... IAA leaflet_2020_v1 Table 1: Under the Insurance Ordinance, with effect from 1 January 2018, levies for insurance premiums are payable by policy holders to the Insurance Authority (IA) through their insurance companies. To reduce the impact on policy holders and to allow time for adaptation, an...

... Exciting business opportunities ahead for the insurance sector in Hong Kong 29 September 2021 Echoing observations made in the “Report on Hong Kong’s Business Environment: A Place with Unique Advantages and Unlimited Opportunities”, the Insurance...

... have significant implications on the financial statements of insurers prepared in accordance with Hong Kong Financial Reporting Standards. HKFRS 17 is available on the HKICPA website at http://app1.hkicpa.org.hk/hksaebk/HKSA_Members_Handbook_Master/updates/updat e211.pdf . The effective date of HKFRS...

... designated by the United Nations Security Council Committee (“Committee”) has been specified under the United Nations (Anti-Terrorism Measures) Ordinance (“UNATMO”). The list has been published in the Gazette (G.N. 7654) on 20 October 2017 and is available on the Government’s website http://www.gld.gov.hk...

... amendments is available on the HKICPA website at https://www.hkicpa.org.hk/-/media/HKICPA-Website/Members- Handbook/updates/update247.pdf. The effective date of the amended HKFRS 17 is 1 January 2023. To support the implementation of HKFRS 17, HKICPA continues the activities of the Hong Kong Insurance...

... ASSUMED CREDITING INTEREST RATES USED BELOW ARE FOR ILLUSTRATIVE PURPOSES ONLY. UNLESS OTHERWISE STATED ， THEY ARE NEITHER GUARANTEED NOR BASED ON PAST PERFORMANCE. THE ACTUAL CREDITING INTEREST RATES MAY BE DIFFERENT! [B] Proposal Summary for ABC product 1. Name of Life Insured: Age: Sex: [C] Smoker/Non...

... recommendations on insurance policies, and the handling of premium or other insurance monies on behalf of policyholders or potential policyholders.   Examples of complaints about conduct in the insurance market (i.e. potential “misconduct”) which the IA may handle are as follows...

... 1 Existing and planned measures on the promotion of racial equality The Insurance Authority The principal function of the Insurance Authority ("IA") is to regulate and supervise the insurance industry to promote the general stability of the insurance industry and protect existing and potential...

... 14 July 2024, on grounds of him not being fit and proper1. The disciplinary action arose from a decision by the Mandatory Provident Fund Schemes Authority (“MPFA”) to suspend Mr To’s registration for 40 months for contravening the conduct requirements under the Mandatory...

... Guidance on Counter Proliferation Financing issued by the Financial Action Task Force (“FATF”) 12 March 2018 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Guidance on Counter Proliferation Financing issued by the Financial Action...