financial Reporting Standard 17 Insurance Contracts For the purpose of a better understanding on the implementation status of authorized insurers...

... non-F2F distribution methods Despite the fact that insurance market of Hong Kong is relatively mature and developed, there exists a noticeable structural imbalance in the life market towards insurance products with significant savings or investment elements and a glaring protection gap. The IA sees merit...