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⏭... companies will be required to rectify any non-compliance and enhance their internal controls and procedures accordingly. Any suspected non-compliance noted will also be subject to consideration of further investigation. Understanding and communicating with the industry In order to...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/insurance_brokers.html -
Date: 2020-06-16
... Under section 134 of the Insurance Ordinance, the Chief Executive in Council may by order specify any rate or amount as a prescribed levy. In addition, the Chief Executive in Council may make regulations for payment of levies, the payment of charges or penalties for late payment of levies and the...
https://www.ia.org.hk/english/legislative_framework/overview/an_overview_of_the_regulatory_framework.html -
Date: 2021-09-13
[HTML]
An authorized insurer’s responsibility to handle and settle insurance claims fairly and promptly
... proper policies and procedures regarding settlement of insurance claims in order to ensure that it discharges its obligations in 1) and 2) above so that its policyholders are treated fairly in the claims handling process. (Section 10 of the IA’s “Guideline on Corporate Governance of...
https://www.ia.org.hk/english/legislative_framework/Conduct_in_Focus_Issue_07_(Special_Supplement_01).html -
Date: 2023-05-12
[PDF]
AR2015.pdf
... insurer is required to apply to the court for an order sanctioning the scheme of transfer. An insurer intending to transfer its general insurance business portfolio to another insurer may do so under section 25D of the ICO by obtaining the approval of the IA. During the year, sanction and approval in...
https://www.ia.org.hk/english/infocenter/files/AR2015.pdf -
Date: 2021-12-14
[PDF]
AR2015.pdf
... insurer is required to apply to the court for an order sanctioning the scheme of transfer. An insurer intending to transfer its general insurance business portfolio to another insurer may do so under section 25D of the ICO by obtaining the approval of the IA. During the year, sanction and approval in...
https://www.ia.org.hk/english/infocenter/files/AR2015.pdf -
Date: 2022-05-24
[PDF]
AR2015.pdf
... insurer is required to apply to the court for an order sanctioning the scheme of transfer. An insurer intending to transfer its general insurance business portfolio to another insurer may do so under section 25D of the ICO by obtaining the approval of the IA. During the year, sanction and approval in...
https://www.ia.org.hk/english/infocenter/files/AR2015.pdf -
Date: 2020-06-23
[PDF]
mouosfi.pdf
... the Hong Kong Special Administrative Region of the People’s Republic of China (HKIA) and the Office of the Superintendent of Financial Institutions Canada (OSFI) (collectively, the Authorities) have reached the following understanding in order to establish an arrangement for the sharing of information...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/mouosfi.pdf -
Date: 2020-09-28
[PDF]
mouosfi.pdf
... the Hong Kong Special Administrative Region of the People’s Republic of China (HKIA) and the Office of the Superintendent of Financial Institutions Canada (OSFI) (collectively, the Authorities) have reached the following understanding in order to establish an arrangement for the sharing of information...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/mouosfi.pdf -
Date: 2021-11-01
[PDF]
mouosfi.pdf
... the Hong Kong Special Administrative Region of the People’s Republic of China (HKIA) and the Office of the Superintendent of Financial Institutions Canada (OSFI) (collectively, the Authorities) have reached the following understanding in order to establish an arrangement for the sharing of information...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/mouosfi.pdf -
Date: 2021-09-01