... is proposed to set the assessment period as a period from 1 August of a year to 31 July of the following year. 3 Responsible officers are individuals referred to in the new sections 64ZE and 64ZF of the Insurance Ordinance (Cap. 41) (“IO”). 4 Under the current self-regulatory regime for insurance...
https://www.ia.org.hk/english/infocenter/files/Conclusions_Paper_Eng_final.pdf -
Date: 2019-09-03
... Illustrations for Long Term Insurance Policies (Guideline 28), (v) Guideline on Cooling-off Period (Guideline 29) and (vi) Guideline on Financial Needs Analysis (Guideline 30) 13 September 2019 G.N.5698 of 2019 Notice under section 95(1) of the...
https://www.ia.org.hk/english/legislative_framework/overview/gazette_notices.html -
Date: 2023-11-01
... representative of an insurance agency (i.e. the bank) acting on behalf of an insurer and did not explain that the savings plan was a long term insurance policy. The technical representative had further failed to deliver the policy to the policyholder within the cooling-off period, resulting in the policyholder...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/text-ilens14.pdf -
Date: 2020-09-28
... representative of an insurance agency (i.e. the bank) acting on behalf of an insurer and did not explain that the savings plan was a long term insurance policy. The technical representative had further failed to deliver the policy to the policyholder within the cooling-off period, resulting in the policyholder...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/text-ilens14.pdf -
Date: 2021-11-01
... representative of an insurance agency (i.e. the bank) acting on behalf of an insurer and did not explain that the savings plan was a long term insurance policy. The technical representative had further failed to deliver the policy to the policyholder within the cooling-off period, resulting in the policyholder...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/text-ilens14.pdf -
Date: 2021-09-01
... representative of an insurance agency (i.e. the bank) acting on behalf of an insurer and did not explain that the savings plan was a long term insurance policy. The technical representative had further failed to deliver the policy to the policyholder within the cooling-off period, resulting in the policyholder...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/text-ilens14.pdf -
Date: 2020-06-19
... purchase the insurance product. The authorized insurers and the licensed insurance intermediaries should also monitor the feedback on the marketing campaign or programme, such as customer complaints, statistics of lapsed and surrendered policies and policies cancelled within cooling-off period, and take...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL25.pdf -
Date: 2020-09-24
... purchase the insurance product. The authorized insurers and the licensed insurance intermediaries should also monitor the feedback on the marketing campaign or programme, such as customer complaints, statistics of lapsed and surrendered policies and policies cancelled within cooling-off period, and take...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL25.pdf -
Date: 2020-12-21
... possession of five years’ proven experience in insurance business in Hong Kong within the six-year period immediately before 1 January 2000 are exempted from P&P Paper as well as GI, LT and TIA Papers, as appropriate (which relates to the specific experience they have obtained); exemption from all 4 papers...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/iiqas-fs.pdf -
Date: 2019-12-02
... immediately before 1 January 2000) in possession of five years’ proven experience in insurance business in Hong Kong within the six-year period immediately before 1 January 2000 are exempted from P&P Paper as well as GI, LT and TIA Papers, as appropriate (which relates to the specific experience they have...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/IIQAS_Fact_Sheet_Eng_Jun_2017.pdf -
Date: 2019-12-02