... areas of concern which we propose to address by providing further detail on the expectations with regards to compliance with the relevant regulatory standards in order to improve customer awareness, protection and outcome. The insurers and intermediaries inspected were generally able to comply with the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_30092021.pdf -
Date: 2021-12-10
... (Individuals) As you will be aware, save in exceptional cases, the licences granted by the Insurance Authority (“IA”) under the Insurance Ordinance (CAP. 41) to licensed insurance intermediaries are valid for 3 years and therefore have to be renewed every 3 years. In order to renew a licence, a licensed...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_Applications_for_Renewal_of_Insurance_Intermidiary_Licence_Individuals_Eng_20220520.pdf -
Date: 2022-05-31
... Banking and Insurance Regulatory Commission (CBIRC) that under the “China Risk Oriented Solvency System” (C-ROSS), when a Mainland insurer cedes business to a qualified Hong Kong professional reinsurer, the capital requirement of the Mainland insurer will be reduced (preferential treatment...
https://www.ia.org.hk/english/infocenter/press_releases/Insurance_Authority_and_China_Banking_and_Insurance_Regulatory_Commission_implement_preferential_treatment_to_promote_the_development_of_Hong_Kong_reinsurance_industry.html -
Date: 2023-09-22
... (http://www. hkcaa.edu.hk) for an updated list of accredited activities. Review of the Regulatory System for Insurance Intermediaries T he consultation on the review oft h e r e g u l a t o r y s y s t e m f o r insurance intermediaries ended on 31 O c t o b e r 2 0 0 1 . M o r e t h a n 2 0 submiss...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens8-p3.pdf -
Date: 2020-09-28
... (http://www. hkcaa.edu.hk) for an updated list of accredited activities. Review of the Regulatory System for Insurance Intermediaries T he consultation on the review oft h e r e g u l a t o r y s y s t e m f o r insurance intermediaries ended on 31 O c t o b e r 2 0 0 1 . M o r e t h a n 2 0 submiss...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens8-p3.pdf -
Date: 2021-11-01
... (http://www. hkcaa.edu.hk) for an updated list of accredited activities. Review of the Regulatory System for Insurance Intermediaries T he consultation on the review oft h e r e g u l a t o r y s y s t e m f o r insurance intermediaries ended on 31 O c t o b e r 2 0 0 1 . M o r e t h a n 2 0 submiss...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens8-p3.pdf -
Date: 2021-09-01
... (http://www. hkcaa.edu.hk) for an updated list of accredited activities. Review of the Regulatory System for Insurance Intermediaries T he consultation on the review oft h e r e g u l a t o r y s y s t e m f o r insurance intermediaries ended on 31 O c t o b e r 2 0 0 1 . M o r e t h a n 2 0 submiss...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens8-p3.pdf -
Date: 2020-06-19
... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/pr150302.pdf -
Date: 2020-09-28
... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/pr150302.pdf -
Date: 2021-11-01