... The law stipulates that premiums paid for deferred annuity products satisfying a set of criteria set out in the guideline issued by the Insurance Authority (IA) are eligible for tax deduction under the salaries tax and personal assessment. Please visit the List of Qualifying Deferred Annuity Policies...

... Preparatory Works To prepare for the new regime, we are drafting new rules, codes and guidelines and developing a new computer system and online portal.  We have also set up a Working Group on Direct Licensing Regime for Insurance Intermediaries and two...

... Business Ethics = A set of principles which determines what is the right behavior when conducting insurance business or carrying on regulated activity • Honesty and Integrity • Acting in the client’s best interests and treating clients fairly • Due care and diligence • Professional competence and...

... intermediaries should also alert customers about their cooling-off rights. Q 3 Paragraph 4.2 of the Guideline sets out the steps in the sale process of an ILAS product in order to achieve the objectives of the Guideline. Can an authorized insurer and licensed insurance intermediary use digital devices in the...

... intermediaries should also alert customers about their cooling-off rights. Q 3 Paragraph 4.2 of the Guideline sets out the steps in the sale process of an ILAS product in order to achieve the objectives of the Guideline. Can an authorized insurer and licensed insurance intermediary use digital devices in the...

... intermediaries should also alert customers about their cooling-off rights. Q 3 Paragraph 4.2 of the Guideline sets out the steps in the sale process of an ILAS product in order to achieve the objectives of the Guideline. Can an authorized insurer and licensed insurance intermediary use digital devices in the...

... Financial Needs Analysis (“FNA”) form, provided that such forms are in compliance with the requirements as set out in the latest version of the Initiative on Financial Needs Analysis (effective from 1 January 2016), Members may wish to refer to the said requirements when developing their forms or...