... matter before it in this respect). A copy of the newly added Q&As in the IN is attached to this circular. The full set of the Q&As of the updated IN can be downloaded from the website of the IA. Should you have any questions to this circular, please contact your case officers. Yours faithfully, Carol Hui...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_31082021.pdf -
Date: 2021-09-09
... Federation of Insurers (“HKFI”) and Citi, aims to study data needs, identify data gaps, and recommend ways to address such gaps identified to support green and sustainable finance. The repository contains a set of available data sources for assisting climate risk management and other green and sustainable...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_01042022_GSF.pdf -
Date: 2022-05-31
... Functional Committees The Insurance Authority ("IA") has set up four functional committees, namely the Audit and Risk Committee, the Corporate Services Committee, the External Relations Committee and the Regulatory Instruments Committee to facilitate its...
https://www.ia.org.hk/english/aboutus/governance/functional_committees.html -
Date: 2022-02-08
... tasked by the Government to issue guidelines to set out the criteria for deferred annuity products to become a Qualifying Deferred Annuity Policy (QDAP). Deferred Annuity as a Retirement Planning Tool An annuity is a retirement planning tool that can help...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/index.html -
Date: 2024-01-19
... Treasury, said at the ceremony, “As set out in the Development Roadmap for the Insurance Sector in Hong Kong published by the Government in December last year, we endeavour to be a facilitator in the national ‘Dual Circulation’ strategy through enhancing connectivity with the Mainland and...
https://www.ia.org.hk/english/infocenter/press_releases/20230328.html -
Date: 2023-03-28
... • Grounds on which such powers may be exercised clearly set out • Procedure requirements for exercising such powers • Take note of GL 18 11 Insurance Appeals Tribunal (IAT) • The IAT has been established to review specified decisions (including disciplinary decisions) made by IA (s.97 and Sch.10) • Mr...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_Roles_of_IA_New_regulation_landscape_for_insurance_cos.pdf -
Date: 2020-06-12
... the QIS 1 results on or before 1 December 2017 Data analysis will be performed thereafter Preparation of QIS 2 2 Process for Development of QIS 1 Engagement with Industry 3 • 4 Industry Focus Groups (IFG) set up in Oct 2016 • Members of IFGs • Actuarial Society of Hong Kong (ASHK) • Hong Kong...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/RBC_170831.pdf -
Date: 2018-08-01
... which a licensed individual insurance agent or a licensed insurance agency may be appointed under the new section 64I(1) of the IO and the related rules for counting the number of insurers. 2. The draft Rules, for the most part, reflect the existing requirements as set out in the Code of Practice for...
https://www.ia.org.hk/english/infocenter/files/final_Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-03
... which a licensed individual insurance agent or a licensed insurance agency may be appointed under the new section 64I(1) of the IO and the related rules for counting the number of insurers. 2. The draft Rules, for the most part, reflect the existing requirements as set out in the Code of Practice for...
https://www.ia.org.hk/english/infocenter/files/Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-03