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An authorized insurer’s responsibility to handle and settle insurance claims fairly and promptly
... proper policies and procedures regarding settlement of insurance claims in order to ensure that it discharges its obligations in 1) and 2) above so that its policyholders are treated fairly in the claims handling process. (Section 10 of the IA’s “Guideline on Corporate Governance of...
https://www.ia.org.hk/english/legislative_framework/Conduct_in_Focus_Issue_07_(Special_Supplement_01).html -
Date: 2023-05-12
... may take note of the following and act accordingly whilst dealing with advising and selling of life insurance products to Japanese nationals. 1. According to Article 186 of the Insurance Business Act (“the Act”) of Japan, a foreign insurer without a branch office in Japan is prohibited from concluding...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_Cir_Res_on_Pro_of_FII_Prod_by_Jap_Resid_v1_10_11_2017_eg19.pdf -
Date: 2019-12-20
[PDF]
Broker_Code_Eng.pdf
... Website: www.ia.org.hk September 2019 Page 3 Contents Preface Part A Introduction to this Code Part B Interpretation Part C General Principles Section I. General Principle 1 - Honesty and Integrity II. General Principle 2 - Acting in the Best Interests of Clients and Treating Clients Fairly III. General...
https://www.ia.org.hk/english/legislative_framework/files/Broker_Code_Eng.pdf -
Date: 2020-06-01
... Website: www.ia.org.hk September 2019 Page 3 Contents Preface Part A Introduction to this Code Part B Interpretation Part C General Principles Section I. General Principle 1 - Honesty and Integrity II. General Principle 2 - Acting in the Best Interests of Clients and Treating Clients Fairly III. General...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/CodeofConductforLicensedInsuranceBrokers.pdf -
Date: 2020-06-24
[PDF]
Broker_Code_Eng.pdf
... Website: www.ia.org.hk September 2019 Page 3 Contents Preface Part A Introduction to this Code Part B Interpretation Part C General Principles Section I. General Principle 1 - Honesty and Integrity II. General Principle 2 - Acting in the Best Interests of Clients and Treating Clients Fairly III. General...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Broker_Code_Eng.pdf -
Date: 2019-09-10
[PDF]
GL19.pdf
... annuity insurance policy has to satisfy in order to obtain the necessary certification from the IA to become a QDAP, the process for obtaining that certification and the ongoing requirements which authorized insurers have to meet in respect of the promotion, arrangement and administration of QDAPs. 1...
https://www.ia.org.hk/english/legislative_framework/files/GL19.pdf -
Date: 2020-09-24
[PDF]
GL19.pdf
... annuity insurance policy has to satisfy in order to obtain the necessary certification from the IA to become a QDAP, the process for obtaining that certification and the ongoing requirements which authorized insurers have to meet in respect of the promotion, arrangement and administration of QDAPs. 1...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL19.pdf -
Date: 2019-11-29
... the form as policy endorsement, is not considered as a top‐up. Q 3. For refundable insurance policies under 1(a)(ii), does it have to be 100% or more “refundable” in order for the FNA requirement be exempted? A 3. Yes. For those refundable insurance policies which are not 100...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/3_HKFI_FAQ_Initiatives_on_FNA_v3_12_12_2016_20190823.pdf -
Date: 2019-12-20