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⏭... appointment as a new Non-Executive Director (NED) of the IA and the seven incumbent NEDs on their reappointments: Mr Samuel Chan Ka-yan, Professor Chan Wai-sum, Ms Chitty Cheung Fung-ting, Mr Kenneth Kwok Tsun-wa, Mr Ma Ho-fai, Mr James Wong Chien-kuo and Mr Stephen Yiu Kin-wah. Established in...
https://www.ia.org.hk/english/infocenter/press_releases/20181221.html -
Date: 2018-12-21
[HTML]
Insurance Authority bans Ma Chun Kei for 4.5 years for fabricating a certificate of insurance
... 2022, Mr Ma assisted a client to purchase professional liability and employees’ compensation insurance covering the client’s role as a contractor on an interior renovation project for a period of 4 months commencing 13 January 2022. Mr Ma obtained a quotation from an insurer for the...
https://www.ia.org.hk/english/infocenter/press_releases/20240111.html -
Date: 2024-01-11
... Visitors Annual nominal growth rate (RHS) (Include Mainland China Visitors) Annual nominal growth rate (RHS) (Exclude Mainland China Visitors) Include Mainland China Visitors: CAGR = 9.6% (6.2% in real term) Exclude Mainland China Visitors: CAGR = 6.3% (3.0% in real term) Market Overview Long Term Business...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_Mr_Clement_Cheung.pdf -
Date: 2021-12-09
... Visitors Annual nominal growth rate (RHS) (Include Mainland China Visitors) Annual nominal growth rate (RHS) (Exclude Mainland China Visitors) Include Mainland China Visitors: CAGR = 9.6% (6.2% in real term) Exclude Mainland China Visitors: CAGR = 6.3% (3.0% in real term) Market Overview Long Term Business...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_Mr_Clement_Cheung.pdf -
Date: 2021-09-08
... Visitors Annual nominal growth rate (RHS) (Include Mainland China Visitors) Annual nominal growth rate (RHS) (Exclude Mainland China Visitors) Include Mainland China Visitors: CAGR = 9.6% (6.2% in real term) Exclude Mainland China Visitors: CAGR = 6.3% (3.0% in real term) Market Overview Long Term Business...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_Mr_Clement_Cheung.pdf -
Date: 2020-06-12
[PDF]
Q&A-gn16.pdf
... practice, however, insurers are encouraged to conduct FNA even for those excluded products. II. Section 5 – Product Design Q 2. Section 5.3 requires insurers to monitor the products after launch to ensure that they continue to meet the needs of the target customers. Does this requirement apply to products...
https://www.ia.org.hk/english/legislative_framework/files/Q&A-gn16.pdf -
Date: 2020-09-24
[PDF]
GL16.pdf
... the Appointed Actuary………………………..……………… 2 5. Product Design..………………………………………….. 3 6. Provision of Adequate and Clear Information…………… 4 7. Suitability Assessment…………………………………… 6 8. Advice to Customers……………………………………... 8 9. Appropriate Remuneration Structure…………………….. 8 10. Ongoing Monitoring...
https://www.ia.org.hk/english/legislative_framework/files/GL16.pdf -
Date: 2020-09-24
... if applicable the risk profile, have been followed satisfactorily. 3. Usually insurance brokers should first know the clients, then source from the market and recommend the insurance products that suit the needs of clients, that Members should develop, design and use their own forms or instruments to...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/3_CIB_GN4_on_Cond_KYC_Incl_LLT_Ins_v3_18_12_2014_eg19.pdf -
Date: 2019-12-20
... Asian Insurance Forum 2023 to put forward suggestions to enhance financial resilience 3 December 2023 The Asian Insurance Forum (AIF), the annual flagship event of the Insurance Authority (IA), will be held this coming Friday (8 December 2023...
https://www.ia.org.hk/english/infocenter/speeches_articles/20231203.html -
Date: 2023-12-03
[PDF]
GL15.pdf
... 5. Product Design..…………………………………….……. 3 6. Provision of Adequate and Clear Information……………. 4 7. Suitability Assessment…..………………………………... 5 8. Advice to Clients…………………………………………. 7 9. Appropriate Remuneration Structure………………….…. 7 10. Avoidance of Conflict of Interests………………….……. 8 11. Clients...
https://www.ia.org.hk/english/legislative_framework/files/GL15.pdf -
Date: 2020-09-24