... of the Insurance Authority (“IA”), I welcome you all to this concurrent session on the topic of “Climate Change: Risks and Opportunities for Insurance”, where a panel of industry representatives gather to share their expertise and insights. The rampage of COVID-19 might have been the focus of...
https://www.ia.org.hk/english/infocenter/files/Asian_Financial_Forum_2021.pdf -
Date: 2021-09-08
... potential financial results; and (b) its cause and effect. 1/2 1.1.2a Financial Results Risks may be considered as being either Pure or Speculative: (i) Pure Risks offer the potential of loss only (no gain), or, at best, no change. Such risks include fire, accident and other undesirable happenings. (ii...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/13.sn-TIA-2017_eng.pdf -
Date: 2019-12-02
... insurer considered that the medical issues of Mr A’s son were related to a congenital condition and declined the hospitialisation claim according to the exclusion clause in the policy terms. Mr A then lodged a complaint to the ICB. The Complaints Panel of the ICB supported the insurer’s...
https://www.ia.org.hk/english/medical_insurance/case_studies.html -
Date: 2020-08-24
... Holders’ Protection Scheme (“PPS”). Further to the consultation with the Legislative Council Panel on Financial Affairs on the legislative proposals in 2018, the enabling legislation for establishing PPS is being prepared with a plan to introduce the relevant bill into the Legislative Council in the 2020...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_02062020.pdf -
Date: 2020-06-15
... Holders’ Protection Scheme (“PPS”). Further to the consultation with the Legislative Council Panel on Financial Affairs on the legislative proposals in 2018, the enabling legislation for establishing PPS is being prepared with a plan to introduce the relevant bill into the Legislative Council in the 2020...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_02062020.pdf -
Date: 2020-12-21
... thank the HKIoD and Adjudicating Panel of the Awards for their assurance and endorsement of the corporate governance practices embraced by the IA itself as well as promoted to the insurance industry.” “The COVID-19 pandemic has presented unprecedented challenges, and good corporate...
https://www.ia.org.hk/english/infocenter/press_releases/20201126.html -
Date: 2020-11-26
...:15-15:35 20 mins Panel Session “Insurtech Innovations for Insurance Intermediaries” Moderator Mr Lapman Lee, Insurtech Committee Co-Chair, FTAHK Panelists Mr John Brisco, CEO, Coherent Group Ms Natalie Fong, Chief Operating Officer, Wesurance Limited 15:35-15:45 10 mins Coffee break 15:45-16:15 30 mins...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Programme_Rundown_FTF_3_May_2019.pdf -
Date: 2019-06-06
... Panel Session “Insurtech Innovations for Insurance Intermediaries” Moderator Mr Lapman Lee, Insurtech Committee Co-Chair, FTAHK Panelists Mr John Brisco, CEO, Coherent Group Ms Natalie Fong, Chief Operating Officer, Wesurance Limited 15:35-15:45 10 mins Coffee break 15:45-16:15 30 mins Interactive...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Programme_Rundown_FTF_3_May_2019_v2.pdf -
Date: 2019-06-06
...) (Amendment) Regulation 2002 which was published in the Gazette (Legal Number 134 of 2002 of Legal Supplement No. 2) and came into effect on 19 July 2002. A copy of the Regulation is enclosed at Annex I. The Regulation is made under the United Nations Sanctions Ordinance which seeks to extend the...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular200802.html -
Date: 2017-06-23
... outbreak is causing serious disruption to normal economic activities and in light of a request made by The Hong Kong Federation of Insurers, we have decided to modify the approach in bringing these GLs into effect. For all GLs except GL 31, we will assess the degree of compliance by authorized insurers and...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_25052020.pdf -
Date: 2020-06-15