... will become the sole regulator of all insurance intermediaries in Hong Kong. The new regulatory regime for insurance intermediaries will help enhance professional standards of insurance intermediaries, promote a fair and transparent regulatory framework, and encourage a modern and flexible approach to...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_14.05.2019.pdf -
Date: 2019-11-29
...: Bloomberg; CEIC Market Dynamics : Local 4 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 0 10,000 20,000 30,000 40,000 50,000 60,000 New Business Derived from Mainland China Visitors MCV new business premium, HKD million Total New business premium, HKD million % Source: Insurance Authority 5 Thematic Sitelet...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2021.pdf -
Date: 2021-12-09
... recommendation, and for ILAS policies, those set out under 8.1 above. 11. In the recommendation of regular premium policies, Members should include, but without limitation, the following:- 11.1 the ratio of the regular premiums of the recommended products to the clients’ disposable income. When clients...
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
... surely one of the possible marketing strategies. 1.3.2 Pricing Systems The natural and level premium systems for life insurance premium calculations might well be described as "ancient" and "modern" respectively, for reasons that will be clear shortly. 1.3.2a Natural Premium (Pricing) System The natural...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.docx -
Date: 2019-12-02
... calculations might well be described as "ancient" and "modern" respectively, for reasons that will be clear shortly. 1.3.2a Natural Premium (Pricing) System The natural premium system (or the natural premium pricing system) was used by some life insurers in the early days of the business. It was very logical...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.pdf -
Date: 2019-12-02
... and level premium systems for life insurance premium calculations might well be described as "ancient" and "modern" respectively, for reasons that will be clear shortly. 1.3.2a Natural Premium (Pricing) System The natural premium system (or the natural premium pricing system) was used by some life...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
... Enhance Customer Protection (“Updated Requirements”) With reference to our Circular (Ref: Mv135/14) dated 8 December 2014, a revised enclosure (mainly with topographical changes on pages 10 and 30) is enclosed herewith to replace the Updated Requirements. The full set of Updated Requirements is...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4_HKFI_ILAS_Requirements_v4_8_12_2014_20190823.pdf -
Date: 2019-12-20
... and level premium systems for life insurance premium calculations might well be described as "ancient" and "modern" respectively, for reasons that will be clear shortly. 1.3.2a Natural Premium (Pricing) System The natural premium system (or the natural premium pricing system) was used by some life...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/11.sn-LT-2017_eng.pdf -
Date: 2019-12-02
..., fraudulent or unethical means). Representation of Information – refers to complaints relating to the presentation of an insurance product’s features, policy terms and conditions, premium payment terms or returns on investment, dividend or bonus shown on benefit illustrations, etc. Claims – refers to...
https://www.ia.org.hk/english/infocenter/files/Conduct_In_Focus_English.pdf -
Date: 2021-12-14
..., fraudulent or unethical means). Representation of Information – refers to complaints relating to the presentation of an insurance product’s features, policy terms and conditions, premium payment terms or returns on investment, dividend or bonus shown on benefit illustrations, etc. Claims – refers to...
https://www.ia.org.hk/english/infocenter/files/Conduct_In_Focus_English.pdf -
Date: 2022-05-24