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⏭... investigation found that in June 2018, Mr Chan had received a signed direct debit authorization (DDA) form from a client based overseas requiring a direct debit to be set up to settle premium payments under an insurance policy. Mr Chan found that client signature on one of the signature pages of the DDA form...
https://www.ia.org.hk/english/infocenter/press_releases/20230815.html -
Date: 2023-08-15
... contemporary international practices. The desired outcome is a set of capital requirements that are responsive to market volatility, sensitive to the risk profile of individual insurers, but yet provide incentives for self-assessment and transparency. Drawing from the experience of other jurisdictions, we are...
https://www.ia.org.hk/english/infocenter/files/2018_Asian_Actuarial_Conference.pdf -
Date: 2020-06-12
... This circular letter is intended to provide general guidance on the application of the Valuation Rules in this regard. The accounting treatment of a ROU asset and related lease liability is set out in Hong Kong Financial Reporting Standard 16 Leases. We understand that there are different...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Applying_the_provisions_of_Insurance_General_Business_Valuation_Rules_in_the_valuation_of_right_of_use_asset_and_related_lease_liability.pdf -
Date: 2020-12-21
[PDF]
Circular_20201029.pdf
... This circular letter is intended to provide general guidance on the application of the Valuation Rules in this regard. The accounting treatment of a ROU asset and related lease liability is set out in Hong Kong Financial Reporting Standard 16 Leases. We understand that there are different...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_20201029.pdf -
Date: 2020-12-21
... IA’s Future Task Force, consisting of industry experts and academics, was set up to make recommendations embracing Insurtech and promoting the sustainable development of the insurance industry. The report also provides details on the upcoming regulatory initiatives to maintain market...
https://www.ia.org.hk/english/infocenter/press_releases/insurance_authority-publishes_annual_report_2016_17.html -
Date: 2017-11-22
[HTML]
Asian Insurance Forum 2019 to focus on emerging market opportunities and Insurtech development
... and local financial regulators, industry leaders and academics to set the direction and strategies for the future development of the insurance industry. Ends ...
https://www.ia.org.hk/english/infocenter/press_releases/20191112.html -
Date: 2019-11-12
[HTML]
Protection of policy holders
... providing certified plans are required to comply with the rules of the scheme, including the product compliance requirements and the code of practice set by the Health Bureau. For details, please visit the VHIS website. Lodging a complaint Insurers should provide policy holders...
https://www.ia.org.hk/english/medical_insurance/protection_of_policy_holders.html -
Date: 2024-01-18
... in (1) above and the consequences in case of breach. 4. If deemed necessary, you should consult your own legal advisors. 5. The full set of the Act can be found at the official website of FSA at: http://www.fsa.go.jp/common/law/ins01.pdf Kind Regards Tommy Chan Secretary-General & Registrar The Hong...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_Cir_Res_on_Pro_of_FII_Prod_by_Jap_Resid_v1_10_11_2017_eg19.pdf -
Date: 2019-12-20
[PDF]
hk-fsa_mou_rev.pdf
... is for the purpose of actual or contemplated enforcement action, the matters set out Appendix 1; and (f) any other matters specified by the requested Authority and by the applicable laws, regulations and requirements in relation to the requested Authority. Contact Points 9. The Authorities will...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/hk-fsa_mou_rev.pdf -
Date: 2020-09-28
[PDF]
hk-fsa_mou_rev.pdf
... is for the purpose of actual or contemplated enforcement action, the matters set out Appendix 1; and (f) any other matters specified by the requested Authority and by the applicable laws, regulations and requirements in relation to the requested Authority. Contact Points 9. The Authorities will...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/hk-fsa_mou_rev.pdf -
Date: 2021-11-01