... identifying socio-economic and demographic factors that will shape the insurance industry in future, the major tasks of the FTF are to draw up recommendations to promote the sustainable development of the insurance industry and to protect the interests of policy holders. At present, there are three...

... Microsoft Word - GL19 Guideline on QDAP (English).docx GL19 GUIDELINE ON QUALIFYING DEFERRED ANNUITY POLICY Insurance Authority Contents 1. Introduction .............................................................................................................. 1 2. Relevant Legal and Regulatory...

... Microsoft Word - GL19 Guideline on QDAP (English).docx GL19 GUIDELINE ON QUALIFYING DEFERRED ANNUITY POLICY Insurance Authority Contents 1. Introduction .............................................................................................................. 1 2. Relevant Legal and Regulatory...

... Hong Kong and Chengdu to complement each other, leading to a mutually beneficial outcome. It will also help reinforce Hong Kong’s position as a risk management centre for the Belt and Road Initiative and a regional insurance hub,” said Mr Tony Chan, Associate Director of the Policy and...

... Hong Kong and Chengdu to complement each other, leading to a mutually beneficial outcome. It will also help reinforce Hong Kong’s position as a risk management centre for the Belt and Road Initiative and a regional insurance hub,” said Mr Tony Chan, Associate Director of the Policy and...

... responsibility to ensure that a proper and complete FNA has been conducted by a licensed insurance broker in accordance with the Guideline. It should not solely rely on the declaration of compliance from a licensed insurance broker (who is acting as an agent of a policy holder or potential policy holder). In the...

... responsibility to ensure that a proper and complete FNA has been conducted by a licensed insurance broker in accordance with the Guideline. It should not solely rely on the declaration of compliance from a licensed insurance broker (who is acting as an agent of a policy holder or potential policy holder). In the...

... Imbalances in timing: The very nature of insurance means there is a significant time gap between the customer paying premium and the insurer having to perform its obligations (sometimes many years later) under the policy. This exposes customers to changes in strategy and management at the insurer over time...

... Insurance Authority consults on the financial and other requirements for licensed insurance broker companies 23 November 2018 The Insurance Authority (IA) today (23 November 2018) launched a two-month public consultation on the draft Insurance...

... pursuant to section 133 of the Insurance Ordinance (Cap. 41) (the “Ordinance”), its principal function to regulate and supervise the insurance industry for the protection of existing and potential policy holders and its function to promote and encourage the adoption of proper standards of conduct and sound...