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⏭... Annex 1 Key Observations from the First ORSA Reports The Insurance Authority (“IA”) issued the Guideline on Enterprise Risk Management (“GL21”) which took effect on 1 January 2020. This is the Pillar 2 requirement which is implemented ahead of the statutory capital requirement under the Risk-based...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_28.3.2022_Annex.pdf -
Date: 2022-05-31
... 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
... Publicity and educational materials Videos Cool Tips on Applying for Insurance through Digital Channels Cool Tips on Virtual Onboarding via Video Conference Publications...
https://www.ia.org.hk/english/digital_onboarding/publicity_and_educational_materials.html -
Date: 2024-01-17
... Insurance Intermediaries Qualifying Examination (IIQE) In our circular issued on 21 December 2020, we announced the availability of the Remote Invigilation Mode Examination (RIME) for the Insurance Intermediaries Qualifying Examination (IIQE) to be offered by the Vocational Training Council (“VTC”) as a...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_RIME_15032022_ENG.pdf -
Date: 2022-05-31
... Continuing Professional Development (CPD) Requirements Overview Licensed insurance intermediaries are required to be fit and proper persons to carry on regulated activities. In this regard, licensed insurance intermediaries who are individuals should...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/cpd.html -
Date: 2024-01-23
[PDF]
Q&A-gn16.pdf
... Questions and Answers on 'Guidance Note on Underwriting Long Term Insurance Business (other than Class C Business)' ("GN16") - 1 - Questions and Answers on ‘Guidance Note on Underwriting Long Term Insurance Business (other than Class C Business)’ (“GN16”) The list of questions and answers are for...
https://www.ia.org.hk/english/legislative_framework/files/Q&A-gn16.pdf -
Date: 2020-09-24
... IA team and am confident that our synergy will enable us to further strengthen the regulatory regime for the sustainable development of the insurance industry and better protection for policy holders.” Dr Cheng extends his congratulations to Professor Anna Wong Wai-kwan on her...
https://www.ia.org.hk/english/infocenter/press_releases/20181221.html -
Date: 2018-12-21
... Lower China Risk Oriented Solvency System ("C-ROSS") Capital Charge Preferential Treatment under Equivalence Assessment Framework Agreement Under the Equivalence Assessment Framework Agreement on Solvency Regulatory Regime between the Insurance...
https://www.ia.org.hk/english/reinsurance_specialty/reinsurance/lower_china_risk_oriented_solvency_system_C-ROSS_capital_charge.html -
Date: 2024-01-19
[PDF]
cir_20191129_bro.pdf
... Microsoft Word - circular letter Nov 2019 - Medical Insurance Business (brokers).docx 29 November 2019 Our Ref: INS/TEC/13/53 Sub-File 1 By e-mail only To: Responsible Officers of all licensed insurance broker companies Dear Sirs, GL31: Guideline on Medical Insurance Business Pursuant to section...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20191129_bro.pdf -
Date: 2019-11-29
...), taking effect on 23 September 2019 when the statutory regime comes into operation. The MA is responsible for supervising authorized institutions1 (AIs) in accordance with the Banking Ordinance. The IA, under the statutory regime, is responsible for regulation of insurance intermediaries which...
https://www.ia.org.hk/english/infocenter/press_releases/20190719.html -
Date: 2019-07-19