... with societal aspirations. PRotECtING PolICy HoldERS On 23 September 2019, the IA commenced the statutory regulatory regime for all insurance intermediaries, heralding a new era of unified licensing, continuous professional training and disciplinary mechanisms. Our main attention will henceforth be...

... with societal aspirations. PRotECtING PolICy HoldERS On 23 September 2019, the IA commenced the statutory regulatory regime for all insurance intermediaries, heralding a new era of unified licensing, continuous professional training and disciplinary mechanisms. Our main attention will henceforth be...

... Further, the FATF has serious concerns with the threat posed by the DPRK’s illicit activities related to the proliferation of weapons of mass destruction (“WMD”) and its financing. The FATF calls on its members and urges other jurisdictions to apply effective counter-measures and targeted financial...

... employers. As a result, direct insurers were financially unable to continue carrying on statutory employees’ compensation (“EC”) insurance business in Hong Kong due to the lack of reinsurance for terrorism. Having regard to the problem, the Government proposed to provide direct insurers with a facility up to...

... employers. As a result, direct insurers were financially unable to continue carrying on statutory employees’ compensation (“EC”) insurance business in Hong Kong due to the lack of reinsurance for terrorism. Having regard to the problem, the Government proposed to provide direct insurers with a facility up to...

... employers. As a result, direct insurers were financially unable to continue carrying on statutory employees’ compensation (“EC”) insurance business in Hong Kong due to the lack of reinsurance for terrorism. Having regard to the problem, the Government proposed to provide direct insurers with a facility up to...

... employers. As a result, direct insurers were financially unable to continue carrying on statutory employees’ compensation (“EC”) insurance business in Hong Kong due to the lack of reinsurance for terrorism. Having regard to the problem, the Government proposed to provide direct insurers with a facility up to...

... the Insurance Authority’s circular issued on 2 February 2018 which mentions, among other things, the issuance of early alerts on United Nations Security Council (“UNSC”) sanctions resolutions and sanctions lists, we are writing to draw your attention to another new arrangement by the Hong Kong...

... Cybersecurity GL21: Guideline on Enterprise Risk Management P&I Forum On 6 June 2019, the IA hosted the first P&I Forum in Hong Kong, with the aim to provide a platform for attendees to share: the regulatory environment for P&I Clubs...

... agency owes to each respective insurer, remain matters governed by common law principles and the provisions in their respective agency agreements. Regulation of licensed insurance agents in their dealings with policy holders or potential policy holders when carrying on regulated activities The Insurance...