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⏭... the licensing requirements under the Ordinance have the benefit of these views, the IA has decided to issue this additional Explanatory Note (“Note”). A.4 In section B of this Note we set out the IA’s general approach in considering the issue of whether or not a person is required to obtain a licence...
https://www.ia.org.hk/english/legislative_framework/files/Explanatory_Note_on_Regulated_Activities.pdf -
Date: 2021-10-12
[PDF]
Agent_Code_Eng.pdf
... provisions which require compliance by licensed insurance agents with the requirements set out by their principals. September 2019 Page 5 The Insurance Ordinance also has provisions relating to the principal-agent relationship between insurers and their licensed individual insurance agents and licensed...
https://www.ia.org.hk/english/legislative_framework/files/Agent_Code_Eng.pdf -
Date: 2020-06-01
[PDF]
Broker_Code_Eng.pdf
... insurance brokers can approach insurers across the market1 to source the most suitable insurance products for clients and licensed insurance broker companies owe fiduciary duties to clients when acting as agents of the clients. In view of this, the Insurance Ordinance imposes requirements (set out in rules...
https://www.ia.org.hk/english/legislative_framework/files/Broker_Code_Eng.pdf -
Date: 2020-06-01
... provisions which require compliance by licensed insurance agents with the requirements set out by their principals. September 2019 Page 5 The Insurance Ordinance also has provisions relating to the principal-agent relationship between insurers and their licensed individual insurance agents and licensed...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/CodeofConductforLicensedInsuranceAgents.pdf -
Date: 2020-06-24
... insurance brokers can approach insurers across the market1 to source the most suitable insurance products for clients and licensed insurance broker companies owe fiduciary duties to clients when acting as agents of the clients. In view of this, the Insurance Ordinance imposes requirements (set out in rules...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/CodeofConductforLicensedInsuranceBrokers.pdf -
Date: 2020-06-24
[PDF]
Agent_Code_Eng.pdf
... provisions which require compliance by licensed insurance agents with the requirements set out by their principals. September 2019 Page 5 The Insurance Ordinance also has provisions relating to the principal-agent relationship between insurers and their licensed individual insurance agents and licensed...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Agent_Code_Eng.pdf -
Date: 2019-09-10
[PDF]
Broker_Code_Eng.pdf
... insurance brokers can approach insurers across the market1 to source the most suitable insurance products for clients and licensed insurance broker companies owe fiduciary duties to clients when acting as agents of the clients. In view of this, the Insurance Ordinance imposes requirements (set out in rules...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Broker_Code_Eng.pdf -
Date: 2019-09-10
... of solvency. The solvency margin calculation is set out in Section 10 of the ICO for general insurers, and in the Insurance Companies (Margin of Solvency) Regulation for long- term insurers. 2.1.3 The ICO sets out the requirement for an insurer to maintain separate assets in separate long-term...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_paper.pdf -
Date: 2019-09-03
[HTML]
New Statutory Requirements
... transitional arrangement for existing intermediaries and existing responsible officers of insurance agencies / chief executives of insurance brokers, including a transitional period of 3 years after commencement of the new regime (“Transitional Period”). Besides, licence fee will...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/new_statutory_requirements.html -
Date: 2019-08-23
... will add a new section 129A to the Ordinance (set out in the SCHEDULE) to empower the IA to make rules on the requirements in paragraph 10 to 11 above. Consultation 13. This paper is published by the IA to consult the public on the draft Rules (see ANNEX A) which will be made pursuant to new section...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_Draft_Insurance_Special_Purpose_Business_Rules_ENG.pdf -
Date: 2020-09-04