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⏭... 21 April 2017. The amendments take effect from 26 June 2017. Please note that the Notice, among others, has added a new sub-paragraph (d) to the definition of “statutory business” under paragraph 1(1), Part 1 of Schedule 3, namely, “(d) the business of insurance against liability described in section...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/letter_to_all_GI_insurers_june_2017_r3.pdf -
Date: 2018-01-12
... Consultation Paper on the Draft Insurance (Group Capital) Rules Consultation Paper on Draft Insurance (Group Capital) Rules 1 FOREWORD 1. This paper is published by the Insurance Authority to consult the public on the draft rules to be made under section 129 of the Insurance Ordinance (Cap. 41...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_the_Draft_Insurance_Group_Capital_Rules_ENG.pdf -
Date: 2020-08-19
... (Revised as at Oct 2008) 1 This is an IMPORTANT PART of the Code of Practice for Life Insurance Replacement (“Code”) and the Minimum Requirements as specified by the Insurance Authority under the Insurance Companies Ordinance (“Minimum Requirements”) but does not form part of the application...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5a_HKFI_CoP_Life_Ins_Replacement_v5_1_10_2008_20190823.pdf -
Date: 2019-12-20
... insurance industry for the first three quarters of 2023, showing a decrease of total gross premiums by 1% to $428.6 billion over the corresponding period in 2022. (Percentage figures shown in brackets represent year-on-year changes) Long term business Total revenue...
https://www.ia.org.hk/english/infocenter/press_releases/20231130.html -
Date: 2023-11-30
... Consultation Conclusions on: (1) Draft Guideline on Fit and Proper Criteria for Licensed Insurance Intermediaries under the Insurance Ordinance (Cap. 41) and (2) Draft Guideline on Continuing Professional Development for Licensed Insurance Intermediaries July 2019 Contents Executive Summary 1...
https://www.ia.org.hk/english/infocenter/files/Conclusions_Paper_Eng_final.pdf -
Date: 2019-09-03
[PDF]
GL6.pdf
... Guidance Note on Reserving of Mortgage Guarantee Insurance GL6 GUIDELINE ON RESERVING FOR MORTGAGE GUARANTEE BUSINESS Insurance Authority Contents Page 1. Introduction ……………………………………………… 1 2. Mortgage Guarantee Business…………………………… 1 3. Application of this Guideline………………….…………. 1 4. Adequacy of...
https://www.ia.org.hk/english/legislative_framework/files/GL6.pdf -
Date: 2020-09-24
... following initiatives which can be downloaded from the HKFI website: Initiative on FNA (effective on 1 January 2016) http://www.hkfi.org.hk/pdf/en/download/Initiative%20on%20Financial%20Needs%20Analysis _1Jan16.pdf Updated Requirements Relating to the Sale of ILAS to Enhance Customer Protection (effective...
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
... Page 1 of 2 Practice Note supplementing Standard and Practice 7.1 of the Code of Conduct for Licensed Insurance Brokers in relation to Disclosure Requirements for Remuneration received by a Licensed Insurance Broker Company from an Insurer A. Introduction 1. Standard and Practice 7.1 of the Code...
https://www.ia.org.hk/english/legislative_framework/files/Practice_note_on_Remuneration_Disclosure_Eng.pdf -
Date: 2020-06-01
... Page 1 of 2 Practice Note supplementing Standard and Practice 7.1 of the Code of Conduct for Licensed Insurance Brokers in relation to Disclosure Requirements for Remuneration received by a Licensed Insurance Broker Company from an Insurer A. Introduction 1. Standard and Practice 7.1 of the Code...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Practice_note_on_Remuneration_Disclosure_Eng.pdf -
Date: 2020-06-24