... processing the application. 1. Application for Insurance Agency Licence (Form A5); 2. Application for Proposed Appointment of a Responsible Officer (Form A3); 3. Individual Licence Application by the proposed Responsible Officer (Form A1) together with the supporting documents as stated in the Notes on...

... insureds. We therefore propose to establish a capital requirement in the amount of 1.5% of an insurance company’s total balance sheet assets, for exposure to operational risks. This document presents a review of trends and developments throughout the world, a review of types of models for capital adequacy...

... insureds. We therefore propose to establish a capital requirement in the amount of 1.5% of an insurance company’s total balance sheet assets, for exposure to operational risks. This document presents a review of trends and developments throughout the world, a review of types of models for capital adequacy...

... action follows an investigation by the IA which found that between January 2015 and 2017, the Companies (under the names of Metlife Limited and Metropolitan Life Insurance Company of Hong Kong Limited) contravened seven specified provisions, namely sections 5(1), 10(1), 10(2), 15, 19(1), 19(3) and 23 of...

... Page 1 of 3 Practice Note supplementing Standard and Practice 5.4 of the Code of Conduct for Licensed Insurance Brokers in relation to Client Agreements which a Licensed Insurance Broker Company enters into with a client for Linked Long Term Business A. Introduction 1. Standard and Practice 5.4(a...

... Page 1 of 3 Practice Note supplementing Standard and Practice 5.4 of the Code of Conduct for Licensed Insurance Brokers in relation to Client Agreements which a Licensed Insurance Broker Company enters into with a client for Linked Long Term Business A. Introduction 1. Standard and Practice 5.4(a...

... Insurance Authority warns against unauthorized social media platform 5 February 2020 The Insurance Authority (IA) today (5 February 2020) alerted the public to an unauthorized social media platform with the domain name of “https...

... Future Task Force of the Insurance Industry Virtual Meeting of the Working Group on Embracing Fintech in Hong Kong 24 March 2022 Theme: Federated Learning and Data Privacy Time Duration Programme 10:15 – 10:20 5 mins Welcome remarks Mr Stephen Yiu, Chairman, Insurance Authority (IA) 10:20 – 10:28...

...……………...….…………………………... 4 5. Policy Replacement………………...…...………………………... 5 6. Important Facts Statement – Policy Replacement……….……….. 7 7. Internal Policy Replacements……….……...…………………….. 8 8. Complaints Monitoring…………………………………………... 9 9. Effective Controls and Procedures to be established by Authorized Insurers, Licensed...

...……………...….…………………………... 4 5. Policy Replacement………………...…...………………………... 5 6. Important Facts Statement – Policy Replacement……….……….. 7 7. Internal Policy Replacements……….……...…………………….. 8 8. Complaints Monitoring…………………………………………... 9 9. Effective Controls and Procedures to be established by Authorized Insurers, Licensed...