... data-driven approach pushes the boundaries of Insurtech by reaching those who were previously considered uninsurable. Take diabetes as an example, according to the Hospital Authority’s statistics, there are currently some 700,000 people suffering from diabetes in Hong Kong, representing about 10% of the total...
https://www.ia.org.hk/english/infocenter/files/Speech_for_Harbor_Insurance_Innovation_Summit.pdf -
Date: 2020-06-12
... and control measures) are cordially invited to attend the seminars. Each company can nominate up to a total of three representatives for the two seminars. The seminars are free of charge and two and a half CPD hours will be awarded to the participants. The programme of the seminars is attached at...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20180507.pdf -
Date: 2019-02-01
... customers have taken up the top-up option. Q2 Referring to paragraph 4.2 of the Guideline, please clarify if there is any minimum requirement to classify a product as having refundable feature. For example, does a product refunding 30% (or even smaller) of total premium paid fall into the scope? 2 A2...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL28.pdf -
Date: 2020-09-24
... customers have taken up the top-up option. Q2 Referring to paragraph 4.2 of the Guideline, please clarify if there is any minimum requirement to classify a product as having refundable feature. For example, does a product refunding 30% (or even smaller) of total premium paid fall into the scope? 2 A2...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL28.pdf -
Date: 2020-12-21
... to specify the protection period of the chosen rider benefits. Q 6. Intermediaries are required to take into account the customers’ total protection needs, total disposable assets, financial outgoings and liabilities etc before making recommendation. How detailed such...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_HKFI_FAQ_Initiative_on_FNA_v2_29_1_2016_20190823.pdf -
Date: 2019-12-20
... by the customers, the intermediary should add remark(s) in the FNA Form as appropriate to specify the protection period of the chosen rider benefits. Q 6. Intermediaries are required to take into account the customers’ total protection needs, total disposable assets, financial...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/3_HKFI_FAQ_Initiatives_on_FNA_v3_12_12_2016_20190823.pdf -
Date: 2019-12-20
... the other hand, the emergence of robo-advice also provides a golden opportunity for traditional insurers and other stakeholders to re-think their business model and create a brand new digital experience for users. Employing robo-advice in distribution service would fundamentally change the way that...
https://www.ia.org.hk/english/infocenter/files/Keynote_Speech_AsianInvestor_on_1_Mar.pdf -
Date: 2021-12-09
... the other hand, the emergence of robo-advice also provides a golden opportunity for traditional insurers and other stakeholders to re-think their business model and create a brand new digital experience for users. Employing robo-advice in distribution service would fundamentally change the way that...
https://www.ia.org.hk/english/infocenter/files/Keynote_Speech_AsianInvestor_on_1_Mar.pdf -
Date: 2021-09-08
... the other hand, the emergence of robo-advice also provides a golden opportunity for traditional insurers and other stakeholders to re-think their business model and create a brand new digital experience for users. Employing robo-advice in distribution service would fundamentally change the way that...
https://www.ia.org.hk/english/infocenter/files/Keynote_Speech_AsianInvestor_on_1_Mar.pdf -
Date: 2020-06-12
...: Taking into account annuitants’ possible fear of being disadvantaged for premature death, the HKMC Annuity Plan offers a guarantee of minimum total annuity payment. In the event that the annuitant dies within the Guaranteed Period (i.e. the period that commences from the premium start date and lasts...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018_19update_file8.pdf -
Date: 2019-12-02