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... capture business opportunities, and more importantly, extend the capacity of the insurance industry; thus enhancing its sustainable development.” The bill also seeks to expand the scope of insurable risks of captive insurers set up in Hong Kong, helping the industry capitalise on business...
https://www.ia.org.hk/english/portal_for_insurers/brief/20200320.html - Date: 2020-12-04
... capture business opportunities, and more importantly, extend the capacity of the insurance industry; thus enhancing its sustainable development.” The bill also seeks to expand the scope of insurable risks of captive insurers set up in Hong Kong, helping the industry capitalise on business...
https://www.ia.org.hk/english/infocenter/press_releases/20200320.html - Date: 2020-03-20
..., coordination and liaison must be stepped up to inject more impetus into the real economy,” he added. The four insurance regulators exchanged views on latest market development trends and regulatory updates, proposals to enhance connectivity within the GBA, cross-boundary dispute resolution and...
https://www.ia.org.hk/english/infocenter/press_releases/20230330_1.html - Date: 2023-03-31
... the insurance industry at large, provisions in its Section 7 (Suitability Assessment) and Section 8 (Advice to Client) are of relevance to the business conduct of insurance brokers. This CIB Guidance Note is issued to reflect the additional requirements arising therefrom on the product recommendation...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN12_on_Product_Recommend_Includ_LLT_v1_18_12_2014_eg19.pdf - Date: 2019-12-20
... continue to adhere strictly to the principle of fair treatment of customers. For details, please refer to the IA circulars issued to authorized life insurers on 21 February, 27 March, 15 June, 4 September, 2 December 2020, 24 February, 27 May, 13 September 2021, 4 March and 9...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/temporary_facilitative_measures.html - Date: 2024-01-18
... the relevant requirements. The FAQs are not intended to be exhaustive, and will be kept under review and updated when necessary. This Circular shall come into effect on 23 September 2019. Should you have any questions, please contact your case officers. Yours faithfully, Carol Hui Executive Director...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_providing_Interpretation_Notes_relating_to_the_Guideline_on_Sale_of_Investment_Linked_Assurance_Scheme_Products.pdf - Date: 2019-11-29
... the appointment of Mr Clement Cheung, Chief Executive Officer of the Insurance Authority, as a member of its Executive Committee. “It is my great honour and privilege to have been elected to serve on the IAIS Executive Committee by members in Asia, where the next wave of business...
https://www.ia.org.hk/english/infocenter/press_releases/20190220.html - Date: 2019-02-20
... published an article on life annuities. He constructed the first mortality table to provide a link between life insurance premiums and average life spans2. ● In 1756, James Dodson reworked the mortality table, linking premium rate to age 3. Life insurance continues to evolve, and its scope has been expanded...
https://www.ia.org.hk/english/infocenter/files/Mortality_Protection_Gap_Report_eng.pdf - Date: 2021-12-14
... published an article on life annuities. He constructed the first mortality table to provide a link between life insurance premiums and average life spans2. ● In 1756, James Dodson reworked the mortality table, linking premium rate to age 3. Life insurance continues to evolve, and its scope has been expanded...
https://www.ia.org.hk/english/infocenter/files/Mortality_Protection_Gap_Report_eng.pdf - Date: 2022-05-24
... imposed by the United States Government on a number of individuals in the Mainland and Hong Kong on 7 August 2020. An IA spokesperson said, “In assessing potential impact arising from the sanctions, market participants should take into account the full spectrum of legal, business and commercial...
https://www.ia.org.hk/english/infocenter/press_releases/20200808.html - Date: 2020-08-08