... IAA leaflet_2020_v1 Table 1: Under the Insurance Ordinance, with effect from 1 January 2018, levies for insurance premiums are payable by policy holders to the Insurance Authority (IA) through their insurance companies. To reduce the impact on policy holders and to allow time for adaptation, an...
https://www.ia.org.hk/english/infocenter/files/Small_Levy_Big_Protection_EN.pdf -
Date: 2020-06-23
... Suspicious Transaction Reporting Suspicious Transaction Reporting: Overview & Statistics Alice CHAU Senior Inspector of Police JFIU Joint Financial Intelligence Unit © Hong Kong Police Force香港警務處版權所有 Important Notice All rights, including copyright, in this PowerPoint file are owned and reserved...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/Suspicious_Transaction_Reporting_2019.pdf -
Date: 2019-11-05
... 41O of Laws of Hong Kong) (“Group Capital Rules”) which the IA made under sections 95ZI and 129 of the Insurance Ordinance (Cap. 41). The Interpretation Notes set out the IA’s views as to how certain provisions of the Group Capital Rules operate for different group structures with a specific focus on...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_13042022.pdf -
Date: 2022-05-31
... relating to the Guideline on Financial Needs Analysis (GL30) issued today, which can be downloaded from the website of the Insurance Authority (“IA”). The IA issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_28082020.pdf -
Date: 2020-12-21
... authorized insurers in Hong Kong, Prudential Hong Kong Limited and Prudential General Insurance Hong Kong Limited. Both companies have confirmed that they have no connection with these social media platforms. WeChat ID WeChat Account Name...
https://www.ia.org.hk/english/infocenter/press_releases/20190621.html -
Date: 2019-06-21
... Support Services for People of Diverse Races The Insurance Authority strives to ensure that people of Hong Kong, regardless of their race, enjoy equal access to our services including complaints and enquiries. Please refer to the list below for the measures on...
https://www.ia.org.hk/english/aboutus/Support_Services_Diverse_Races.html -
Date: 2023-06-05
... Implementation Support Group (“HKIISG”), a forum for members to raise and discuss questions on implementing HKFRS 17. The Insurance Authority encourages authorized insurers to continue making use of the HKIISG and to ensure timely implementation of HKFRS 17. The letter of HKICPA to the industry on Amendments to...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_Amendments_to_Hong_Kong_Financial_Reporting_Standard_17_Insurance_Contracts.pdf -
Date: 2020-12-21
... Industry Advisory Committees The Insurance Authority ("IA") is required by law to set up two industry advisory committees (“IACs”) to advise it on matters in relation to long term business and general business respectively. Members...
https://www.ia.org.hk/english/aboutus/governance/industry_advisory_committees.html -
Date: 2023-06-26
... (Sun Life), an authorized insurer in Hong Kong, and solicit customers to purchase intellectual property insurance which is not within Sun Life’s scope of business. Sun Life has confirmed that it has no connection with such promotion activities. Anyone who has provided personal information to...
https://www.ia.org.hk/english/infocenter/press_releases/20220223_1.html -
Date: 2022-02-23
... of Form 5 or equivalent but wishes to be registered with the Insurance Agents Registration Board (“IARB”) in order to be engaged in Restricted Scope Travel Business only (the “Applicant”); and B. facilitate the identification of the registration status of insurance agents, Responsible Officers and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/6a_HKFI_CoP_for_Admin_of_Agents_6th_Edition_1_6_2004_20190823.pdf -
Date: 2019-12-20