... Issue – August 2017 Page 1 Note 2.0 INSURANCE AUTHORITY Note on Annual Authorization Fee INTRODUCTION Section 13 of the Insurance Ordinance (Cap. 41) provides that every authorized insurer must pay the prescribed fees to the Insurance Authority (the “Authority”) not later than the date on which it...
https://www.ia.org.hk/english/aboutus/role/files/Note_on_annual_authorization_fee.pdf -
Date: 2021-09-13
.../publications/high-risk-and-other-monitored-jurisdictions/documents/public-statement-october-2019.html - 2 - You should give special attention to business relationships and transactions with the DPRK, including DPRK companies, financial institutions and those acting on their behalf, and subject them to...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/CEv2_20191108.pdf -
Date: 2019-12-24
... date on which it is authorized; and annually upon the anniversary of such date (hereinafter referred to as “payment due date”). The Insurance (Authorization and Annual Fees) Regulation1 (Cap. 41C) (“the Regulation”) sets out the prescribed fees. 2. With effect from 26 June 2017 [save any unforeseen...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/letter_and_note_to_insurers_20170421.pdf -
Date: 2018-01-12
... Code of Practice for the Administration of Insurance Agents 《保險代理管理守則》 Other Codes/Guidelines 其他守則/指引 1. Effecting policy without authority 未經授權為客戶投購保險 5 years 五年 (6th) 71/75 & 49(d) (7th) 74/78 & 58(g) 2. Mishandling of clients’ premium or monies 不當處理客戶保費或款項 5 years 五年 (6th) 71/75 & 49(d) Guidance...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_IARB_Guidelines_on_Disciplinary_Actions_v2_2_6_2015_20190823.pdf -
Date: 2019-12-20
... this Guidance Note on Annual Certification for Adequate Professional Indemnity Insurance. Background CIB Membership Regulation 5.2 requires our Members to maintain Professional Indemnity Insurance (“PII”) with a minimum limit of indemnity determined with reference to their insurance brokerage income...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_GN_on_An_Cert_for_Prof_Ind_v2_10_6_2009_eg19.pdf -
Date: 2019-12-20
..., suggests that this would lie with the 30% of insurance agencies which are already appointed by four insurers. These agencies, however, are only approximately 700 in number, a minority when viewed in the context of the overall agency market (about 70,000 individual agents, 2,300 insurance agencies and 23...
https://www.ia.org.hk/english/infocenter/files/final_Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-03
..., suggests that this would lie with the 30% of insurance agencies which are already appointed by four insurers. These agencies, however, are only approximately 700 in number, a minority when viewed in the context of the overall agency market (about 70,000 individual agents, 2,300 insurance agencies and 23...
https://www.ia.org.hk/english/infocenter/files/Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-03
..., suggests that this would lie with the 30% of insurance agencies which are already appointed by four insurers. These agencies, however, are only approximately 700 in number, a minority when viewed in the context of the overall agency market (about 70,000 individual agents, 2,300 insurance agencies and 23...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/final_Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-10