... imposed 3 3. Obtaining consent to disclosure from the IA 4 4. Assumed consent to disclosure of limited information 4 5. Frequently Asked Questions 6 3 1. Introduction 1.1. This Explanatory Note, which includes a set of frequently asked questions, is issued by the Insurance Authority (“IA”) to provide...
https://www.ia.org.hk/english/legislative_framework/files/Explanatory_Note_on_Section_121_of_the_Insurance_Ordinance.pdf -
Date: 2021-10-12
... imposed 3 3. Obtaining consent to disclosure from the IA 4 4. Assumed consent to disclosure of limited information 4 5. Frequently Asked Questions 6 3 1. Introduction 1.1. This Explanatory Note, which includes a set of frequently asked questions, is issued by the Insurance Authority (“IA”) to provide...
https://www.ia.org.hk/english/legislative_framework/files/Explanatory_Note_on_Section_121_of_the_Insurance_Ordinance.pdf -
Date: 2020-07-06
... complaint directly, but we monitor to ensure its complaints handling process is fair and in line with the standards set out in our guidelines and codes of conduct); and For the purpose of this benchmark, we include all complaints we receive apart from complaints the IA refers to other bodies to...
https://www.ia.org.hk/english/consumer/lodge_a_complaint.html -
Date: 2023-09-01
... June 2018) information highlighting the liquidity risk associated with the product. 3) The FNA must include all the questions and multiple choice options as set out in the Appendix. However, Member Companies may include additional questions and/or multiple choice options, if they consider that such...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/6_HKFI_Initiative_on_FNA_v6_1_6_2018_20190823.pdf -
Date: 2019-12-20
... respect of General Insurance Business which is not deemed to have complied with 3A(a) Members shall include the Form of Disclosure set out below (i) in client agreements whether as a broker service agreement, brokers terms of business or similar, and where the validity period does not exceed three years...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/6_PIBA_Membership_Regulations_v6_1_2_2015_eg19.pdf -
Date: 2019-12-20
... premature death. About the Study One of the statutory functions borne by the Insurance Authority ("IA") is to promote under- standing by policyholders and potential policy- holders of insurance products and the insurance industry. For this reason, a dedicated team has been set up to conduct policy research...
https://www.ia.org.hk/english/infocenter/files/Mortality_Protection_Gap_Report_eng.pdf -
Date: 2021-12-14
... premature death. About the Study One of the statutory functions borne by the Insurance Authority ("IA") is to promote under- standing by policyholders and potential policy- holders of insurance products and the insurance industry. For this reason, a dedicated team has been set up to conduct policy research...
https://www.ia.org.hk/english/infocenter/files/Mortality_Protection_Gap_Report_eng.pdf -
Date: 2022-05-24
... of the Board, the Controller and the Appointed Actuary 4.1 It is the duty of the Controller, as specified under section 13A(12) of the Ordinance, to ensure that requirements set out in this Guideline and the relevant ICPs are observed throughout the life cycle of all long term (except Class C...
https://www.ia.org.hk/english/legislative_framework/files/GL16.pdf -
Date: 2020-09-24
... outsourcing arrangement is reassessed to be material, the insurer should notify the IA forthwith and take practical steps to address all the essential issues set out in this Guideline in a timely manner. For the avoidance of doubt, an authorized insurer should notify the IA of the information as mentioned in...
https://www.ia.org.hk/english/legislative_framework/files/GL14.pdf -
Date: 2020-09-24
... shall include the Form of Disclosure set out below (i) in client agreements whether as a broker service agreement, brokers terms of business or similar, and where the validity period does not exceed three years and the express levels of fee or brokerage remuneration to be received by the Member are not...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5_PIBA_Membership_Regulations_v5_15_4_2013_eg19.pdf -
Date: 2019-12-20