... policyholder is most likely to view of the notice. Responsibilities of licensed individual insurance agents If an individual insurance agent is given authority by an insurer to collect premium, it is imperative that the agent only collects premium within the limits of that authority and handles the premium in...
https://www.ia.org.hk/english/infocenter/files/Conduct_In_Focus_English.pdf -
Date: 2022-05-24
... insurance intermediaries to possess adequate analytical skills (as demonstrated by a basic level of Mathematics attained in the HKDSE) to enable them to understand and evaluate customers’ (insurance and financial) needs and make suitable recommendations. In view of the above, we consider it appropriate to...
https://www.ia.org.hk/english/infocenter/files/Conclusions_Paper_Eng_final.pdf -
Date: 2019-09-03
... corporate governance, as well as better risk management and capital management, with a view to fostering a cultural change among insurers. The framework should enable greater policyholder awareness of the financial strength of insurers. The framework should be broadly consistent across financial...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_paper.pdf -
Date: 2019-09-03
... assessed from the point of view of the customer looking to purchase the ILAS product. As such, it would generally depend on the knowledge and experience of a particular customer, which the licensed insurance intermediary should ascertain during the Risk Profile Questionnaire (“RPQ”) process. Paragraph 4.2...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes.pdf -
Date: 2020-09-24
... assessed from the point of view of the customer looking to purchase the ILAS product. As such, it would generally depend on the knowledge and experience of a particular customer, which the licensed insurance intermediary should ascertain during the Risk Profile Questionnaire (“RPQ”) process. Paragraph 4.2...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL_26_Interpretation_Notes_Eng.pdf -
Date: 2020-06-24
... assessed from the point of view of the customer looking to purchase the ILAS product. As such, it would generally depend on the knowledge and experience of a particular customer, which the licensed insurance intermediary should ascertain during the Risk Profile Questionnaire (“RPQ”) process. Paragraph 4.2...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes.pdf -
Date: 2019-11-29
... and fair view of its financial position and its results. 5.4.2 The records referred to in Regulation 5.4.1 above shall be kept: (a) in writing or in such a manner as to enable them to be readily accessible and readily converted into written form; and (b) in sufficient detail to show separately...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/11a_CIB_Membership_Regulations_v11_15_7_2015_English_eg19.pdf -
Date: 2019-12-20