... Insurance Authority publishes Annual Report 2017-18 28 November 2018   The Insurance Authority (IA) today (28 November 2018) published its Annual Report 2017-18, which outlines its major work during the year and initiatives to grow the...

... travelled to Taiwan for four days and checked the local weather forecast two days before departure to plan their itinerary. However, the weather forecast predicted that a typhoon would hit Taiwan during their visit. Realizing that he had not yet purchased travel insurance, Mr. Lee took out a policy on the...

... the unique “dual responsibilities” imposed by the Insurance Ordinance i.e. to facilitate sustainable growth and enhance the competitiveness of the insurance industry whilst discharging our responsibilities of protecting the policy holders. 5. In promoting the sustainable growth of the industry, we...

... the unique “dual responsibilities” imposed by the Insurance Ordinance i.e. to facilitate sustainable growth and enhance the competitiveness of the insurance industry whilst discharging our responsibilities of protecting the policy holders. 5. In promoting the sustainable growth of the industry, we...

... the unique “dual responsibilities” imposed by the Insurance Ordinance i.e. to facilitate sustainable growth and enhance the competitiveness of the insurance industry whilst discharging our responsibilities of protecting the policy holders. 5. In promoting the sustainable growth of the industry, we...

... also disclose the information in respect of the relevant policies, namely, policy number, date of issue, term, policy type and benefits illustration. The Code of Practice for Life Insurance Replacement requires you to provide this information within 10 working days. List of Policyholders Name ID Card...

... Insurance; “Underlying funds” means those funds or assets to which value of a policy of Linked Long Term Insurance is linked. Client Agreement in Writing A Member, who is engaged in Linked Long Term Insurance Business, shall enter into a written agreement with that client (Client Agreement), and shall...

..., after all, the great strength of the insurance industry lies, among others, on their innovativeness in devising policies tailored to suit the needs of prospective policy holders. 4.3. For the avoidance of doubt, it is not the intention of the IA to include conventional or traditional participating...

... New Statutory Requirements The key requirements include: Activity-based Regime Under Section 64G of the Insurance Ordinance (Cap. 41) (the Ordinance), a person who carries on or holds out to carry on a regulated activity in the course of...