...) business reached $292 million (increased by 58.1%) and $121 million (increased by 571%) respectively. Accident & Health business recorded an underwriting profit of $291 million (decreased by 40.7%), indicating the resurgence of claims suppressed or deferred by COVID-19. On reinsurance inward...
https://www.ia.org.hk/english/infocenter/press_releases/20210831.html -
Date: 2021-09-03
... expenses. I was going to pay it back. Honest!” Agent collects premium of 30+ policy holders on 40+ policies. Disappears with the money. 9 The importance of strong organizational culture to Business Ethics “Culture” refers to the values and norms that are shared by people who work for or represent a company...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Future_Task_Force_MC_16_Dec_2020.pdf -
Date: 2020-12-21
...) Course on Anti-Money Laundering and Counter-Terrorist Financing Ordinance and the Relevant Regulatory Requirements for Insurance Industry by the Vocational Training Council FATF - 40 Recommendations FATF - Guidance on RBA (insurance sector) Suspicious Transactions...
https://www.ia.org.hk/english/supervision/antimoney_laundering/reference_materials_and_relevant_websites.html -
Date: 2023-11-21
... the period from January 2018 to July 2020: Convoy Financial Services Limited paid $1,870,060.40 of its client monies into the client account of Convoy Financial Solutions Limited; Convoy Financial Solutions Services Limited paid $100,974.76 of its client monies into the...
https://www.ia.org.hk/english/infocenter/press_releases/20230330.html -
Date: 2023-03-30
... bancassurance developments in Hong Kong. Distribution Channel On the life insurance front, in addition to developing traditional branch channels, bancassurers should explore alternative means to reach customers. Banks are experiencing a fall in branch patronage. It is estimated that about 40% of bank customers...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/text-ilens14.pdf -
Date: 2020-09-28
... bancassurance developments in Hong Kong. Distribution Channel On the life insurance front, in addition to developing traditional branch channels, bancassurers should explore alternative means to reach customers. Banks are experiencing a fall in branch patronage. It is estimated that about 40% of bank customers...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/text-ilens14.pdf -
Date: 2021-11-01
... bancassurance developments in Hong Kong. Distribution Channel On the life insurance front, in addition to developing traditional branch channels, bancassurers should explore alternative means to reach customers. Banks are experiencing a fall in branch patronage. It is estimated that about 40% of bank customers...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/text-ilens14.pdf -
Date: 2021-09-01
... bancassurance developments in Hong Kong. Distribution Channel On the life insurance front, in addition to developing traditional branch channels, bancassurers should explore alternative means to reach customers. Banks are experiencing a fall in branch patronage. It is estimated that about 40% of bank customers...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/text-ilens14.pdf -
Date: 2020-06-19
... characteristics of variable life policies. Variable universal life has increasingly become more popular than variable life, owing to its flexibility. In Hong Kong, investment-linked annuities are not commonly found. The most popular type of investment-linked insurance product is flexible premium variable life...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/sn-long-2015.docx -
Date: 2019-12-02