Filter
Year
Content Type
File Type
Search Results
⏮
⏴
⏵
⏭[HTML]
Introduction
... Decoding Premium Financing and its Risks What is Premium Financing? Premium financing is an insurance funding arrangement whereby a policy holder borrows funds from a financial institution (usually a bank) to pay the premium of a new insurance policy...
https://www.ia.org.hk/english/premium_financing/index.html -
Date: 2024-01-18
... Supervisory standards and requirements When carrying on business involving the use of premium financing, insurers and insurance intermediaries must comply with the Guideline on Underwriting Long Term Insurance Business (other than Class C Business) (GL16...
https://www.ia.org.hk/english/premium_financing/supervisory_standards_and_requirements.html -
Date: 2024-01-18
... Note on Collection of Levy on Insurance Premium (Version 1.6) Page 1 INSURANCE AUTHORITY Note on Collection of Levy on Insurance Premium (the “Note”) Revised – March 2018 INTRODUCTION The Insurance (Levy) Order (the “Order”) specifies the prescribed classes of insurance business and types of...
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/Notes_on_collection_of_Levy_on_Insurance_Premiumv2.pdf -
Date: 2019-10-23
[PDF]
11.sn-LT-2017_eng.pdf
... policy dividends or dividends. Though no policy dividends are guaranteed, participating policies are subject to higher premium rates than equivalent Non-Participating policies. Note: 1 While U.S. insurers talk of par and non-par policies and dividends, U.K. insurers issue policies which are either With-...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/11.sn-LT-2017_eng.pdf -
Date: 2019-12-02
[DOCX]
P3_SN_eng_2016.docx
... any, of the insurer, normally on the policy anniversary dates. Such proceeds are termed policy dividends or dividends. Though no policy dividends are guaranteed, participating policies are subject to higher premium rates than equivalent Non-Participating policies. Note: 1 While U.S. insurers talk of...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.docx -
Date: 2019-12-02
[PDF]
P3_SN_eng_2016.pdf
... guaranteed, participating policies are subject to higher premium rates than equivalent Non-Participating policies. Note: 1 While U.S. insurers talk of par and non-par policies and dividends, U.K. insurers issue policies which are either With- Profit or Without-Profit, and declare bonuses. The concept is the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.pdf -
Date: 2019-12-02
... policy dividends or dividends. Though no policy dividends are guaranteed, participating policies are subject to higher premium rates than equivalent Non-Participating policies. Note: 1 While U.S. insurers talk of par and non-par policies and dividends, U.K. insurers issue policies which are either With-...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
[PDF]
Circular_01042022.pdf
... Circular on the supervisory standards and key requirements on the use of premium financing to take out long term insurance policies /….. 1 April 2022 Our Ref: INS/TEC/9/2/2/26 To: Chief Executives of authorized insurers carrying on long term business and responsible officers of licensed insurance...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_01042022.pdf -
Date: 2022-05-31
... above. By providing the annuitant with a steady stream of guaranteed monthly annuity payments (which are fixed 2 amounts) after receiving a single premium, the HKMC Annuity Plan enables the annuitant to better plan his retirement life. Interested persons can make sales appointments with the HKMCA...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018_19update_file8.pdf -
Date: 2019-12-02
... Enforcement collaboration between IA and HKMA - Insurance Authority bans Chan Ka Hey for six months for fabrication of a client’s direct debit authorization form for premium payment 15 August 2023 This press release is issued jointly by the...
https://www.ia.org.hk/english/infocenter/press_releases/20230815.html -
Date: 2023-08-15