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... Joint Inspection on the Use of Premium Financing to Take Out Long Term Insurance Policies in Hong Kong 30 September 2021 Ref: INS/TEC/9/2/2/26 HKMA/B1/15C To: Chief Executives of all authorized insurers carrying on long term insurance business, Responsible Officers of all licensed insurance broker...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_30092021.pdf - Date: 2021-12-10
... appropriate and regular training to licensed insurance intermediaries and staff, where appropriate, to ensure that the process as set out in this Guideline is duly completed. The relevant operational control mechanism and training should cover the above requirement(s) relating to the unusual features. The RPQ...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes.pdf - Date: 2020-09-24
... appropriate and regular training to licensed insurance intermediaries and staff, where appropriate, to ensure that the process as set out in this Guideline is duly completed. The relevant operational control mechanism and training should cover the above requirement(s) relating to the unusual features. The RPQ...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL_26_Interpretation_Notes_Eng.pdf - Date: 2020-06-24
... appropriate and regular training to licensed insurance intermediaries and staff, where appropriate, to ensure that the process as set out in this Guideline is duly completed. The relevant operational control mechanism and training should cover the above requirement(s) relating to the unusual features. The RPQ...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes.pdf - Date: 2019-11-29
... offer an amount which varies over the policy term. Premium payment ▶ The premium remains the same over the term, but may increase with age upon renewal. ▶ Generally, it can be paid annually, monthly, quarterly or half-yearly. Who should consider it? ▶ Young people with limited financial means....
https://www.ia.org.hk/english/infocenter/files/Understanding_Life_Insurance_Eng.pdf - Date: 2021-12-14
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https://www.ia.org.hk/english/infocenter/faqs/faqs_levy.html - Date: 2017-10-12
... policy holders of all life insurance policies and general insurance policies (such as travel, motor, property or household insurance). Levy rates and cap The levy is being introduced in four phases. In Phase 1, which took effect on 1 January 2018, the levy rate was set at 0.04% of the insurance premium...
https://www.ia.org.hk/english/infocenter/files/Small_Levy_Big_Protection_EN.pdf - Date: 2021-12-14
... policy holders of all life insurance policies and general insurance policies (such as travel, motor, property or household insurance). Levy rates and cap The levy is being introduced in four phases. In Phase 1, which took effect on 1 January 2018, the levy rate was set at 0.04% of the insurance premium...
https://www.ia.org.hk/english/infocenter/files/Small_Levy_Big_Protection_EN.pdf - Date: 2022-05-24
... policy holders of all life insurance policies and general insurance policies (such as travel, motor, property or household insurance). Levy rates and cap The levy is being introduced in four phases. In Phase 1, which took effect on 1 January 2018, the levy rate was set at 0.04% of the insurance premium...
https://www.ia.org.hk/english/infocenter/files/Small_Levy_Big_Protection_EN.pdf - Date: 2020-06-23
... Anti-Money Laundering and Counter-Terrorist Financing (“GL3”) the extent of additional measures set out in the AMLO will depend on the nature and characteristics of the product or service requested and the assessed ML/TF risks presented by the customer. Paragraph 4.12.2 when taking supplementary measures...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/AML_Online_Sharing_Session_20201204_Presentation.pdf - Date: 2021-11-12