... facilitate those who wish to make an application for authorization to carry on insurance business in or from Hong Kong. It attempts to set out the information and documents required for the Insurance Authority (“IA”) to process the application. Each application will be considered according to its own...

... facilitate those who wish to make an application for authorization to carry on insurance business in or from Hong Kong. It attempts to set out the information and documents required for the Insurance Authority (“IA”) to process the application. Each application will be considered according to its own...

... Premiums With the Voluntary Health Insurance Scheme (“VHIS”) fully launched, i.e. offered to consumers, on 1 April 2019, individual hospital insurance consumers are now given the choice of buying indemnity hospital insurance plans certified by the Food and Health Bureau under the VHIS (“Certified Plans...

... products. However, all insurers and intermediaries carrying on medical insurance business in or from Hong Kong have to be authorised or licensed by the IA. To protect the interests of policy holders, the IA reviews the relevant documents and conducts on-site inspection to ensure that the insurers and...

... risk-and-other-monitored-jurisdictions/documents/call-for-action-february-2020.html). 1 Definition of IIs should be construed in conjunction with the Guideline on Anti-Money Laundering and Counter- Terrorist Financing, i.e. authorized insurers and reinsurers carrying on long term business, and licensed individual insurance agents...

... holders. “The RBC regime seeks to strengthen the financial soundness of insurers and put Hong Kong on a par with international standards, consolidating Hong Kong’s function as an international risk management centre,” an IA spokesperson said. “Adopting the RBC regime will...

... 20 November 2019 Our Ref: MC/INT/5 To: Responsible Officers of all licensed insurance broker companies Dear Sirs, Frequently Asked Questions on the Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules issued under the Insurance Ordinance (Cap. 41) We are...

... from being a prudential watchdog to a market enabler and facilitator. This unique role is unfound elsewhere in the local regulatory landscape and such a “split personality” bodes well for The Hong Kong Confederation of Insurance Brokers (CIB), as I will elaborate later on. Thirdly, with funding drawn...

... from being a prudential watchdog to a market enabler and facilitator. This unique role is unfound elsewhere in the local regulatory landscape and such a “split personality” bodes well for The Hong Kong Confederation of Insurance Brokers (CIB), as I will elaborate later on. Thirdly, with funding drawn...

... from being a prudential watchdog to a market enabler and facilitator. This unique role is unfound elsewhere in the local regulatory landscape and such a “split personality” bodes well for The Hong Kong Confederation of Insurance Brokers (CIB), as I will elaborate later on. Thirdly, with funding drawn...