... June 2017 • IA was vested with certain administrative functions only and co-existed with the Office of the Commissioner of Insurance (OCI) Phase 2 • From 26 June 2017 • Takeover of OCI’s statutory functions • Self-regulatory regime for intermediaries remains unchanged Phase 3 • Within 2 years after 26...
https://www.ia.org.hk/english/infocenter/files/NAIC-OECD-OIC_Joint_Roundtable_on_Insurance_and_Retirement_Saving_in-Asia.pdf -
Date: 2020-06-12
... value plus 75% of the appreciation in value (rule 3(1)(c)). An insurer can opt not to take credit of the appreciation in value (or where there is no recent valuation) and report the net book value 3 (rule 3(1)(a)). Where the market value falls below the net book value, the value of the land or building...
https://www.ia.org.hk/english/legislative_framework/files/GL2.pdf -
Date: 2020-09-24
... Q7 How can I check the amount of the qualifying deferred annuity premiums I paid? A7 The insurer will issue an Annual Summary to you within 40 days after the end of the year of assessment (i.e. 31 March), listing the total amount of qualifying...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/faqs.html -
Date: 2020-07-22
... September 2019 to 22 September 2022 (“transitional period”). During this transitional period, every deemed licensee needs to apply for a new licence from the IA if they wish to continue carrying on regulated activities after 22 September 2022. There are approximately 106,300 deemed licensees, so processing...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_Cut-off_dates_for_deemed_licensee_applications_20220321_ENG.pdf -
Date: 2022-05-31
... up of post-sale service centres in the Greater Bay Area by Hong Kong insurers as a prelude to achieving full-scale financial connectivity. FOrwarD PErSPECTivE Looking ahead, the IA is envisaging another year full of opportunities for the insurance industry. We are committed to collaborating with...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2018_19_English.pdf -
Date: 2021-12-14
... up of post-sale service centres in the Greater Bay Area by Hong Kong insurers as a prelude to achieving full-scale financial connectivity. FOrwarD PErSPECTivE Looking ahead, the IA is envisaging another year full of opportunities for the insurance industry. We are committed to collaborating with...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2018_19_English.pdf -
Date: 2022-05-24
... up of post-sale service centres in the Greater Bay Area by Hong Kong insurers as a prelude to achieving full-scale financial connectivity. FOrwarD PErSPECTivE Looking ahead, the IA is envisaging another year full of opportunities for the insurance industry. We are committed to collaborating with...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2018_19_English.pdf -
Date: 2020-06-23
... after-sales service for cross-border policy holders. These no doubt will open new horizons and gain new momentum for our insurance industry, in terms of product range, level of innovation and depth of expertise. In addition to development of GBA, the Belt and Road Initiative or BRI also bolsters Hong Kong’s...
https://www.ia.org.hk/english/infocenter/files/Moodys_Insurance_Summit.pdf -
Date: 2021-12-09
... after-sales service for cross-border policy holders. These no doubt will open new horizons and gain new momentum for our insurance industry, in terms of product range, level of innovation and depth of expertise. In addition to development of GBA, the Belt and Road Initiative or BRI also bolsters Hong Kong’s...
https://www.ia.org.hk/english/infocenter/files/Moodys_Insurance_Summit.pdf -
Date: 2021-09-08
... after-sales service for cross-border policy holders. These no doubt will open new horizons and gain new momentum for our insurance industry, in terms of product range, level of innovation and depth of expertise. In addition to development of GBA, the Belt and Road Initiative or BRI also bolsters Hong Kong’s...
https://www.ia.org.hk/english/infocenter/files/Moodys_Insurance_Summit.pdf -
Date: 2020-06-12