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... Individual licensees are required to comply with the Continuing Professional Development (“CPD”) requirements as set out in the Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (“GL24”) issued by the Insurance Authority (“IA”). The first CPD Assessment Period under the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_28022020_insurers.pdf - Date: 2020-12-21
... that its insurance agents meet the fit and proper criteria set out in the Code of Practice for the Administration of Insurance Agents issued by The Hong Kong Federation of Insurers, which include, inter alia, the minimum education requirement, i.e. completion of Form 5 education or equivalent. As the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Fitness_and_Properness_of_Appointed_Insurance_Agents.pdf - Date: 2018-01-12
... shall include the Form of Disclosure set out below (i) in client agreements whether as a broker service agreement, brokers terms of business or similar, and where the validity period does not exceed three years and the express levels of fee or brokerage remuneration to be received by the Member are not...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5_PIBA_Membership_Regulations_v5_15_4_2013_eg19.pdf - Date: 2019-12-20
... insurance agencies and licensed insurance broker companies be changed. Currently (i.e. prior to the promulgation of the proposed F&P Guideline), the minimum education standard for individual licensees is set at completion of Form 5 (i.e. no additional education requirement is required in respect of a...
https://www.ia.org.hk/english/infocenter/files/Conclusions_Paper_Eng_final.pdf - Date: 2019-09-03
... regulate and supervise the insurance industry. This includes regulating and supervising authorized insurers and licensed insurance intermediaries. The IA’s functions and powers are set out in the Insurance Ordinance. Complaints against authorized insurers If your complaint is against an authorized insurer...
https://www.ia.org.hk/english/infocenter/files/how_the_IA_handles_your_complaint_eng.pdf - Date: 2021-12-14
... regulate and supervise the insurance industry. This includes regulating and supervising authorized insurers and licensed insurance intermediaries. The IA’s functions and powers are set out in the Insurance Ordinance. Complaints against authorized insurers If your complaint is against an authorized insurer...
https://www.ia.org.hk/english/infocenter/files/how_the_IA_handles_your_complaint_eng.pdf - Date: 2022-05-24
... Financial Reporting Council that it is a daunting task to set up a new organization. And setting up the independent authority for the insurance industry would not be any easier. It was after deep thoughts and prayers that I agreed to take up the invitation to work in this new - 3 - venture. 7. On being...
https://www.ia.org.hk/english/infocenter/files/Section6.2_160601_HILA_annualdinner.pdf - Date: 2021-12-09
... Financial Reporting Council that it is a daunting task to set up a new organization. And setting up the independent authority for the insurance industry would not be any easier. It was after deep thoughts and prayers that I agreed to take up the invitation to work in this new - 3 - venture. 7. On being...
https://www.ia.org.hk/english/infocenter/files/Section6.2_160601_HILA_annualdinner.pdf - Date: 2021-09-08