... Insurance Authority warns against a mobile application with unauthorized use of insurer’s logo 1 February 2019 The Insurance Authority (IA) today (1 February 2019) alerted the public to a mobile application called Planto, which uses the logo...

... Under the Insurance Ordinance, with effect from 1 January 2018, levies for insurance premiums are payable by policy holders to the IA through their insurance companies. To reduce the impact on policy holders and to allow time for adaptation, an incremental approach has been adopted. As stipulated in the...

... Supervisory standards and requirements When carrying on business involving the use of premium financing, insurers and insurance intermediaries must comply with the Guideline on Underwriting Long Term Insurance Business (other than Class C Business) (GL16...

...”, i.e. focus on customers. Just to give a few examples on “customer centric”: Some insurers have introduced e-onboarding and e-Financial Needs Analysis (e-FNA) to speed up the underwriting process; some are employing chatbots with artificial intelligence to handle customers’ enquiries on insurance...

...”, i.e. focus on customers. Just to give a few examples on “customer centric”: Some insurers have introduced e-onboarding and e-Financial Needs Analysis (e-FNA) to speed up the underwriting process; some are employing chatbots with artificial intelligence to handle customers’ enquiries on insurance...

...”, i.e. focus on customers. Just to give a few examples on “customer centric”: Some insurers have introduced e-onboarding and e-Financial Needs Analysis (e-FNA) to speed up the underwriting process; some are employing chatbots with artificial intelligence to handle customers’ enquiries on insurance...

... up to date in line with the latest international requirements as promulgated by the Financial Action Task Force. The consultation document is available on the website of the FSTB (https://www.fstb.gov.hk/fsb/ppr/consult/consult_amlo.htm). You are welcome to submit your views and comments on the...

... Insurance Authority’s visit to National Financial Regulatory Administration 1 August 2023 Mr Stephen Yiu, Chairman of the Insurance Authority (IA) and Mr Clement Cheung, Chief Executive Officer of the IA met with Mr Li Yunze, the Minister of...

... an online assessment tool complemented by a thematic sitelet developed in-house. Anchored on the Mortality Protection Gap Study 20211 , the online assessment tool provides users with a convenient way to evaluate their mortality protection gap by filling in some basic information....

... measures are maintained to comply with these prior approval and notification requirements. Please see Appendix II for further details relating to section 14 of the Ordinance. III. INTERVENTION REQUIREMENTS IMPOSED ON AN AUTHORIZED INSURER BY THE IA Part V (sections 26 to 41) of the Ordinance provides the...