... insurance industry’s awareness and understanding of the statutory obligations on anti-money laundering and counter-terrorist financing (“AML/CTF”), the Insurance Authority will host two AML/CTF seminars on 21 and 28 October 2019. The objectives of the seminars are: a) to provide the participants with an...

... December 2015, the IA is a statutory insurance regulator, independent of the Government and the industry. It assumed the statutory function on the regulation of insurance companies on 26 June 2017. The IA is expected to start direct regulation of insurance intermediaries in mid-2019. Ends ...

... undertaken by the IA that paved the way for smooth implementation of the direct regulatory regime for around 120,000 insurance intermediaries on 23 September 2019. “A robust regulatory regime will inspire public confidence and provide institutional support for the insurance market to grow and...

... Hong Kong Insurance Business Statistics 2018 2015 2016 2017 2018 2019 汽車業務 Motor Vehicle Business 根據第三者風險保單承保車輛的數目: Number of Vehicles Covered under Third Party Risks Policies: 私家車 Private Cars 310,018 315,910 323,080 329,776 349,914 公共出租車輛 Public Hire Vehicles 18,384 17,435 16,331 15,215 15,249...

... Insurance Authority releases provisional statistics of Hong Kong insurance industry for 2018 15 March 2019 The Insurance Authority (IA) today (15 March 2019) released provisional statistics of the Hong Kong insurance industry for 2018, with total...

... Microsoft Word - circular letter Nov 2019 - Medical Insurance Business (brokers).docx 29 November 2019 Our Ref: INS/TEC/13/53 Sub-File 1 By e-mail only To: Responsible Officers of all licensed insurance broker companies Dear Sirs, GL31: Guideline on Medical Insurance Business Pursuant to section...

... Microsoft Word - 20200925 - Complaint Statistics_v5_Eng (Clean version).docx Summary of Complaints received by the Insurance Authority 1 April 2019 – 31 March 2020 Remarks:  With effect from 23 September 2019, the Insurance Authority took on the direct regulation of all insurance intermediaries...

... underpinned with the acceptance and admission of the wrongdoing. The cases on false academic certificates which the IA continues to handle emanate from the period before the IA took over the regulation of licensed insurance intermediaries on 23 September 2019. These cases have to be handled in...

...   13 January 2020 Asian Financial Forum 2020 Speech by Dr Moses Cheng,Chairman   10 December 2019 Asian Insurance Forum 2019 Panel Discussion: From vision to reality &ndash...

... of new rules, codes and guidelines for the regulation of insurance intermediaires under the statutory licensing regime to be introduced in mid-2019, launching Insurtech Sandbox and Fast Track to promote the adoption of Insurtech, and preparing for the implementation of the Risk-based Capital Regime...