... months by now, I would like to share with readers some of my observations on the Hong Kong insurance industry and the issues confronting it. The first quarter figures released in May are revealing. Long term in-force business grew by 36% over the same period last year and new business increased by a...

... months by now, I would like to share with readers some of my observations on the Hong Kong insurance industry and the issues confronting it. The first quarter figures released in May are revealing. Long term in-force business grew by 36% over the same period last year and new business increased by a...

... Consultation conclusions on the Insurance (Group Capital) Rules 28 December 2020 The Insurance Authority (IA) today (28 December 2020) published the consultation conclusions on the draft Insurance (Group Capital) Rules (the Group Capital Rules) in...

... with information on channels and procedures for making complaints. If you are dissatisfied with the way in which your insurer has handled your application or claim, or with its claims decision, you can lodge a complaint through any of the channels provided by your insurer. For claims-related...

... industry on possible involvement or interaction with activities related to virtual assets (“VAs”) and Virtual Asset Service Providers (“VASPs”). This circular provides guidance on the pertinent issues that authorized insurers should take into account on this topic. Regulatory Developments In light of the...

... General Circular 36/04 -1 - CIB-GN(6) (Issued on 15 October 2007) (Revised on 15 March 2012) Guidance Note on Documentary Proof of Educational Attainment for Registration’s Purpose According to Membership Regulation 3.5, the General Committee is issuing this Guidance Note on Documentary Proof of...

... Premiums With the Voluntary Health Insurance Scheme (“VHIS”) fully launched, i.e. offered to consumers, on 1 April 2019, individual hospital insurance consumers are now given the choice of buying indemnity hospital insurance plans certified by the Food and Health Bureau under the VHIS (“Certified Plans...

... opportunities we need to enable the local market to expand. Dr Moses Cheng Chairman Now in its third year of operation, the Insurance Authority (“IA”) has been focusing on drafting rules and guidelines regulating market conduct, working with the insurance industry to promote its sustainable development, and...

... opportunities we need to enable the local market to expand. Dr Moses Cheng Chairman Now in its third year of operation, the Insurance Authority (“IA”) has been focusing on drafting rules and guidelines regulating market conduct, working with the insurance industry to promote its sustainable development, and...

... opportunities we need to enable the local market to expand. Dr Moses Cheng Chairman Now in its third year of operation, the Insurance Authority (“IA”) has been focusing on drafting rules and guidelines regulating market conduct, working with the insurance industry to promote its sustainable development, and...