... has experienced substantive growth in recent years. The total gross premiums in the first three quarters of 2017 amounted to $363.2 billion, representing a year-on-year increase of 11%. While we are encouraged by this remarkable performance, we have never forgotten our great responsibility to...
https://www.ia.org.hk/english/infocenter/files/Speech_for_ICB_Inauguration_Ceremony.pdf -
Date: 2020-06-12
... Guidance Note on Client Agreement for Linked Long Term Insurance Business (CIB-GN(9)) 6/88 K. Guidance Note on Product Recommendation for Long Term Insurance Business (Including Linked Long Term Insurance) (CIB-GN(12)) 6/90 L. Code of Conduct for Insurance Brokers Conducting Investment Linked Business 6/93...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/sn-long-2015.docx -
Date: 2019-12-02
... products which provide surrender value not less than total premium paid at all times to be sold directly from an insurer or its Authorized Institution in the capacity as its agent to customers through digital distribution channel (e.g. webpage / mobile app) without recommendation. In such cases, the...
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
... conditions of the life insurance policy issued to the policy holder by the insurer, including an automatic premium loan. (h) “Policy replacement” has the meaning assigned to it by paragraph 5.2 of this Guideline. (i) “Total cash value” in relation to a life insurance policy, means the aggregate of the...
https://www.ia.org.hk/english/legislative_framework/files/GL27_English.pdf -
Date: 2020-09-24
... conditions of the life insurance policy issued to the policy holder by the insurer, including an automatic premium loan. (h) “Policy replacement” has the meaning assigned to it by paragraph 5.2 of this Guideline. (i) “Total cash value” in relation to a life insurance policy, means the aggregate of the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Long_term_policy.pdf -
Date: 2020-06-24
...通訊" 6 December 2023 IA-HKMA joint inspection exercise on premium financing 30 November 2023 Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules (Cap. 41L) Savings and...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2023.html -
Date: 2023-12-29
... 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