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⏭... conclusions on two sets of rules for implementation of the new statutory regulatory regime for insurance intermediaries. The first set of rules, the Insurance (Maximum Number of Authorized Insurers) Rules, stipulate a cap on the number of insurers which a licensed individual insurance agent or...
https://www.ia.org.hk/english/infocenter/press_releases/20190429.html -
Date: 2019-04-29
... worthwhile learning more about the different features of both group medical insurance and individual medical insurance - including the coverage, benefit limits, deductible options and premium levels - so you can assess your needs for taking out an individual medical insurance policy and choose a plan that...
https://www.ia.org.hk/english/medical_insurance/index.html -
Date: 2024-01-18
... with the free market principle, VHIS Providers are free to set their own premium levels. By common market practice, Certified Plans may charge standard premiums that differ by age and gender, and adjust the overall premium level annually according to factors like medical inflation and revisions of...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P2_SN_eng_2018_2019update_file6.pdf -
Date: 2019-12-02
... 2017 2018 Percentage of Premium contributed by MCV Premiums (HKD billion) Mainland China Visitors Premium contributed by MCV (RHS) Market Overview Long Term Business – Mainland Chinese Visitors 4.0% 39.2% 29.3% Implementation of GL16* * Previous known as Guidance Note on Underwriting Long Term...
https://www.ia.org.hk/english/infocenter/files/20191011_VTC_Summit_2019.pdf -
Date: 2021-12-09
... 2017 2018 Percentage of Premium contributed by MCV Premiums (HKD billion) Mainland China Visitors Premium contributed by MCV (RHS) Market Overview Long Term Business – Mainland Chinese Visitors 4.0% 39.2% 29.3% Implementation of GL16* * Previous known as Guidance Note on Underwriting Long Term...
https://www.ia.org.hk/english/infocenter/files/20191011_VTC_Summit_2019.pdf -
Date: 2021-09-08
... 2017 2018 Percentage of Premium contributed by MCV Premiums (HKD billion) Mainland China Visitors Premium contributed by MCV (RHS) Market Overview Long Term Business – Mainland Chinese Visitors 4.0% 39.2% 29.3% Implementation of GL16* * Previous known as Guidance Note on Underwriting Long Term...
https://www.ia.org.hk/english/infocenter/files/20191011_VTC_Summit_2019.pdf -
Date: 2020-06-12
... customers have taken up the top-up option. Q2 Referring to paragraph 4.2 of the Guideline, please clarify if there is any minimum requirement to classify a product as having refundable feature. For example, does a product refunding 30% (or even smaller) of total premium paid fall into the scope? 2 A2...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL28.pdf -
Date: 2020-09-24
... customers have taken up the top-up option. Q2 Referring to paragraph 4.2 of the Guideline, please clarify if there is any minimum requirement to classify a product as having refundable feature. For example, does a product refunding 30% (or even smaller) of total premium paid fall into the scope? 2 A2...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL28.pdf -
Date: 2020-12-21
... reinsurers when they consider ceding business offshore. Hong Kong is also an ideal location for Mainland companies, and especially state-owned enterprises (“SoEs”), to set up captive insurers. Having a captive insurer in Hong Kong can help a Mainland group pool the risks among its subsidiaries and associates...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2017_18_English.pdf -
Date: 2021-12-14
... reinsurers when they consider ceding business offshore. Hong Kong is also an ideal location for Mainland companies, and especially state-owned enterprises (“SoEs”), to set up captive insurers. Having a captive insurer in Hong Kong can help a Mainland group pool the risks among its subsidiaries and associates...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2017_18_English.pdf -
Date: 2022-05-24