... to unleash synergies to exploit prospects arising from the BRI. The IA is also pursuing a proposal for Hong Kong insurers to set up service centres in the GBA to upgrade the customer experience in the region.  The IA’s other key initiatives of the year included developing a host...

..., attended by about 70 delegates affiliated with 14 member jurisdictions1. “Diversity is our strength as each member jurisdiction has its unique social demands and market landscape, yet we are exposed to the same set of emerging trends. Against the backdrop of a volatile macroeconomic...

... two initiatives above will contribute significantly towards achieving strategic goals set out in the Development Roadmap for the Insurance Sector in Hong Kong. Ends Notes: 1The Grant Scheme rolled out in May 2021 offers up to HK$12 million for each eligible issuance of...

... also establish principal points of contact to ensure the smooth operation of arrangements set out in the MoU. Furthermore, the two authorities agree to hold meetings at regular intervals to discuss current or evolving supervisory issues, and to hold ad hoc meetings to deal with specific supervisory...

... procurement of motor insurance in Hong Kong, the premium levels for these products are determined according to several factors, such as the age and model of the vehicle, a no-claim discount, and the driver’s driving experience and record of traffic violations. The IA suggests that car owners should...

... from the BRI, the IA has set up the Belt and Road Insurance Exchange Facilitation (known as “BRIEF”) to provide a 6 platform for our industry players to exchange intelligence, foster alliances and facilitate networking. We now have 41 insurers, reinsurers, captive insurers, brokers and law firms...

... from the BRI, the IA has set up the Belt and Road Insurance Exchange Facilitation (known as “BRIEF”) to provide a 6 platform for our industry players to exchange intelligence, foster alliances and facilitate networking. We now have 41 insurers, reinsurers, captive insurers, brokers and law firms...

... from the BRI, the IA has set up the Belt and Road Insurance Exchange Facilitation (known as “BRIEF”) to provide a 6 platform for our industry players to exchange intelligence, foster alliances and facilitate networking. We now have 41 insurers, reinsurers, captive insurers, brokers and law firms...

... from the BRI, the IA has set up the Belt and Road Insurance Exchange Facilitation (known as “BRIEF”) to provide a 6 platform for our industry players to exchange intelligence, foster alliances and facilitate networking. We now have 41 insurers, reinsurers, captive insurers, brokers and law firms...

... effectiveness in administering the insurance laws of their respective jurisdictions have reached the following understanding: I. Definitions 2. For the purposes of this Memorandum of Understanding, the terms set out below have the assigned meanings unless the context requires otherwise: (a) “Authority” means...