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⏭... to put its regulation in statute? We live in a post-modern world where the division of labour is extremely fine. The insurance products and distribution channels have become increasingly sophisticated and diversified. But one thing has not changed: insurance intermediaries are still the frontline...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_2019.pdf -
Date: 2021-12-09
... to put its regulation in statute? We live in a post-modern world where the division of labour is extremely fine. The insurance products and distribution channels have become increasingly sophisticated and diversified. But one thing has not changed: insurance intermediaries are still the frontline...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_2019.pdf -
Date: 2021-09-08
... to put its regulation in statute? We live in a post-modern world where the division of labour is extremely fine. The insurance products and distribution channels have become increasingly sophisticated and diversified. But one thing has not changed: insurance intermediaries are still the frontline...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_2019.pdf -
Date: 2020-06-12
[PDF]
GL9.pdf
... (“IA”) has the responsibility of ensuring that an authorized insurer is able to meet its liabilities or fulfil the reasonable expectations of policy holders. Adequacy of the reserves set aside by an authorized insurer for payment of future claims is an important factor affecting the insurer’s ability...
https://www.ia.org.hk/english/legislative_framework/files/GL9.pdf -
Date: 2020-09-24
... the suggested FNA form as set out in the Appendix. Are Insurers allowed to have certain degree of flexibility on the presentation of the questions and the choice of options as suggested in FNA Form? A 7. As a matter of principle, insurers are required to include all the questions and multiple choice...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_HKFI_FAQ_Initiative_on_FNA_v1_13_11_2015_20190823.pdf -
Date: 2019-12-20
... June 2021 0.0026% From 26 June 2021 to 25 June 2022 0.0031% From 26 June 2022 to 25 June 2023 and each subsequent period of 1 year from 26 June 0.0039% 11. Examples on calculation of variable fee payable are set out in Annex D for reference. PAYMENT OF ANNUAL AUTHORIZATION FEE 12. Payment of the annual...
https://www.ia.org.hk/english/aboutus/role/files/Note_on_annual_authorization_fee.pdf -
Date: 2020-06-15
... June 2021 0.0026% From 26 June 2021 to 25 June 2022 0.0031% From 26 June 2022 to 25 June 2023 and each subsequent period of 1 year from 26 June 0.0039% 11. Examples on calculation of variable fee payable are set out in Annex D for reference. PAYMENT OF ANNUAL AUTHORIZATION FEE 12. Payment of the annual...
https://www.ia.org.hk/english/aboutus/role/files/Note_on_annual_authorization_fee.pdf -
Date: 2021-09-13
... Persons and impose various sanctions on them as set out under the IO. The IA seeks at all time to impose sanctions that should be effective, proportionate and fair. The IA will consider all circumstances of a case and take into account relevant factors, such as: the nature, seriousness and impact of the...
https://www.ia.org.hk/english/enforcement/lii/files/Overview_of_Disciplinary_Process_en.pdf -
Date: 2021-09-13