... Number of Authorized Insurers by Class of Insurance Business A Life and annuity 36 34 70 B Marriage and birth 1 4 5 C Linked long term 18 28 46 D Permanent health 21 22 43 E Tontines 1 3 4 F Capital redemption 1 4 5 G Retirement scheme management category I 9 11 20 H Retirement scheme management...

...”). The IA issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of the Guideline after consultation with the key stakeholders. The Interpretation Notes are prepared in the form of Frequently Asked Questions to...

... and Development, Insurance Authority Download   Topic: The "Fast Track" Speaker: Ms Carol Hui, Executive Director, Long Term Business, Insurance Authority Download   Topic: Fast Track for Authorization...

... statutory conduct requirements when they engage in conducting sales and marketing activities and giving advice in relation to MPF schemes. The MPFA has issued the Guidelines on Conduct Requirements for Registered Intermediaries to assist the registered MPF intermediaries in understanding how to comply with...

... Audited statistics of Hong Kong insurance industry in 2022 29 September 2023 The Insurance Authority (IA) released the Hong Kong insurance business statistics for 2022 today (29 September 2023), making reference to audited returns and actuarial data...

... Continuing Professional Development (“CPD”) Requirements - CPD Compliance Reporting for Combined Assessment Periods 2019/20 and 2020/21 Detailed instructions for reporting by principals to the Insurance Authority (“IA”) 7 July 2021 Our Ref: MC/CPD/CIR By email only To: Chief Executives of all...

... Continuing Professional Development (“CPD”) Requirements - CPD Compliance Reporting for Combined Assessment Periods 2019/20 and 2020/21 Detailed instructions for reporting by principals to the Insurance Authority (“IA”) 7 July 2021 Our Ref: MC/CPD/CIR By email only To: Chief Executives of all...

... on Hong Kong Financial Reporting Standard 17 (“HKFRS 17”), we would like to enlist your support for and participation in a survey on HKFRS 17. The objective of this survey is to understand the readiness of the industry and the challenges that the industry faces in implementing HKFRS 17, which will be...

... may take note of the following and act accordingly whilst dealing with advising and selling of life insurance products to Japanese nationals. 1. According to Article 186 of the Insurance Business Act (“the Act”) of Japan, a foreign insurer without a branch office in Japan is prohibited from concluding...

... 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...