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⏭... Insurance Authority signs Memorandum of Understanding with Independent Commission Against Corruption to strengthen cooperation to combat corruption 26 October 2023 The Insurance Authority (IA) and the Independent Commission Against Corruption (ICAC...
https://www.ia.org.hk/english/infocenter/press_releases/20231026.html -
Date: 2023-10-26
... Insurance Authority welcomes reappointment of senior executives 19 June 2020 The Insurance Authority (IA) today (19 June 2020) welcomed the Government’s decision to reappoint Ms Carol Hui as Executive Director, Long Term Business, and Mr Simon...
https://www.ia.org.hk/english/infocenter/press_releases/20200619.html -
Date: 2020-06-19
... insurance policies, the Insurance Authority has the following reply: Insurance policies are private contracts between insurers and policy holders. The Prohibition of Face Covering Regulation made by the Chief Executive in Council under section 2 of the Emergency Regulations Ordinance (Cap. 241...
https://www.ia.org.hk/english/infocenter/press_releases/20191008_1.html -
Date: 2019-10-09
... Supervisory Approach for Licensed Insurance Agents The Insurance Authority ("IA") employs various tools in conducting on-going supervision of licensed insurance agents, broadly comprising off-site monitoring and on-site inspection. The supervisory focus...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/insurance_agents.html -
Date: 2021-07-13
[PDF]
cir_aml_20190715.pdf
... writing to inform you of the following developments: (1) FATF Public Statement The FATF issued an updated statement on 21 June 2019 identifying jurisdictions that have strategic deficiencies in their anti-money laundering and combating the financing of terrorism (“AML/CFT”) regimes. The statement can be...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20190715.pdf -
Date: 2019-12-24
... holding companies and insurance intermediaries in Hong Kong is set out in the Insurance Ordinance. The Insurance Ordinance sets out the requirements for the authorization / designation / licensing, ongoing compliance and reporting obligations of insurers, designated insurance holding companies and...
https://www.ia.org.hk/english/legislative_framework/overview/an_overview_of_the_regulatory_framework.html -
Date: 2021-09-13
...%), mainly comprising $412.6 billion from Individual Life and Annuity (Non-Linked) business (decreased by 7.6%), $28.3 billion from Individual Life and Annuity (Linked) business (decreased by 36.5%), as well as $44.5 billion from Retirement Scheme business (increased by 1.3%). The decrease in revenue...
https://www.ia.org.hk/english/infocenter/press_releases/20230310_1.html -
Date: 2023-03-10
[PDF]
GL15.pdf
... GL15 GUIDELINE ON UNDERWRITING CLASS C BUSINESS Insurance Authority Contents Page 1. Introduction ……………………………………………… 1 2. Relevant Regulatory Documents…………………………. 1 3. Purpose…………………………………………………... 2 4. Duties of the Board of Directors, the Controller and the Appointed Actuary……………………………………….. 3...
https://www.ia.org.hk/english/legislative_framework/files/GL15.pdf -
Date: 2020-09-24
... 1 ASHK Hong Kong Actuarial Summit 2020 “Embracing the New Future” 25 November 2020 Welcome Address by Dr Moses Cheng Chairman of Insurance Authority Peter1 , distinguished guests, friends & colleagues, ladies and gentlemen, Good Morning! It is my great honour and privilege to join all of you here...
https://www.ia.org.hk/english/infocenter/files/Welcome_Address_ASHK_Hong_Kong_Actuarial_Summit_2020.pdf -
Date: 2021-12-09