... FREQUENTLY ASKED QUESTIONS 1 (as at 22 October 2013) Frequently Asked Questions on Updated Requirements Relating to the Sale of Investment Linked Assurance Scheme (“ILAS”) to Enhance Customer Protection Disclaimer: The list of questions and answers below are for reference only. Members are advised...

... August 2021, the IA’s research team published the findings for its first Mortality Gap Study (the “Study”). These findings showed that there is a “mortality protection gap” in Hong Kong. In Policyholder Corner, we explain what this means to you, the policyholder. So what is a mortality protection gap? If...

... August 2021, the IA’s research team published the findings for its first Mortality Gap Study (the “Study”). These findings showed that there is a “mortality protection gap” in Hong Kong. In Policyholder Corner, we explain what this means to you, the policyholder. So what is a mortality protection gap? If...

... Supervisors (IAIS) • insurance regulators should be financially and operationally independent 2 Purpose to facilitate growth of the insurance industry and protection for policy holders with a modernized regulatory infrastructure 3 Key statutory functions 4 Regulate and supervise insurers and insurance...

... Supervisors (IAIS) • insurance regulators should be financially and operationally independent 2 Purpose to facilitate growth of the insurance industry and protection for policy holders with a modernized regulatory infrastructure 3 Key statutory functions 4 Regulate and supervise insurers and insurance...

... Supervisors (IAIS) • insurance regulators should be financially and operationally independent 2 Purpose to facilitate growth of the insurance industry and protection for policy holders with a modernized regulatory infrastructure 3 Key statutory functions 4 Regulate and supervise insurers and insurance...

... perils”, stressing that “Improved financial inclusiveness and narrowed protection gap will in turn render our economy more resilient to external shocks and the insurance market more sustainable. Performing a dual role as prudential regulator and the promoter of sustainable development of the insurance...

... affected. These events underscore the social value of insurance and remind us of the importance of identifying protection needs, proactively managing risks, and addressing protection gaps. Take motor insurance as an example. Currently, only 37% of car owners in Hong Kong have comprehensive insurance...

... INSURANCE AUTHORITY POLICYHOLDERS’ PROTECTION SCHEME FOR THE INSURANCE INDUSTRY OF HONG KONG DATA COLLECTION TEMPLATE Name of insurer: I certify that: i. The information contained in the submission pack is properly prepared in accordance with the requirements stated in data collection...

... INSURANCE AUTHORITY POLICYHOLDERS’ PROTECTION SCHEME FOR THE INSURANCE INDUSTRY OF HONG KONG DATA COLLECTION TEMPLATE Name of insurer: I certify that: i. The information contained in the submission pack is properly prepared in accordance with the requirements stated in data collection...