... Practice - A medical check-up or a free consultancy? The Insurance Authority’s on-site inspections of licensed insurance broker companies May 2023 In our circular of 30 November 2022, the Insurance Authority (“IA”) published its common...
https://www.ia.org.hk/english/legislative_framework/Conduct_in_Focus_Issue_07_(Article_01).html -
Date: 2023-05-12
... monitor the performance under the agreement (e.g. evaluation of performance through service delivery reports, periodic self- certification, independent reviews by the insurer’s or service provider’s auditors); (h) information and asset ownership rights, information technology security and protection of...
https://www.ia.org.hk/english/legislative_framework/files/GL14.pdf -
Date: 2020-09-24
... policy shall include provision for one automatic reinstatement to a limit of indemnity of not less than HK$3,000,000.00 if as a result of a claim(s) the indemnity available shall fall below HK$3,000,000.00; (h) the member shall maintain Nominated Accounts in accordance with the following rules:- (i...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5_PIBA_Membership_Regulations_v5_15_4_2013_eg19.pdf -
Date: 2019-12-20
... of affairs of any other business which the person carries on or proposes to carry on; and 7 (h) any other matter that the IA considers relevant in making the determination. 3.2 Without limiting the generality of the statements referred to in paragraph 3.1 above, the following paragraphs set out the...
https://www.ia.org.hk/english/legislative_framework/files/GL4.pdf -
Date: 2020-09-24
... cover; (g) price information (e.g. VHIS premium schedule); (h) customers’ rights under cooling off period, if any; (i) existence and duration of the right of cancellation; (j) renewal of the policy (e.g. circumstances under which guaranteed renewal is granted, insurer’s right to revise the terms and...
https://www.ia.org.hk/english/legislative_framework/files/GL31_20191129e.pdf -
Date: 2020-09-24
... cover; (g) price information (e.g. VHIS premium schedule); (h) customers’ rights under cooling off period, if any; (i) existence and duration of the right of cancellation; (j) renewal of the policy (e.g. circumstances under which guaranteed renewal is granted, insurer’s right to revise the terms and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL31_20191129e.pdf -
Date: 2020-06-24
... cover; (g) price information (e.g. VHIS premium schedule); (h) customers’ rights under cooling off period, if any; (i) existence and duration of the right of cancellation; (j) renewal of the policy (e.g. circumstances under which guaranteed renewal is granted, insurer’s right to revise the terms and...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL31_20191129e.pdf -
Date: 2019-11-29
... Insurance Intermediaries Qualifying Examination – Paper III P 1 of 4 Candidates are recommended to study the 2017 Edition of the Study Notes (with Update (August 2018) & Update2 (August 2019)) for examinations to be held from 2 December 2019 onwards. Insurance Intermediaries Qualifying Examination...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/LT_syl_eng_2019_file4.pdf -
Date: 2019-12-02
... Insurance Authority reprimands and imposes $7 million fine for multiple contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance 31 January 2022 The Insurance Authority (“IA”) has reprimanded and ordered the...
https://www.ia.org.hk/english/infocenter/press_releases/20220131.html -
Date: 2022-01-31
... Consultation Paper on the Draft Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules Consultation Paper Template for feedback to Consultation Paper: Feedback Template...
https://www.ia.org.hk/english/infocenter/consultation_financial_requirements_for_broker_companies.html -
Date: 2018-11-23