... (whether the client is an individual or a corporate and no matter the type of insurance being purchased). The Standards and Practices under General Principle 5 have been crafted with this objective in mind. It is recognized that individual situations differ and the principle-based nature of the Brokers...
https://www.ia.org.hk/english/infocenter/files/Consultation_Conclusions_Brokers_Code_Eng.pdf -
Date: 2019-09-03
... (whether the client is an individual or a corporate and no matter the type of insurance being purchased). The Standards and Practices under General Principle 5 have been crafted with this objective in mind. It is recognized that individual situations differ and the principle-based nature of the Brokers...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Consultation_Conclusions_Brokers_Code_Eng.pdf -
Date: 2019-09-10
... differ according to the size and structure of the insurer and the type of business it conducts. However, the basic principles of the Board of Directors (“Board”)’ responsibility, the need for an investment policy, segregation of duties and control will be applicable to all authorized insurers. 1.3. The...
https://www.ia.org.hk/english/legislative_framework/files/GL13.pdf -
Date: 2020-09-24
... All supporting documents in connection with the Application should be duly verified against the relevant original copy by your appointing principals before submission to the IA. If you are an existing licensed insurance intermediary and intend to apply for a different type of insurance intermediary...
https://www.ia.org.hk/english/infocenter/forms/files/Notes_on_Individual_Licence_Application_Apr2021.pdf -
Date: 2022-01-06
... identification of the conduct; and (v) the likelihood that the authorized insurer will engage in the same type of conduct in the future. (c) The previous disciplinary record and compliance history of the 4 authorized insurer, including: (i) previous disciplinary record and compliance history of the authorized...
https://www.ia.org.hk/english/legislative_framework/files/GL18.pdf -
Date: 2020-09-24
... Tennyson (2011) More direct measurement of consumers’ insurance knowledge may be obtained by administering knowledge surveys, and this is a common practice in financial literacy research. Huston (2010) 21 Insurance Literacy Tracking Survey Knowledge Attitude Behaviour Insurance Literacy “a combination of...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Future_Task_Force_5Nov2021.pdf -
Date: 2021-11-29
... Tennyson (2011) More direct measurement of consumers’ insurance knowledge may be obtained by administering knowledge surveys, and this is a common practice in financial literacy research. Huston (2010) 21 Insurance Literacy Tracking Survey Knowledge Attitude Behaviour Insurance Literacy “a combination of...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Future_Task_Force_5Nov2021.pdf -
Date: 2021-11-29
... (increased by 9%), followed by General Liability business with gross premiums of $10.8 billion (increased by 14%). Property Damage business reported a gain in gross premiums by 12.4% to $4.9 billion, while the gross premiums of Ships business went up by 21.2% to $2.1 billion after the authorization of a few...
https://www.ia.org.hk/english/infocenter/press_releases/20200313.html -
Date: 2021-09-03
... Life and Annuity (Linked) business amounted to $6.6 billion (decreased by 21.7%). Contributions of Retirement Scheme business reached $8.1 billion (increased by 11.3%). On new business, new office premiums (excluding Retirement Scheme business) of long term business were $48.4 billion...
https://www.ia.org.hk/english/infocenter/press_releases/20190531.html -
Date: 2019-05-31