... Regulations. In response to the Execut ive Order issued by the President of the United States in September 2001, the Insurance Authority has also issued a c i rcu la r to insu rance ins t i tu t i ons advising them to watch out for any suspicious transact ions relat ing to those persons/ent i t ies prescr ibed...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens8-p3.pdf -
Date: 2020-06-19
... insurance intermediary, or to adjudicate disputes between authorised insurers/ licensed insurance intermediaries and policy holders, or to order an authorized insurer to pay a claim under an insurance policy, or to order an authorized insurer or licensed insurance intermediary to pay compensation to a...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/MOU_between_IA_and_ICB.pdf -
Date: 2021-11-01
... upon request) and consider whether you can meet such requests in order to avoid a potential financial loss. Exchange rate fluctuation If the loan currency differs from the policy currency, you may be required to convert the proceeds from the policy into the loan...
https://www.ia.org.hk/english/premium_financing/smart_tips.html -
Date: 2024-01-18
... 3.1.2.2. In order to earn the CPD hours specified for an E-learning Activity, a user must have successfully completed the EoA assessment and achieved the pass mark specified by the E-learning Activity Provider. 3.1.2.3. Users should be allowed to attempt the EoA assessment again if they have failed it....
https://www.ia.org.hk/english/legislative_framework/files/requirements_applicable_to_E-learning_Activities_eng.pdf -
Date: 2020-09-24
... 3.1.2.2. In order to earn the CPD hours specified for an E-learning Activity, a user must have successfully completed the EoA assessment and achieved the pass mark specified by the E-learning Activity Provider. 3.1.2.3. Users should be allowed to attempt the EoA assessment again if they have failed it....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/RequirementsapplicabletoElearningActivities.pdf -
Date: 2020-06-24
... 3.1.2.2. In order to earn the CPD hours specified for an E-learning Activity, a user must have successfully completed the EoA assessment and achieved the pass mark specified by the E-learning Activity Provider. 3.1.2.3. Users should be allowed to attempt the EoA assessment again if they have failed it....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/RequirementsapplicabletoElearningActivities_Brokers.pdf -
Date: 2020-06-24
... 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
... 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
... 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