... this Guidance Note on Annual Certification for Adequate Professional Indemnity Insurance. Background CIB Membership Regulation 5.2 requires our Members to maintain Professional Indemnity Insurance (“PII”) with a minimum limit of indemnity determined with reference to their insurance brokerage income...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_GN_on_An_Cert_for_Prof_Ind_v2_10_6_2009_eg19.pdf -
Date: 2019-12-20
... Joint Inspection on the Use of Premium Financing to Take Out Long Term Insurance Policies in Hong Kong 30 September 2021 Ref: INS/TEC/9/2/2/26 HKMA/B1/15C To: Chief Executives of all authorized insurers carrying on long term insurance business, Responsible Officers of all licensed insurance broker...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_30092021.pdf -
Date: 2021-12-10
... added after policy issuance) needs to be companied by an FNA form? A 1. Treatment for riders should follow the requirement as if it is a basic plan. Q 2. Please provide a definition of 'top‐ups', in particular whether inflation protector option would be considered a top‐up. A 2. Top...
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
... 28 December 2001 To: Chief Executive of all authorized insurance institutions carrying on long term business Dear Sir/Madam, United States Executive Order 13224 ( " Executive Order " ) I...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular281201.html -
Date: 2017-06-23
... three Self-Regulatory Organisations (SROs)1. Under the new regime, a person will require a licence granted by the IA to carry on regulated activities. A person must be fit and proper in order to be licensed and this requirement is ongoing. The draft F&P Guideline outlines the key criteria...
https://www.ia.org.hk/english/infocenter/press_releases/20180928_1.html -
Date: 2018-09-28
... 19 October 2001 To: Chief Executive of all authorized insurance institutions carrying on long term business Dear Sir/Madam, Freezing Terrorist Assets United States Executive Order 13224 ("Executive...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular191001.html -
Date: 2017-06-23
... 5 September 2002 To: Chief Executive of all authorized insurance institutions carrying on long term business Dear Sir/Madam, United States Executive Order 13224 (Executive Order) Further to my...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular050902.html -
Date: 2017-06-23
... 17 May 2002 To: Chief Executive of all authorized insurance institutions carrying on long term business Dear Sir/Madam, United States Executive Order 13224 ("Executive Order" ) Further to...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular170502.html -
Date: 2017-06-23