... Ordinance (Cap. 41) (“the Ordinance”) with reference to the requirements set out in the Insurance Core Principles, Standards, Guidance and Assessment Methodology (“ICP”) promulgated by the International Association of Insurance Supervisors. It sets out prudent practices pertinent to reinsurance management...
https://www.ia.org.hk/english/legislative_framework/files/GL17.pdf -
Date: 2020-09-24
... the top places in the world in terms of insurance penetration. Fifteen of the 20 largest insurers worldwide have set foot in Hong Kong, creating a lot of employment opportunities. The solid foundation of our insurance industry remains intact despite the impact of the global financial crisis, China-US...
https://www.ia.org.hk/english/infocenter/files/Article_contributed_by_Dr_Moses_Cheng_200609.pdf -
Date: 2021-12-09
... the top places in the world in terms of insurance penetration. Fifteen of the 20 largest insurers worldwide have set foot in Hong Kong, creating a lot of employment opportunities. The solid foundation of our insurance industry remains intact despite the impact of the global financial crisis, China-US...
https://www.ia.org.hk/english/infocenter/files/Article_contributed_by_Dr_Moses_Cheng_200609.pdf -
Date: 2021-09-08
... and Annual Fees for Designated Insurance Holding Companies) Regulation (Cap. 41N) The designation fee and an annual fee payable by a designated insurance holding company are set at a flat rate of 0.0026% of the group insurance liabilities of the DIHC, with a fee...
https://www.ia.org.hk/english/legislative_framework/overview/latest_legislative_developments.html -
Date: 2023-11-01
... corporates.” Teresa Ko, Vice Chair of the IFRS Foundation said: “Heartfelt congratulations to the ISSB on its inaugural set of two standards. It is an exciting and historic moment as we see the creation of a single set of investor-focused sustainability-related disclosures that could be...
https://www.ia.org.hk/english/infocenter/press_releases/20230627.html -
Date: 2023-06-27
... the top places in the world in terms of insurance penetration. Fifteen of the 20 largest insurers worldwide have set foot in Hong Kong, creating a lot of employment opportunities. The solid foundation of our insurance industry remains intact despite the impact of the global financial crisis, China-US...
https://www.ia.org.hk/english/infocenter/files/Article_contributed_by_Dr_Moses_Cheng_200609.pdf -
Date: 2020-06-12
..., but the following table indicates areas of particular importance: Chapter Relative Weight 1 2.5% 2 20% 3 35% 4 32.5% 5 10% Total 100% Calculators brought into the examination centre are subject to inspection. Non-programmable electronic calculators may be used in examination, provided that the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/sn-long-2015.docx -
Date: 2019-12-02
... outlined above within the 18-month period (see conditions (1)(i) and (ii) above), and not renew or continue (but terminate) the appointment of any individual licensee who fails to comply by the expiry of the 18-month period. Enquiries If you have any enquiries concerning RIME and the measures set out in...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_RIME_15032022_ENG.pdf -
Date: 2022-05-31
... registration or deregistration, termination of appointment, terms and conditions of agency agreement, remuneration arrangement, etc.) Representation of Information 23% Claims 16% Conduct 17% Business or Operations 19% Services 11% Insurance Intermediary against Insurer 9% Others 5% (a) Total: 933 (f) (e) (d...
https://www.ia.org.hk/english/infocenter/statistics/files/Summary_Complaints_received_by_IA_20170626_20180331_Eng.pdf -
Date: 2020-09-28
... arrangement, etc.) 38 Others 45 Total: 648 Explanatory Note: Under the current self-regulatory system for insurance intermediaries, some complaints against insurance intermediaries might have been lodged directly with the three Self-Regulatory Organizations (i.e. Insurance Agents Registration Board, The...
https://www.ia.org.hk/english/infocenter/statistics/files/Summary_Complaints_received_by_IA_20170626_to_20171231_Eng.pdf -
Date: 2020-09-28