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⏭... Consultation conclusions of the guidelines on “Fit and Proper” criteria and Continuing Professional Development requirements for licensed insurance intermediaries 31 July 2019 The Insurance Authority (IA) today (31 July 2019) published...
https://www.ia.org.hk/english/infocenter/press_releases/20190731.html -
Date: 2019-07-31
... Meeting of the Working Group on Embracing Fintech in Hong Kong (27 Sep 2019) Programme rundown Download Presentation materials Topic: Compliance with Data Privacy in Digital World Speaker: Mr Tony Lam, Deputy...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/Meeting_of_the_Working_Group_on_Embracing_Fintech_in_Hong_Kong_Sep_2019.html -
Date: 2019-11-26
...: appointing insurers are generally liable for the acts of their agents; licensed insurance agencies are responsible for ensuring that their appointed licensed insurance agents comply with all laws, rules, regulations, codes and guidelines, relevant to the carrying on of regulated activities in the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/insurance_agents.html -
Date: 2021-07-13
... capacity of the Alt. CE will be reverted back to “Technical Representative” and the matter of non-compliance by the Member with Membership Regulation 7.5 will be referred, without further notice on the expiry date of the 6-month period, to the Disciplinary Committee for attention. 6. Other Requirements of...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN2_Guidance_Note_on_Registering_Alternate_Chief_Executive_v1_23_4_2007_eg19.pdf -
Date: 2019-12-20
... Explanatory Note on “Regulated Activity” under the Insurance Ordinance (Cap. 41) 12 October 2021 Our Ref: MC/INT/5 By Email To: Chief Executives of all Authorized Insurers, Responsible Officers of all Licensed Insurance Broker Companies and Responsible Officers of all Licensed Insurance Agencies...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_12.10.2021_Explanatory_Note_on_Regulated_Activities_under_the_IO.pdf -
Date: 2021-12-10
... the determination of PCR, there are mixed views on the inclusion of one year’s forecast of new business in the calibration of PCR, with concerns over the subjectivity and practicalities involved in calculations and thus comparability across insurers. However, it should be noted that ICP1 17.6.3...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_conclusions.pdf -
Date: 2019-09-03
[PDF]
Circular_31082021.pdf
... Class C (Linked Long Term) Product with Open Architecture (“OA ILAS Products”) /…… 31 August 2021 Our Ref: INS/TEC/6/96 By Email Only To: Chief Executives of authorized insurers carrying on long term business and responsible officers of licensed insurance broker companies and licensed insurance...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_31082021.pdf -
Date: 2021-12-10
[PDF]
Circular_31082021.pdf
... Class C (Linked Long Term) Product with Open Architecture (“OA ILAS Products”) /…… 31 August 2021 Our Ref: INS/TEC/6/96 By Email Only To: Chief Executives of authorized insurers carrying on long term business and responsible officers of licensed insurance broker companies and licensed insurance...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_31082021.pdf -
Date: 2021-09-09
[PDF]
GL30_English.pdf
... authorized insurer or with other authorized insurers as disclosed by the customer, the assessment should be carried out based on an aggregate of all the in force policies of the customer, rather than just the policy which is the subject of the application. An authorized insurer should have internal controls...
https://www.ia.org.hk/english/legislative_framework/files/GL30_English.pdf -
Date: 2020-09-24