... activities for the client, referred to in the Code of Conduct as a “client agreement”. 2. This Practice Note supplements Standard and Practice 5.4(a) of the Code of Conduct by setting out information which the Insurance Authority (“IA”) would expect a licensed insurance broker company (for the purpose of...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Practice_note_on_Client_Agreement_ILAS.pdf -
Date: 2020-12-21
...) Ordinance 2015 (12 of 2015) comes into operation. 2. Interpretation (1) In these Rules— licensed person (持牌人士) means— (a) a licensed insurance agency; or (b) a licensed individual insurance agent. (2) A reference in rules 3 and 4 to an insurer or authorized insurer includes a member of Lloyd’s. (3) For the...
https://www.ia.org.hk/english/infocenter/files/final_Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-03
...) Ordinance 2015 (12 of 2015) comes into operation. 2. Interpretation (1) In these Rules— licensed person (持牌人士) means— (a) a licensed insurance agency; or (b) a licensed individual insurance agent. (2) A reference in rules 3 and 4 to an insurer or authorized insurer includes a member of Lloyd’s. (3) For the...
https://www.ia.org.hk/english/infocenter/files/Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-03
...) Ordinance 2015 (12 of 2015) comes into operation. 2. Interpretation (1) In these Rules— licensed person (持牌人士) means— (a) a licensed insurance agency; or (b) a licensed individual insurance agent. (2) A reference in rules 3 and 4 to an insurer or authorized insurer includes a member of Lloyd’s. (3) For the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/final_Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-10
...) Ordinance 2015 (12 of 2015) comes into operation. 2. Interpretation (1) In these Rules— licensed person (持牌人士) means— (a) a licensed insurance agency; or (b) a licensed individual insurance agent. (2) A reference in rules 3 and 4 to an insurer or authorized insurer includes a member of Lloyd’s. (3) For the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-10
... net liabilities of $1,849.9 billion. Yearly contributions for Retirement Scheme contracts administered by insurers were $8.9 billion (increased by 4.2%). There were 62,271 Retirement Scheme contracts carrying net liabilities of $125.2 billion. In-force office premiums for Group Life business...
https://www.ia.org.hk/english/infocenter/press_releases/20180928.html -
Date: 2021-09-03
... office premiums for Individual Life (Non-Linked) business increased by 47.2% to $173.4 billion, while Individual Life (Linked) business dropped by 44.6% to $5.7 billion in terms of new office premiums. The total number of new policies increased by 8.5% to 1,267,560 in 2016. For in-force...
https://www.ia.org.hk/english/infocenter/press_releases/hong_kong_insurance_business_statistics_2016.html -
Date: 2017-10-03
... Insurance Authority office to reopen to the public on 4 May 1 May 2020 The Insurance Authority (IA) today (1 May 2020) announced that its office will reopen to the public and resume normal public services starting next Monday (4 May). To...
https://www.ia.org.hk/english/infocenter/press_releases/20200501.html -
Date: 2020-05-01
... GL27 GUIDELINE ON LONG TERM INSURANCE POLICY REPLACEMENT Insurance Authority Contents Page 1. Introduction………………………………………………………. 1 2. Interpretation…………………………………...………………… 1 3. Relevant Regulatory Requirements and Status of this Guideline……………………………………….………………… 2 4. Scope of Application...
https://www.ia.org.hk/english/legislative_framework/files/GL27_English.pdf -
Date: 2020-09-24
... GL27 GUIDELINE ON LONG TERM INSURANCE POLICY REPLACEMENT Insurance Authority Contents Page 1. Introduction………………………………………………………. 1 2. Interpretation…………………………………...………………… 1 3. Relevant Regulatory Requirements and Status of this Guideline……………………………………….………………… 2 4. Scope of Application...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Long_term_policy.pdf -
Date: 2020-06-24