... regulated activity. Accordingly, an employee of an authorized insurer who carries on a regulated activity (e.g. direct sales staff who give advice on the coverage of a particular insurance product to an existing or potential policy holder) or holds out that he/she is carrying on a regulated activity, would...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Explanatory_Note_on_Licensing_Requirements_for_Employees_of_Authorized_Insurers.pdf -
Date: 2018-11-30
... Complaints Bureau (ICCB), it is worth noting that the Insurance Claims Complaints Panel of the ICCB is empowered by the Articles of Association of the ICCB to look beyond the strict interpretation of policy terms in making a ruling. They being decided cases of the Insurance Claims Complaints Bureau (ICCB...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
... PowerPoint Presentation v Role of Fintech in Building Inclusive and Vibrant Insurance Markets Mr Clement Cheung Chief Executive Officer, Insurance Authority 4 November 2021 Promotion of the general stability of the insurance industry Protection of existing and potential policy holders Promote the...
https://www.ia.org.hk/english/infocenter/files/Hong_Kong_Fintech_Week_2021.pdf -
Date: 2021-12-09
... includes granting of licences, setting regulatory requirements and conduct standards, conducting inspections and investigations, and imposing disciplinary sanctions, etc. The delegation of IA’s powers of inspection and investigation to the MA in relation to insurance related businesses of AIs aims to...
https://www.ia.org.hk/english/infocenter/press_releases/20190719.html -
Date: 2019-07-19
... Insurance Claims Complaints Bureau (ICCB), it is worth noting that the Insurance Claims Complaints Panel of the ICCB is empowered by the Articles of Association of the ICCB to look beyond the strict interpretation of policy terms in making a ruling. In addition, as far as good insurance practice is...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/11.sn-LT-2017_eng.pdf -
Date: 2019-12-02
... question. They being decided cases of the Insurance Claims Complaints Bureau (ICCB), it is worth noting that the Insurance Claims Complaints Panel of the ICCB is empowered by the Articles of Association of the ICCB to look beyond the strict interpretation of policy terms in making a ruling. In addition, as...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.pdf -
Date: 2019-12-02
... (ICCB), it is worth noting that the Insurance Claims Complaints Panel of the ICCB is empowered by the Articles of Association of the ICCB to look beyond the strict interpretation of policy terms in making a ruling. In addition, as far as good insurance practice is concerned, the Insurance Claims...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.docx -
Date: 2019-12-02
... creation of certain records and reports required • Cashier/bank/convenience store • Internal control and transaction monitoring 16 Fund Inflow – Premium Payment Dump in premium amount does not match with the modal premium or its multiples for a regular premium insurance policy 17 17 Fund Outflow • Timing...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/ppt20161201-1.pdf -
Date: 2021-11-12
... creation of certain records and reports required • Cashier/bank/convenience store • Internal control and transaction monitoring 16 Fund Inflow – Premium Payment Dump in premium amount does not match with the modal premium or its multiples for a regular premium insurance policy 17 17 Fund Outflow • Timing...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/ppt20161201-1.pdf -
Date: 2022-04-27
... creation of certain records and reports required • Cashier/bank/convenience store • Internal control and transaction monitoring 16 Fund Inflow – Premium Payment Dump in premium amount does not match with the modal premium or its multiples for a regular premium insurance policy 17 17 Fund Outflow • Timing...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/ppt20161201-1.pdf -
Date: 2019-11-05