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⏭... encouraging the adoption of proper standards of conduct by authorized insurers and licensed insurance intermediaries2. In this regard, the IA is empowered under the IO to take certain disciplinary actions against licensed insurance intermediaries and certain persons (such as a responsible officer (“RO”) of a...
https://www.ia.org.hk/english/enforcement/lii/files/Overview_of_Disciplinary_Process_en.pdf -
Date: 2019-10-15
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Case studies
... Mr A took out a hospitalisation policy for his 11-month-old son. Five days after the policy issuance, his son was admitted to a private hospital for a right herniotomy under general anaesthesia. The final diagnosis was a right inguinal hernia. Mr A subsequently lodged a claim with the insurer. The...
https://www.ia.org.hk/english/medical_insurance/case_studies.html -
Date: 2020-08-24
... Annex A – Final Form of Code of Conduct for Licensed Insurance Agents Annex B – Final Form of Code of Conduct for Licensed Insurance Agents with Track Changes Annex C – List of Respondents Consultation Conclusions on the Draft Code of Conduct for Licensed Insurance Agents 2 Introduction 1. On 28 March...
https://www.ia.org.hk/english/infocenter/files/Consultation_Conclusions_Agents_Code_Eng.pdf -
Date: 2019-09-03
... Annex A – Final Form of Code of Conduct for Licensed Insurance Agents Annex B – Final Form of Code of Conduct for Licensed Insurance Agents with Track Changes Annex C – List of Respondents Consultation Conclusions on the Draft Code of Conduct for Licensed Insurance Agents 2 Introduction 1. On 28 March...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Consultation_Conclusions_Agents_Code_Eng.pdf -
Date: 2019-09-10
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Introduction
... Understanding a Participating Policy What is a participating policy? A participating policy is commonly featured in long term insurance products, such as whole life insurance, endowment insurance or critical illness insurance products that have a...
https://www.ia.org.hk/english/participating_policy/index.html -
Date: 2024-01-18
... 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
... April 2019 Consultation Conclusions on Draft Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules April 2019 Contents Introduction and Executive Summary 1 Feedback Received and Insurance Authority’s Response 4 Conclusions and Next Steps 14 Annex A – Final Form...
https://www.ia.org.hk/english/infocenter/files/Broker_Rules_Conclusions_Eng.pdf -
Date: 2019-09-03
... April 2019 Consultation Conclusions on Draft Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules April 2019 Contents Introduction and Executive Summary 1 Feedback Received and Insurance Authority’s Response 4 Conclusions and Next Steps 14 Annex A – Final Form...
https://www.ia.org.hk/english/infocenter/files/final_Broker_Rules_Conclusions_Eng.pdf -
Date: 2019-09-03
... April 2019 Consultation Conclusions on Draft Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules April 2019 Contents Introduction and Executive Summary 1 Feedback Received and Insurance Authority’s Response 4 Conclusions and Next Steps 14 Annex A – Final Form...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Broker_Rules_Conclusions_Eng.pdf -
Date: 2019-09-10