... 3.3 on Pages 36 and 40; and second paragraph on Pages 42 and 47). POST SALE CALLS Q18: Will a PSC or notification letters be required for top-ups? A18: The current practice continues and PSC is not required for top-ups. However, insurers may conduct PSC for top-up if it is considered prudent to do so....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1.FAQ_on_Updated_Requirements_Relating_to_Sale_of_ILAS.pdf -
Date: 2019-12-20
... (Footnote 36 – High risk situations) Consideration might be given to obtaining, and taking reasonable measures to verify, the addresses of directors and account signatories. To be repealed Delay in identity verification (Footnote 18) The same principle applies to the verification of address for a direct...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20171011.pdf -
Date: 2018-01-15
... Analysis 5.2.10 Important Facts Statement for Mainland Policyholder 5.2.11 Relevant Guidelines by Approved Bodies of Insurance Brokers v 5.3 Underwriting 5/36 5.3.1 Underwriting Factors 5.3.2 Medical Reports 5.3.3 Sub-Standard Life and Underwriting Measures 5.4 Policy Issuance 5/40 5.4.1 Policy Delivery...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/11.sn-LT-2017_eng.pdf -
Date: 2019-12-02
...) 5.2.9 Initiative on Financial Needs Analysis 5.2.10 Important Facts Statement for Mainland Policyholder 5.2.11 Relevant Guidelines by Approved Bodies of Insurance Brokers v 5.3 Underwriting 5/36 5.3.1 Underwriting Factors 5.3.2 Medical Reports 5.3.3 Sub-Standard Life and Underwriting Measures 5.4 Policy...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
... policy for employees; outpatient insurance plans; non-indemnity insurance plans including hospital cash plans and critical illness cash plans; and indemnity insurance plans that cover specific illnesses (e.g. cancer) only. (3) An individual IHIP can qualify as either type of Certified Plans, namely a...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P2_SN_eng_2018_2019update_file6.pdf -
Date: 2019-12-02
... multiple-choice questions. The majority of the questions will be very straightforward, involving a simple choice from four alternatives. These we may call Type ‘A’ Questions. A selection of the questions (probably between 10% and 15%) will be slightly more complex, but again involving a choice between four...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/sn-tia-2014.pdf -
Date: 2019-12-02
..., perhaps alongside others, for comparing different annuity policies or comparing an annuity product with another type of financial product. - GL19 requires that the IRR of the annuity policy should be disclosed in the PB both in the form of minimum to maximum IRRs for the guaranteed portion (i.e....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018_19update_file8.pdf -
Date: 2019-12-02
... 2018, there were 72 magistrates sitting in seven Magistrates’ Courts. Law and Order 1.18 Hong Kong is one of the safest cities in the world. There were 56,017 reported crimes (excluding corruption) in 2017, a decrease of 7.6% from 2016. The crime rate stood at 758 cases per 100,000 of population, down...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/hk-risk-assessment-report_e.pdf -
Date: 2021-11-12
... 2018, there were 72 magistrates sitting in seven Magistrates’ Courts. Law and Order 1.18 Hong Kong is one of the safest cities in the world. There were 56,017 reported crimes (excluding corruption) in 2017, a decrease of 7.6% from 2016. The crime rate stood at 758 cases per 100,000 of population, down...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/hk-risk-assessment-report_e.pdf -
Date: 2022-04-27
... 2018, there were 72 magistrates sitting in seven Magistrates’ Courts. Law and Order 1.18 Hong Kong is one of the safest cities in the world. There were 56,017 reported crimes (excluding corruption) in 2017, a decrease of 7.6% from 2016. The crime rate stood at 758 cases per 100,000 of population, down...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/hk-risk-assessment-report_e.pdf -
Date: 2019-11-05