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⏭... Note on Product Recommendation for Long Term Insurance Business. This Guidance Note shall be read in conjunction with the Guidance Note on Conducting “Know Your Client” Procedures for Long Term Insurance Business. Members are asked to develop appropriate policies and procedures for supervising the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN12_on_Product_Recommend_for_LT_v2_13_10_2015_eg19.pdf -
Date: 2019-12-20
... Handling of medical insurance claims - The IA’s expectations May 2023 In this article we set out the types of practices that the IA would expect to see when assessing the claims handling processes of an insurer in its inspection and...
https://www.ia.org.hk/english/legislative_framework/Conduct_in_Focus_Issue_07_(Special_Supplement_02).html -
Date: 2023-05-12
... Insurance Authority and CIB Membership Regulation 5.3.3(a) require an insurance brokers to keep client monies in a bank account separate from his own monies. The purpose of this Guidance Note is to help Members meet the principles behind the legislation and the regulations, given their varying differences...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN11_Guidance_Note_on_Keeping_of_Separate_Client_Monies_v1_16_8_2013_eg19.pdf -
Date: 2019-12-20
... Requirements specified by the Insurance Authority and CIB Membership Regulation 5.3.3(a) require an insurance brokers to keep client monies in a bank account separate from his own monies. The purpose of this Guidance Note is to help Members meet the principles behind the legislation and the regulations, given...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN11_Guidance_Note_on_Keeping_of_Separate_Client_Monies_v2_12_5_2015_eg19.pdf -
Date: 2019-12-20
... Kong has flourished, it has driven the rapid development of Insurtech, leading the Hong Kong insurance industry into a new era of digitalisation, creating new opportunities for the industry and promoting the sustainable development of the insurance market. The Insurance Authority (IA) has...
https://www.ia.org.hk/english/digital_onboarding/promotion_of_insurtech_development.html -
Date: 2024-01-18
... 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
[PDF]
Cirdd13112020.pdf
... members to refer to the list of high-risk jurisdictions subject to a call for action adopted in February 2020, namely Iran and the Democratic People’s Republic of Korea. While the aforesaid February 2020 statement may not necessarily reflect the most recent status in Iran and the Democratic People’s...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/Cirdd13112020.pdf -
Date: 2020-11-13