... Kong Federation of Insurers. 3A n n u a l R e p o r t 2 0 1 9 - 2 0 Chairman’s message ProMoTinG coMPeTiTiveness hong kong is a mature market, boasting top insurance density and penetration rates. Consolidating it as a premier base for regional headquarters set up by major i n t e r n a t i o n a l g r...

... 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...

... 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...

... 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...

... effect from 15 April 2013. For your information, the development of this set of Regulations is in response to the landmark judgment of the Hobbins case in early 2012, that the Confederation has sought legal advice on the appropriate course of action. Professional Insurance Brokers Association (“PIBA...

... disciplinary actions against Regulated 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...

... disciplinary actions against Regulated 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...

...% 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 authorization fee should be made by a Hong Kong dollar cheque, bank draft or bank transfer payable to “Insurance Authority” before the insurer’s...

... Licensed Insurance Broker Companies) Rules (Cap. 41L) Savings and Transitional Arrangements The Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules (Cap. 41L) (“Broker Rules”) came into force on 23 September 2019. The Broker Rules set out the requirements applicable...