... of over 300 in a year’s time. We are setting up a direct licensing regime of insurance intermediaries with a view to taking over the regulatory functions from the three Self-Regulatory Organisations in mid-2019. More importantly, the IA has also taken up the new role, the double responsibility in...
https://www.ia.org.hk/english/infocenter/files/AFIR_speech_Jun_2018.pdf -
Date: 2020-06-12
... non-guaranteed benefits can happen concurrently with a rise in borrowing cost, and the policy holder may face an even greater loss from this double whammy. Illustrative Example 2 below demonstrates the impact of non-guaranteed benefits on a premium financing arrangement....
https://www.ia.org.hk/english/premium_financing/pros_and_cons.html -
Date: 2024-01-18
... insurance intermediaries, Fintech may lower the distribution and cost of insurers and the client may get a lower-priced insurance policy. On the other hand, what if the algorithm is not ethically set but is designed to over-charge the policyholders. Data analytics is a double-edged sword. It could make...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161118_HKSIBEF2016.pdf -
Date: 2021-12-09
... insurance intermediaries, Fintech may lower the distribution and cost of insurers and the client may get a lower-priced insurance policy. On the other hand, what if the algorithm is not ethically set but is designed to over-charge the policyholders. Data analytics is a double-edged sword. It could make...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161118_HKSIBEF2016.pdf -
Date: 2021-09-08
... insurance intermediaries, Fintech may lower the distribution and cost of insurers and the client may get a lower-priced insurance policy. On the other hand, what if the algorithm is not ethically set but is designed to over-charge the policyholders. Data analytics is a double-edged sword. It could make...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161118_HKSIBEF2016.pdf -
Date: 2020-06-12
... KONG MAINLAND MACAO A maximum penalty of a fine of HKD 10,000, imprisonment for 12 months and disqualification from holding a driving license for 12 months to 3 years. A fine of double the insurance premium and detainment of the vehicle concerned. A fine of MOP 3,000 RELEVANT PENALTIES Tips for Buying...
https://www.ia.org.hk/english/infocenter/files/HZMB_Leaflet_EN_Final.pdf -
Date: 2021-12-14
... downloaded (e.g: (5) Renewal Application E-portal Status Report). • Click “Download” to download the report and then click “Save” to save the zip file. 19 • Open the zip file and double click the report to open. • Enter the “Password for Document Download” which can be found in e- portal Supervior Account....
https://www.ia.org.hk/english/infocenter/forms/files/IIC_User_Guide_Renewal_principal_May_2022.pdf -
Date: 2022-05-31
... KONG MAINLAND MACAO A maximum penalty of a fine of HKD 10,000, imprisonment for 12 months and disqualification from holding a driving license for 12 months to 3 years. A fine of double the insurance premium and detainment of the vehicle concerned. A fine of MOP 3,000 RELEVANT PENALTIES Tips for Buying...
https://www.ia.org.hk/english/infocenter/files/HZMB_Leaflet_EN_Final.pdf -
Date: 2022-05-24
... KONG MAINLAND MACAO A maximum penalty of a fine of HKD 10,000, imprisonment for 12 months and disqualification from holding a driving license for 12 months to 3 years. A fine of double the insurance premium and detainment of the vehicle concerned. A fine of MOP 3,000 RELEVANT PENALTIES Tips for Buying...
https://www.ia.org.hk/english/infocenter/files/HZMB_Leaflet_EN_Final.pdf -
Date: 2020-06-23