... Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Cap. 615 (AMLO) and section 133 of the Insurance Ordinance, Cap. 41 (IO), and shall take effect from 23 September 20191 November 2018. 1.2 Terms and abbreviations used in this Guideline should be interpreted by reference to the definitions set...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/20190913_1_Appendix_A.pdf -
Date: 2019-12-24
... number of attractive product features and the statutory right to claim tax deductions for qualifying premiums paid. To facilitate compliance by VHIS providers, the FHB has set out the schemes rules in the registration rules, Certified Plan policy template, product compliance rules and code of practice...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P2_SN_eng_2018_2019update_file6.pdf -
Date: 2019-12-02
... follow the FNA requirements as if the rider or top-up is a new life insurance policy. 5 (a) the policy is: (i) a non-participating endowment product with guaranteed payment of not less than the total premium paid upon maturity; or (ii) a universal life product providing a surrender value which is not...
https://www.ia.org.hk/english/legislative_framework/files/GL30_English.pdf -
Date: 2020-09-24
... follow the FNA requirements as if the rider or top-up is a new life insurance policy. 5 (a) the policy is: (i) a non-participating endowment product with guaranteed payment of not less than the total premium paid upon maturity; or (ii) a universal life product providing a surrender value which is not...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Financial_needs.pdf -
Date: 2020-06-24
... follow the FNA requirements as if the rider or top-up is a new life insurance policy. 5 (a) the policy is: (i) a non-participating endowment product with guaranteed payment of not less than the total premium paid upon maturity; or (ii) a universal life product providing a surrender value which is not...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL30.pdf -
Date: 2019-11-29
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf -
Date: 2020-09-28
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf -
Date: 2021-11-01
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf -
Date: 2021-09-01
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf -
Date: 2020-06-19
... enhanced disclosure requirements under IFRS 17 will provide users of financial statements, including shareholders, investors and, of course, the IA, with readily comparable data and new set of IFRS 17 Key Performance Indicators. The introduction of contractual service margin (CSM) illustrates the value...
https://www.ia.org.hk/english/infocenter/files/ASHK_Symposium_2021.pdf -
Date: 2021-12-09