... soon as practicable on a regular basis, regarding any complaint, disciplinary or enforcement action or irregular inspection findings involving any insurer or insurance intermediary that it believes is licensed with the SFC; (m) maintaining proper files, records and systems of all transactions and other...

... the pandemic. In times of adversity, however, insurance practitioners have always shown an uncanny ability to face down challenge, adapt and get on with it, by finding ways to provide service to policyholders and to continue to manage society’s risks. Resilience is in the industry’s DNA, as is the...

... comprehensive assessment on an insurance broker for ascertaining its compliance with all the above requirements would be conducted in one onsite inspection. Under this approach, the IA will not only be able to have a better understanding of the corporate culture and internal controls of an insurance broker as a...

... insurance agents who had each used two false academic certificates on different occasions to establish that they had met the minimum education requirements to be insurance agents under the former self-regulatory regime. Both cases were handled in accordance with the requirements in place at the time the...

... taken over the statutory functions of the Office of the Commissioner of Insurance (‘OCI’) to regulate insurance companies with effect from 26 June 2017. The OCI was disbanded on the same day. This Update serves to set out the textual updates to the Study Notes for the General Insurance Examination (2008...

... Insurance Claims Complaints Panel (the ‘Complaints Panel’), which is led by an independent Chairman appointed by the ICB with the prior consent of the Secretary for Financial Services and the Treasury. (b) Of the other four members on the Complaints Panel, two come from the insurance industry and two from...

... (Fri) 10:00 a.m. – 12:00 nn Long-term business English 25 Aug 2017 (Fri) 2:00 p.m. – 4:00 p.m. HKFI will advise you in due course for further information on enrolment. For enquiries relating to briefing sessions, please contact the HKFI at [email protected] or 2520 1868. Communication with the IA...

... Insurance Authority warns against fraudulent Facebook page and website 17 March 2023 The Insurance Authority (IA) today (17 March 2023) wishes to alert members of the public in Hong Kong to a fraudulent Facebook page with the domain name of “https...

... servicing of the insuring public and the employment of insurance staff; (h) the international business that the applicant proposes to carry on in or from Hong Kong would not be detrimental to Hong Kong as an insurance centre (for instance, it would not conflict with international agreements or protocol); (i...

... servicing of the insuring public and the employment of insurance staff; (h) the international business that the applicant proposes to carry on in or from Hong Kong would not be detrimental to Hong Kong as an insurance centre (for instance, it would not conflict with international agreements or protocol); (i...