...  indirectly  linked  to  the distribution  volume  or  a  pre‐determined  level  of  sales  of  any  Insurance  Investment  /  Savings Product;    6.1.4.   providing  sponsorship  and  support  for  client  information  seminars,  compliance support and financial planning software. The level of sponsorship...

... which insurance business is conducted. In this issue, we present the statistics for complaints received by the IA for both the full year 2020 and the first quarter 2021. In our Practice section, we take a look at the regulatory issues which emerge when licensed individual insurance agents promote...

... contract and then issuing ILS to investors to collateralize the risk acquired. A company will need to meet certain requirements in order to be authorized by the IA as an SPI, including – (a) the company will be fully-funded, meaning that the full liabilities of the company to the cedant must be fully...

... which insurance business is conducted. In this issue, we present the statistics for complaints received by the IA for both the full year 2020 and the first quarter 2021. In our Practice section, we take a look at the regulatory issues which emerge when licensed individual insurance agents promote...

... If you find that the policy you have purchased is not suitable for you, you can cancel the policy within the cooling-off period*. The insurer must offer a full refund of the insurance premium you paid or an amount less a "market value adjustment", if applicable. If you have no intention of...

... take guidance from this Guideline in considering whether there has been an act or omission likely to be prejudicial to the interest of policy holders or potential policy holders (albeit the IA will always take account of the full context, facts and impact of any matter before it in this respect). 4 4....

... take guidance from this Guideline in considering whether there has been an act or omission likely to be prejudicial to the interest of policy holders or potential policy holders (albeit the IA will always take account of the full context, facts and impact of any matter before it in this respect). 4 4....

...; expanded medical coverage and relaxed hospital restrictions; simplified and expedited claim procedures; hospital cash benefit, death benefit and other concessionary benefits. “The IA welcomes these initiatives and encourages more insurers to make similar efforts to provide timely support to...

... Kong. Meeting with Marine Insurance Stakeholders To support sustainable growth of the marine insurance industry, the IA, together with International Union of Marine Insurance ("IUMI") and Marine Insurance Association ("MIA") of The Hong Kong Federation of...

... IA. “We appreciate the unwavering support and dedication of our insurance industry in providing quality services and timely protection for policy holders amid the current severe pandemic situation.” The IA will constantly review the facilitative arrangements in view of the...