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... and customary charges” is one of the principles insurers follow when handling claims. The insurer may not offer full reimbursement of the covered items if the claimable amount exceeds a “reasonable and customary charge”, even if it does not exceed the annual policy limit. The insured person will have...
https://www.ia.org.hk/english/infocenter/files/Medical_insurance_making_a_claim_en.pdf - Date: 2021-12-14
... and customary charges” is one of the principles insurers follow when handling claims. The insurer may not offer full reimbursement of the covered items if the claimable amount exceeds a “reasonable and customary charge”, even if it does not exceed the annual policy limit. The insured person will have...
https://www.ia.org.hk/english/infocenter/files/Medical_insurance_making_a_claim_en.pdf - Date: 2022-05-24
... the agent’s licence and prohibiting her from applying to be licensed again for 11 months. The penalty has been imposed because the agent was found not fit and proper in the way she handled certain premium received from her client. On 2 October 2018, the agent received monies from her...
https://www.ia.org.hk/english/infocenter/press_releases/20230127.html - Date: 2023-01-27
... Federation of Insurers for inviting me to this lunch gathering, to meet with all of you and to share with you the mission of the Independent Insurance Authority and the challenges it faces in paving the way for scaling new heights with the insurance industry of Hong Kong in the new economy. 2. When I was...
https://www.ia.org.hk/english/infocenter/files/Section6.2_160421_HKFIlunchtalk.pdf - Date: 2021-12-09
... Federation of Insurers for inviting me to this lunch gathering, to meet with all of you and to share with you the mission of the Independent Insurance Authority and the challenges it faces in paving the way for scaling new heights with the insurance industry of Hong Kong in the new economy. 2. When I was...
https://www.ia.org.hk/english/infocenter/files/Section6.2_160421_HKFIlunchtalk.pdf - Date: 2021-09-08
... Federation of Insurers for inviting me to this lunch gathering, to meet with all of you and to share with you the mission of the Independent Insurance Authority and the challenges it faces in paving the way for scaling new heights with the insurance industry of Hong Kong in the new economy. 2. When I was...
https://www.ia.org.hk/english/infocenter/files/Section6.2_160421_HKFIlunchtalk.pdf - Date: 2020-06-12
... risks of the authorized insurer, a higher Pillar 2 Capital amount should be calculated for the purposes of this Guideline. The Pillar 2 Capital amount should reflect the full range of risks to which the 15 authorized insurer, including those that are not captured in the structure of the regulatory...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Revised_Draft_Guideline_on_Enterprise_Risk_Management.pdf - Date: 2019-11-29
... Commissioner of Insurance. ii TABLE OF CONTENTS Chapter Page 1. RISK AND INSURANCE 1/1 1.1 Concept of Risk 1/1 1.1.1 Meaning of Risk 1.1.2 Classification of Risk 1.1.3 Risk Management 1.2 Functions and Benefits of Insurance 1/4 2. LEGAL PRINCIPLES 2/1 2.1 The Law of Contract 2/1 2.1.1 Definition 2.1.2 Types of...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/sn-p&p-2013.pdf - Date: 2019-12-02