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⏭... is: can this need be satisfied by the current 4 insurer cap, or should it be increased to 5? 14. The statistics on Hong Kong general business compiled by the IA indicate that over 40 insurers currently offer insurance products for major lines of business (including medical, motor vehicle, property...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/final_Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-10
... is: can this need be satisfied by the current 4 insurer cap, or should it be increased to 5? 14. The statistics on Hong Kong general business compiled by the IA indicate that over 40 insurers currently offer insurance products for major lines of business (including medical, motor vehicle, property...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Max_Number_Rules_Conclusions_Eng.pdf -
Date: 2019-09-10
... insurance intermediary’s application to vary the type of regulated activity as specified in the licence of the SFC-licensed corporation; (iii) an authorized insurer or a licensed insurance intermediary’s application for approval to be a substantial 9 shareholder of an SFC-licensed corporation; and (iv) an...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/MOU_between_SFC_and_IA_final_28Sep2020.pdf -
Date: 2020-09-28
[PDF]
ENG_CIF_3.pdf
..., for failing to comply with this fundamental requirement. Since these were transitional cases, in taking disciplinary action the IA was required to apply the rules of the self-regulatory body which applied at the time. Going forward, however, this type of contravention can be prosecuted as an offence...
https://www.ia.org.hk/english/infocenter/files/ENG_CIF_3.pdf -
Date: 2021-12-14
... insurance intermediary’s application to vary the type of regulated activity as specified in the licence of the SFC-licensed corporation; (iii) an authorized insurer or a licensed insurance intermediary’s application for approval to be a substantial 9 shareholder of an SFC-licensed corporation; and (iv) an...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/MOU_between_SFC_and_IA_final_28Sep2020.pdf -
Date: 2021-11-01
... insurance intermediary’s application to vary the type of regulated activity as specified in the licence of the SFC-licensed corporation; (iii) an authorized insurer or a licensed insurance intermediary’s application for approval to be a substantial 9 shareholder of an SFC-licensed corporation; and (iv) an...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/MOU_between_SFC_and_IA_final_28Sep2020.pdf -
Date: 2021-09-01
[PDF]
ENG_CIF_3.pdf
..., for failing to comply with this fundamental requirement. Since these were transitional cases, in taking disciplinary action the IA was required to apply the rules of the self-regulatory body which applied at the time. Going forward, however, this type of contravention can be prosecuted as an offence...
https://www.ia.org.hk/english/infocenter/files/ENG_CIF_3.pdf -
Date: 2022-05-24
... activities? A2: In this scenario, the bank staff does not provide, explain or discuss with the client any information relating to a particular insurance product. Rather, the bank staff is introducing the generic insurance concept of annuities to the client (i.e. providing generic information on a type of...
https://www.ia.org.hk/english/legislative_framework/files/Explanatory_Note_on_Licensing_Requirements_for_Banking_Sector.pdf -
Date: 2021-10-12
... activities? A2: In this scenario, the bank staff does not provide, explain or discuss with the client any information relating to a particular insurance product. Rather, the bank staff is introducing the generic insurance concept of annuities to the client (i.e. providing generic information on a type of...
https://www.ia.org.hk/english/legislative_framework/files/Explanatory_Note_on_Licensing_Requirements_for_Banking_Sector.pdf -
Date: 2020-07-06
... the risk”. In recent years, there has been a growing chorus of voices suggesting that the “duty of disclosure” has become increasingly outdated and is too weighted in favour of the insurer. After all, can a prospective policyholder really be expected to know what type of fact might influence a...
https://www.ia.org.hk/english/infocenter/files/Conduct_in_Focus_Mar_issue_EN.pdf -
Date: 2022-05-24