... section 69 or 70 or the withdrawal is justified in the interests of policy holders or potential policy holders or the public. The IA also has the power under section 74 of the IO to require insurers, insurance agents, insurance brokers and approved bodies of insurance brokers to produce books...

... general stability of the insurance industry and protect policy holders. Since its establishment in December 2015, the IA has been preparing for the takeover of regulatory functions in phases. The enhanced regulatory regime has expanded the scope of regulatory oversight over insurance companies....

...   Important Note: Frequently Asked Questions ("FAQs") in relation to Enforcement below are designed to be read in conjunction with the guidelines issued by the Insurance Authority, and the key terms and abbreviations used have the same meanings as in...

...   Important Note: Frequently Asked Questions ("FAQs") in relation to Enforcement below are designed to be read in conjunction with the guidelines issued by the Insurance Authority, and the key terms and abbreviations used have the same meanings as...

... and guidelines are being finalised and broad agreement has been reached on a mechanism to deal with disciplinary cases of intermediaries; we are ready to roll out the new direct regulatory regime of insurance intermediaries according to schedule. Furthermore, the long-awaited bill on the Policy...

... and guidelines are being finalised and broad agreement has been reached on a mechanism to deal with disciplinary cases of intermediaries; we are ready to roll out the new direct regulatory regime of insurance intermediaries according to schedule. Furthermore, the long-awaited bill on the Policy...

... and guidelines are being finalised and broad agreement has been reached on a mechanism to deal with disciplinary cases of intermediaries; we are ready to roll out the new direct regulatory regime of insurance intermediaries according to schedule. Furthermore, the long-awaited bill on the Policy...

... Insurance Authority welcomes appointment of new Executive Director 23 January 2024 The Insurance Authority (IA) today (23 January 2024) welcomed a decision made by the Government to appoint Mr Clement Lau as Executive Director, Policy and...

... insurance policies in Hong Kong A) Customers’ Affordability Affordability Assessment 1. Premium financing (hereinafter referred as “PF”) is in substance a loan with the life insurance policy (hereinafter referred as “policy”) being used as the collateral. Customers utilising PF facilities would need to make...

... IA's Power of Intervention IA's Power of Intervention The Insurance Authority (“IA”) has the power, under section 66 of the Insurance Ordinance (Cap.41) (“IO”) to direct an insurer to de-register an appointed insurance...