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⏭... confidence in insurance industry During a 3-year transitional period (i.e. 23 September 2019 – 22 September 2022) . An insurance intermediary validly registered with a SRO* immediately before the commencement of the new regime is deemed to be a licensed insurance intermediary under the new regime (“deemed...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/New_regime_brochure_Eng.pdf -
Date: 2020-05-29
... writing within a certain period (say a month) Similar arrangement can be used for deduction of levy: Adding levy to the amount of APL - Automatic Policy Loan Deduct outstanding levy from benefit payment on Claim, Maturity or Surrender Levy is what the policy holder owes the IA and not the insurer....
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/Principles_ConceptsforPremiumLevyCollectionpw.pdf -
Date: 2019-10-23
... for the first half of 2020, indicating a growth of total gross premiums by 6% to $313.7 billion over the corresponding period in 2019. (Percentage changes in brackets represent changes over the same period last year) Long term business Total revenue premiums of...
https://www.ia.org.hk/english/infocenter/press_releases/20200831.html -
Date: 2021-09-03
... Cooling-off Period Initiative 冷靜期 1 1 July 1996 N N Cooling-off Period 冷靜期...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/applicable_rules_issued_by_the_SROs.html -
Date: 2019-12-20
... temporarily closed from tomorrow (29 January) to 2 February. Public services provided by the IA, including the handling of hotline and email enquiries, and complaints, will be suspended in the same period. The IA will keep reviewing the situation and announce any updates on the IA website...
https://www.ia.org.hk/english/infocenter/press_releases/20200128.html -
Date: 2020-01-28
... Person Single Person Single Person Single Person Monthly income Tax savings 3 Receive annuity payouts regularly over a specified length of time or as long as you live Pay the premiums Annuity periodPremium payment period Premiums are invested and accumulated during the accumulation period What is an...
https://www.ia.org.hk/english/infocenter/files/Saving_for_retirement_EN.pdf -
Date: 2021-12-14
... Person Single Person Single Person Single Person Monthly income Tax savings 3 Receive annuity payouts regularly over a specified length of time or as long as you live Pay the premiums Annuity periodPremium payment period Premiums are invested and accumulated during the accumulation period What is an...
https://www.ia.org.hk/english/infocenter/files/Saving_for_retirement_EN.pdf -
Date: 2022-05-24
... Person Single Person Single Person Single Person Monthly income Tax savings 3 Receive annuity payouts regularly over a specified length of time or as long as you live Pay the premiums Annuity periodPremium payment period Premiums are invested and accumulated during the accumulation period What is an...
https://www.ia.org.hk/english/infocenter/files/Saving_for_retirement_EN.pdf -
Date: 2020-06-23
... intermediaries wishing to be engaged in the Long term (including Linked Long Term) Insurance Intermediary Business will be required to pass, among others, the enhanced version of the Investment-linked Long Term Insurance Examination Paper, unless otherwise exempted. A transitional arrangement for the period from...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN7on_Adm_Framework_IIQE_for_ILLT_Ins._v1_8_12_09_eg19.pdf -
Date: 2019-12-20
... relating to the 12 months immediately preceding the date of commencement of the PII policy. Compliance audit in this regard has been carried out in two ways: (1) the annual audit conducted by Members’ own auditors and their reporting to CIB within the six-month period after each Member’s financial year end...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_GN_on_An_Cert_for_Prof_Ind_v2_10_6_2009_eg19.pdf -
Date: 2019-12-20