... appropriate for adopting the TFM. 1 The upfront disclosure should include, where applicable, objective(s); type and nature of the policy; target benefit period; payment period; level of premiums payable; prominent warning to the customer concerning affordability of the policy during the entire premium payment...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_27032020.pdf -
Date: 2020-06-15
... appropriate for adopting the TFM. 1 The upfront disclosure should include, where applicable, objective(s); type and nature of the policy; target benefit period; payment period; level of premiums payable; prominent warning to the customer concerning affordability of the policy during the entire premium payment...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_27032020.pdf -
Date: 2020-12-21
... different organisations or doctors or consult your insurer directly before accepting the treatment. The above information is for reference only. For the coverage, mode of compensation, benefit limit and premium levels of any specific medical insurance plan, please refer to the...
https://www.ia.org.hk/english/medical_insurance/tips_on_making_claims.html -
Date: 2024-01-18
...通訊" 6 December 2023 IA-HKMA joint inspection exercise on premium financing 30 November 2023 Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules (Cap. 41L) Savings and...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2023.html -
Date: 2023-12-29
... visitors shrank from $6.8 billion in 2020 to about $688 million in 2021 (decreased by 89.9%), representing 0.4% of the total for individual businesses. Some 96% of the policies taken out by this group of customers were settled at regular intervals (i.e. non-single premium). Critical illness, whole life and...
https://www.ia.org.hk/english/infocenter/press_releases/20220311.html -
Date: 2022-03-11
... where such business written 2 in the relevant financial year separately fall within any one of the following parameters: (a) the gross premium income at or exceeding HK$20 million; or (b) the gross reserves for claims outstanding at or exceeding HK$20 million; or (c) the gross reserves for claims...
https://www.ia.org.hk/english/legislative_framework/files/GL9.pdf -
Date: 2020-09-24
... its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a company incorporated in Hong Kong, provide two sets of...
https://www.ia.org.hk/english/infocenter/forms/files/IA-6G.docx -
Date: 2022-01-06
... its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a company incorporated in Hong Kong, provide two sets of...
https://www.ia.org.hk/english/infocenter/forms/files/IA-6G.docx -
Date: 2022-05-31
... by another insurer by misrepresentation, fraudulent or unethical means). Representation of Information – refers to complaints relating to the presentation of an insurance product’s features, policy terms and conditions, premium payment terms or returns on investment, dividend or bonus shown on...
https://www.ia.org.hk/english/infocenter/files/Conduct_in_Focus_Mar_issue_EN.pdf -
Date: 2022-05-24
... its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a company incorporated in Hong Kong, provide two sets of...
https://www.ia.org.hk/english/infocenter/forms/files/IA-6G.docx -
Date: 2020-06-24