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⏭... Scheme products which are eligible for tax deduction in the 2019–20 assessment year. With immediate effect, insurers and intermediaries may dispense with the need to conduct a Financial Needs Analysis in the selling process of these products, provided that they have duly performed upfront...
https://www.ia.org.hk/english/infocenter/press_releases/20200221.html -
Date: 2020-02-22
... must be complied with as appropriate. Insurers currently operating VO Sandbox approved by the IA need not submit new applications to effect this extension. In addition, all in-scope TFM products can now be sold via VO Sandbox without recording, provided that upfront disclosure at the...
https://www.ia.org.hk/english/infocenter/press_releases/20220304.html -
Date: 2022-03-04
... first introduced in 1996. Under which, policy holders have the right to cancel new policies within the cooling-off period and request for a refund of the premium(s) paid. With effect from 1 February 2010, the cooling-off period is 21 days after the delivery of the policy or issue of a notice (informing...
https://www.ia.org.hk/english/consumer/industry_practices_associated_with_the_sale_of_Insurance_policies.html -
Date: 2020-04-21
[PDF]
GL18.pdf
... any guideline that was current at the time of the conduct in question; (ii) the IA’s action or decision in previous similar cases; (iii) financial jeopardy – generally, a pecuniary penalty should not have the likely effect of putting the authorized insurer concerned in financial jeopardy so that the...
https://www.ia.org.hk/english/legislative_framework/files/GL18.pdf -
Date: 2020-09-24
... 1 Asian Financial Forum 2020 “Insurance and inclusive growth in Asia” 13 January 2020 Opening remarks by Dr Moses Cheng Chairman of the Insurance Authority Winnie1, distinguished panel members, friends and colleagues, ladies and gentlemen, good afternoon! On behalf of the Hong Kong Insurance...
https://www.ia.org.hk/english/infocenter/files/Asian_Financial_Forum_2020.pdf -
Date: 2021-12-09
... 1 Asian Financial Forum 2020 “Insurance and inclusive growth in Asia” 13 January 2020 Opening remarks by Dr Moses Cheng Chairman of the Insurance Authority Winnie1, distinguished panel members, friends and colleagues, ladies and gentlemen, good afternoon! On behalf of the Hong Kong Insurance...
https://www.ia.org.hk/english/infocenter/files/Asian_Financial_Forum_2020.pdf -
Date: 2021-09-08
... 1 Asian Financial Forum 2020 “Insurance and inclusive growth in Asia” 13 January 2020 Opening remarks by Dr Moses Cheng Chairman of the Insurance Authority Winnie1, distinguished panel members, friends and colleagues, ladies and gentlemen, good afternoon! On behalf of the Hong Kong Insurance...
https://www.ia.org.hk/english/infocenter/files/Asian_Financial_Forum_2020.pdf -
Date: 2020-06-12
... 1 Asian Financial Forum 2020 “Insurance and inclusive growth in Asia” 13 January 2020 Opening remarks by Dr Moses Cheng Chairman of the Insurance Authority Winnie1, distinguished panel members, friends and colleagues, ladies and gentlemen, good afternoon! On behalf of the Hong Kong Insurance...
https://www.ia.org.hk/english/portal_for_insurers/brief/files/Asian_Financial_Forum_2020.pdf -
Date: 2020-03-25
... Council will be issuing another Guidance Note specifying in detail their requirements for long term life insurance products. Implementation 5. This Guidance Note has been reviewed by the Insurance Authority. It will take effect from 9 May 2011. 9 May 2011 - 2 - ...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_HKFI_GN_on_Gifts_v1_9_5_2011_20190823.pdf -
Date: 2019-12-20
... spurs new service ideas and products and creates alternative distribution channels to reach out to underserved customers and those among the public still unserved. This can narrow the protection gap, while broadening financial inclusiveness,” he said. A series of panel discussions were...
https://www.ia.org.hk/english/portal_for_insurers/brief/20191210.html -
Date: 2020-12-04