... been actively promoting Insurtech development in Hong Kong and is committed to building a regulatory environment conducive to the application of innovative technology in the insurance sector: 1. Initiatives to promote Insurtech The IA launched two pilot initiatives, Insurtech...

... framework which protect policyholder interests, are underpinned by the deterrence of proportionate enforcement action if breached. During the financial year from 1 April 2022 to 31 March 2023, the IA took 13 disciplinary actions against current and former insurance intermediaries in relation to...

... developing a roadmap1 on the appropriate adoption of the IFRS Sustainability Disclosure Standards. The roadmap will comprise four key areas — sustainability reporting, assurance, data and technology, and capacity building. The working group will start engaging with stakeholders to identify Hong Kong-specific...

... † Please tick the appropriate box. Version: June 2021 1 Form S6 Supplemental Form Information on Director/Controller (Body Corporate) This Form is to be completed for each director/controller1 of a licensed insurance agency, a licensed insurance broker company or an applicant for an insurance...

... Overview of Disciplinary Process Insurance Authority October 2020 1 Introduction The principal function of the Insurance Authority (“IA”), as stipulated under the Insurance Ordinance (Cap. 41)1 (“IO”), is to regulate and supervise the insurance industry for the promotion of the general stability...

... † Please tick the appropriate box. Version: June 2021 1 Form S6 Supplemental Form Information on Director/Controller (Body Corporate) This Form is to be completed for each director/controller1 of a licensed insurance agency, a licensed insurance broker company or an applicant for an insurance...

... Overview of Disciplinary Process Insurance Authority September 2019 1 Introduction The principal function of the Insurance Authority (“IA”), as stipulated under the Insurance Ordinance (Cap. 41)1 (“IO”), is to regulate and supervise the insurance industry for the promotion of the general stability...