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⏭... refused to return the remaining amount unless the complaint was withdrawn and a public apology was issued. Later the insurance agent returned a further RMB3,000. The complaint prompted the insurer to conduct an audit call on all of the agent’s clients whose policies had lapsed within the...
https://www.ia.org.hk/english/infocenter/press_releases/20231106.html -
Date: 2023-11-06
[PDF]
GL16.pdf
... GL16 GUIDELINE ON UNDERWRITING LONG TERM INSURANCE BUSINESS (OTHER THAN CLASS C BUSINESS) Insurance Authority Contents Page 1. Introduction………………………………………………. 1 2. Relevant Regulatory Documents…………………………. 1 3. Purpose…………………………………………………… 2 4. Duties of the Board of Directors, the Controller and...
https://www.ia.org.hk/english/legislative_framework/files/GL16.pdf -
Date: 2020-09-24
... agent by prohibiting her from applying to be licensed for 18 months. The penalty was imposed because the agent was found not to be a fit and proper person after having forged the client’s instructions and fabricated the client’s signature on two separate occasions between December 2021 and...
https://www.ia.org.hk/english/infocenter/press_releases/20230529.html -
Date: 2023-05-29
... Note on Collection of Levy on Insurance Premium (Version 1.6) Page 1 INSURANCE AUTHORITY Note on Collection of Levy on Insurance Premium (the “Note”) Revised – March 2018 INTRODUCTION The Insurance (Levy) Order (the “Order”) specifies the prescribed classes of insurance business and types of...
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/Notes_on_collection_of_Levy_on_Insurance_Premium_v1.6.pdf -
Date: 2019-10-23
...; Mr Tsang followed up on the incident by assisting his client to obtain insurance and explain the situation to the Labour Department; Mr Tsang’s otherwise clean disciplinary record; and the need to send a message to deter similar conduct. For further...
https://www.ia.org.hk/english/infocenter/press_releases/20231222.html -
Date: 2023-12-22
... Circulars on Regulatory Matters 2019 Date Subject 29 November 2019 GL31: Guideline on Medical Insurance Business (Insurers) GL31: Guideline on Medical...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2019.html -
Date: 2019-11-29
...” We are pleased to inform you that the Insurance Authority (“IA”) has formed its Disciplinary Panel Pool (“DPP”), which will serve as an important part of the architecture of the IA’s disciplinary process going forward. As part of the disciplinary process, it is intended that decisions on disciplinary...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_30102020_Formation_of_the_DPP_Publication_of_Conduct_in_Focus.pdf -
Date: 2020-12-21
... Ref : Mv093/15 To : Chief Executive Officer, Life Insurance Companies not being Members of the Hong Kong Federation of Insurers cc : Ms Carol Hui, Assistant Commissioner of Insurance From : Andy Robinson, Chairman, Life Insurance Council (“LIC”) Date : 16 July 2015 Subject : Initiative on Financial...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5_HKFI_Initiative_on_FNA_v5_14_7_2015_20190823.pdf -
Date: 2019-12-20
... Circulars on Regulatory Matters 2018 Date Subject 30 November 2018 Explanatory Note on Licensing Requirements for Employees of Authorized Insurers under...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2018.html -
Date: 2018-11-30
... Circulars on Regulatory Matters 2008 Date Subject 15 October 2008 Employees' Compensation Insurance (Direct Business) Statistics for 2007...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2008.html -
Date: 2017-06-23