... Explanatory Note on Licensing Requirements for Banking Sector under Regulatory Regime for Insurance Intermediaries Insurance Authority October 2019 2 1. Introduction 1.1 This Explanatory Note (“Note”) which includes a set of frequently-asked questions (“FAQs”) is issued by the Insurance Authority...

... Explanatory Note on Licensing Requirements for Banking Sector under Regulatory Regime for Insurance Intermediaries Insurance Authority October 2019 2 1. Introduction 1.1 This Explanatory Note (“Note”) which includes a set of frequently-asked questions (“FAQs”) is issued by the Insurance Authority...

...;Insurance Ordinance (Cap.41) (“IO”), and the applicable requirements set out in the rules, regulations, codes and guidelines made or issued under the IO. For monitoring the continuing compliance with the statutory conduct requirements, the IA may apply suitable supervisory tools...

... of 8.0% to HK$59,869 million in 2020. Overall underwriting profit reached HK$2,336 million, up from HK$869 million in 2019. The market was able to achieve premium growth during this difficult time due to positive contributions from Property Damage, General Liability and Pecuniary Loss business. Rates...

... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...

... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...

... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...

... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...

... Recommendation by giving special attention to business relations and transactions with persons, including companies and financial institutions, from the above NCCTs. This is in addition to the requirements set out in the Guidance Note on Prevention of Money Laundering issued by the Insurance Authority....

... Individual licensees are required to comply with the Continuing Professional Development (“CPD”) requirements as set out in the Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (“GL24”) issued by the Insurance Authority (“IA”). The first CPD Assessment Period under the...