... 2 June 2020 Our ref: INS/TEC/6/20/5 By email only To: Chief Executives of all authorized insurers Dear Sirs, Updated Assessment on the Proposed Policy Holders’ Protection Scheme in Hong Kong We would like to enlist your support for and participation in an updated assessment on the proposed Policy...

... 2 June 2020 Our ref: INS/TEC/6/20/5 By email only To: Chief Executives of all authorized insurers Dear Sirs, Updated Assessment on the Proposed Policy Holders’ Protection Scheme in Hong Kong We would like to enlist your support for and participation in an updated assessment on the proposed Policy...

...; said Dr Moses Cheng, Chairman of the IA. “This report outlines specific measures put in place to enable the insurance industry in Hong Kong to capitalise on new opportunities arising from these national initiatives.” The report also recounts the intensive preparatory work...

... Annual Report 2019-20 (Synopsis) On 23 September 2019, the IA became the sole regulator responsible for licensing, inspection, investigation and disciplinary sanctions of over 120,000 insurance intermediaries. To uplift professionalism and induce ethical behaviours, seven sets of rules, codes of conduct...

... Annual Report 2019-20 (Synopsis) On 23 September 2019, the IA became the sole regulator responsible for licensing, inspection, investigation and disciplinary sanctions of over 120,000 insurance intermediaries. To uplift professionalism and induce ethical behaviours, seven sets of rules, codes of conduct...

... foundation for a healthy, competitive and efficient insurance industry. The Code of Conduct does not operate in isolation. It is part of the totality of the duties and obligations which apply to licensed insurance agents in their carrying on of regulated activities under common law (including contract law...

... foundation for a healthy, competitive and efficient insurance industry. The Code of Conduct does not operate in isolation. It is part of the totality of the duties and obligations which apply to licensed insurance agents in their carrying on of regulated activities under common law (including contract law...

... foundation for a healthy, competitive and efficient insurance industry. The Code of Conduct does not operate in isolation. It is part of the totality of the duties and obligations which apply to licensed insurance agents in their carrying on of regulated activities under common law (including contract law...

..., Participation in the First Quantitative Impact Study (QIS 1) for the Development of the Risk-based Capital (RBC) Regime I write to enlist your support in participating in QIS 1 and submission of data as set out in the enclosed templates. Following the Consultation Conclusions on the RBC framework1 issued in...

... regulatory framework. Section 90 of the Insurance Ordinance and the Codes of Conduct expressly require licensed insurance intermediaries to treat customers fairly. Guideline on the Corporate Governance of Authorized Insurers (Guideline 10) provides that “fair treatment of customers is an...