... insurance policy being purchased is (are) the same; and (c) in order to fund the purchase of the new life insurance policy, the customer is using, or intends to use, some or all of the total cash value of the existing life insurance policy or any savings made or to be made as a result of reducing the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Long_term_policy.pdf -
Date: 2020-06-24
... benefit illustrations, etc. Claims – refers to complaints in relation to insurance claims. The IA cannot adjudicate insurance claims or order payment of compensation. It can, however, handle complaints related to the process by which claims are handled (e.g. delays in processing, lack of controls or...
https://www.ia.org.hk/english/infocenter/files/Conduct_in_Focus_Mar_issue_EN.pdf -
Date: 2022-05-24
... actions for the specific stress scenario. Insurers should also assess and elaborate if the proposed management actions are objective, realistic, achievable, adequate and legal. Detailed elaborations on the management actions should be provided, such as the impact of each individual action, the order the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_28.3.2022_Annex.pdf -
Date: 2022-05-31
... individual concerned towards such a body or insurer or towards any members thereof; (j) has been adjudicated bankrupt by a court, or is currently subject to bankruptcy proceedings, in Hong Kong or elsewhere; (k) has failed to satisfy any judgment debt under an order of a court in Hong Kong or elsewhere; or...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL4Marked-up.pdf -
Date: 2018-01-12
..., including the VHIS. The guideline will provide guidance on the expected standard and practices to ensure fair treatment of customers. 7 (d) Fundamental Features of the VHIS The VHIS is equipped with the following features in order for it to function effectively: (i) Insured Persons under the VHIS must be...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P2_SN_eng_2018_2019update_file6.pdf -
Date: 2019-12-02
... whilst a tropical cyclone warning signal no. 8 or above is in force. (iv) Driving by any person other than an “Insured Driver”, which is usually defined as: (1) The insured, anyone who is driving on the insured’s order or with the insured’s permission, or anyone named in the policy schedule as an...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GI_SN_eng_2018.pdf -
Date: 2019-12-02
... a scheme of arrangement with your creditors or failed to satisfy any judgment debt under an order of a court in Hong Kong or elsewhere? ☐ Yes ☐ No # Business entity means a sole proprietorship, a partnership or a company. VIII. Declaration by Applicant I/We...
https://www.ia.org.hk/english/infocenter/forms/files/Agency_form.pdf -
Date: 2022-01-06
... been subject to receivership, administration, liquidation or other similar proceedings? ☐ Yes ☐ No 8. Has the Body Corporate ever entered into a scheme of arrangement with its creditors or failed to satisfy any judgment debt under an order of a court in Hong Kong or elsewhere? ☐ Yes ☐ No # Business...
https://www.ia.org.hk/english/infocenter/forms/files/Form_S6_Eng_June_2021.pdf -
Date: 2022-01-06
... a scheme of arrangement with your creditors or failed to satisfy any judgment debt under an order of a court in Hong Kong or elsewhere? ☐ Yes ☐ No # Business entity means a sole proprietorship, a partnership or a company. VIII. Declaration by Applicant I/We...
https://www.ia.org.hk/english/infocenter/forms/files/Agency_form.pdf -
Date: 2022-05-31
... been subject to receivership, administration, liquidation or other similar proceedings? ☐ Yes ☐ No 8. Has the Body Corporate ever entered into a scheme of arrangement with its creditors or failed to satisfy any judgment debt under an order of a court in Hong Kong or elsewhere? ☐ Yes ☐ No # Business...
https://www.ia.org.hk/english/infocenter/forms/files/Form_S6_Eng_June_2021.pdf -
Date: 2022-05-31