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... cases when the brokers are vested with the obligation to deliver policies to clients, delay in doing on their part has deprived the clients of their right under the Cooling-off Initiative promulgated by the Hong Kong Federation of Insurers (“HKFI”). Cooling-off Period Life insurers in Hong Kong have...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN3_GN_on_Proper_Delivery_of_LT_Policy_29_1_2010_eg19.pdf - Date: 2019-12-20
... 15 October 2004 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, United Nations Security Council Resolution 1532 Further to my letter of 18...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular151004.html - Date: 2017-06-23
... Order") You may recall that I have provided you with the thirteenth list of names designated under the Executive Order in my letter of 17 May 2002 . The US Government designated two additional terrorist groups under the Executive Order on 27 June 2002. These two additional entries...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular120702.html - Date: 2017-06-23
... Interpretation Notes 1 [Version 8 on 26 August 2020] Interpretation Notes Guideline on Financial Needs Analysis (GL30) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL30..pdf - Date: 2020-09-24
... Interpretation Notes 1 [Version 8 on 26 August 2020] Interpretation Notes Guideline on Financial Needs Analysis (GL30) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL30..pdf - Date: 2020-12-21
... representatives (broker) act as representatives of (i.e. on behalf of) the licensed insurance broker companies which appoint them. In this capacity, they give advice on insurance policies to clients and represent their appointing licensed insurance broker companies to deal with matters relating to insurance...
https://www.ia.org.hk/english/legislative_framework/files/Broker_Code_Eng.pdf - Date: 2020-06-01
... representatives (broker) act as representatives of (i.e. on behalf of) the licensed insurance broker companies which appoint them. In this capacity, they give advice on insurance policies to clients and represent their appointing licensed insurance broker companies to deal with matters relating to insurance...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/CodeofConductforLicensedInsuranceBrokers.pdf - Date: 2020-06-24
... representatives (broker) act as representatives of (i.e. on behalf of) the licensed insurance broker companies which appoint them. In this capacity, they give advice on insurance policies to clients and represent their appointing licensed insurance broker companies to deal with matters relating to insurance...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Broker_Code_Eng.pdf - Date: 2019-09-10
... Securities and Futures Commission, have been consulted about the contents of this Guidance Note. (III) Guideline Insurers have the choice of one of the two options below to illustrate the assumed rates of return: 1) four assumed rates of return for illustration, 0%, 3%, 6% and 9% on two pages with surrender...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4.GN_on_ILAS_Illustration_Document.pdf - Date: 2019-12-20
... matter. Regulated advice would generally relate to the provision of a recommendation to the existing or potential policy holder on the contract of insurance or insurance matter, or be a statement made with a view to the policy holder placing reliance on that statement in respect of the contract of...
https://www.ia.org.hk/english/legislative_framework/files/Explanatory_Note_on_Licensing_Requirements_for_Employees_of_Authorized_Insurers.pdf - Date: 2021-10-12