... third party traffic accident victim (or his/her dependants) who suffers bodily injury or death but is unable to obtain compensation because the driver is uninsured or untraceable. As a result of the legislative changes in 1995 whereby insurance policies are allowed to set a limit on third party...
https://www.ia.org.hk/english/consumer/insurance_market_arrangements.html -
Date: 2017-06-22
... Implementation of New Regulatory Regime for Insurance Intermediaries Introduction Currently, insurance intermediaries are regulated by three Self-Regulatory Organizations (“SROs”), namely the Insurance Agents Registration Board set up by The...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/implementation_new_regulatory_regime_for_insurance_intermediaries.html -
Date: 2019-08-23
... Self-Regulatory Organisations (SROs)1. Under the new statutory regime, the two codes of conduct will specify fundamental conduct requirements expected of them. The draft Codes of Conduct set out eight core General Principles, under which standards and practices are elaborated. When formulating these...
https://www.ia.org.hk/english/infocenter/press_releases/20190328.html -
Date: 2019-03-28
...://www.gld.gov.hk/egazette/ http://www.ia.org.hk/ - 2 - (2) Frequently Asked Questions A new set of frequently asked questions (“FAQs”) in relation to anti-money laundering and counter-terrorist financing (“AML/CFT”) is published by the Insurance Authority today. The FAQs published on 15 April 2019 are superseded...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20190913_1.pdf -
Date: 2019-12-24
... specified in the Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules (“Broker Rules”) made under the Insurance Ordinance (Cap.41) (“IO”). The Broker Rules set out the requirements in relation to the following aspects...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/insurance_brokers.html -
Date: 2020-06-16
... insurance agency which appoints a licensed technical representative (agent); and (d) A licensed insurance broker company which appoints a licensed technical representative (broker). 1.4 A failure to comply with any CPD requirements set out in this Guideline by a person listed above may adversely affect the...
https://www.ia.org.hk/english/legislative_framework/files/Eng_GL24_CPD.pdf -
Date: 2020-09-24
... insurance agency which appoints a licensed technical representative (agent); and (d) A licensed insurance broker company which appoints a licensed technical representative (broker). 1.4 A failure to comply with any CPD requirements set out in this Guideline by a person listed above may adversely affect the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonContinuingProfessionalDevelopmentforLicensedInsuranceIntermediaries.pdf -
Date: 2020-06-24
... insurance agency which appoints a licensed technical representative (agent); and (d) A licensed insurance broker company which appoints a licensed technical representative (broker). 1.4 A failure to comply with any CPD requirements set out in this Guideline by a person listed above may adversely affect the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonContinuingProfessionalDevelopmentforLicensedInsuranceIntermediaries_Brokers.pdf -
Date: 2020-06-24
... insurance agency which appoints a licensed technical representative (agent); and (d) A licensed insurance broker company which appoints a licensed technical representative (broker). 1.4 A failure to comply with any CPD requirements set out in this Guideline by a person listed above may adversely affect the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Eng_GL24_CPD.pdf -
Date: 2019-09-10
... package”). We are writing to enlist your continuous support in completing and submitting data as set out in the MA package, which forms an important part of QIS 2. Matching adjustment is an alternative discounting approach that reflects the assets held by individual companies based on their policies for...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20180813_2.pdf -
Date: 2018-11-30