... insurance policy is a type of annuity insurance policy which has an accumulation phase and an annuitization phase. During the accumulation phase, the policy holder pays premiums regularly over a period of time which is then (usually) followed by a deferral period to allow the paid up sum to grow through...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL19.pdf -
Date: 2019-11-29
... 視為在生效日期已根據本條例附表 11第 66條獲發保險 經紀公司牌照的公司; 認可經紀團體 (approved broker body)具有本條例附表 11所 給予的涵義。 2. 股本及淨資產 由生效日期起至 2023年 12月 31日止期間,指明保險經紀公 司須分別根據第 3及 4(1)條在任何時間維持的繳足款股本及 淨資產款額—— (a) 由生效日期開始至 2021年 12月 31日為止期間,為 不少於 $100,000;及 (b) 由 2022年 1月 1日開始至 2023年 12月 31日為止 期間,為不少於 $300,000。 Schedule [r. 10] Savings and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Insurance_FinancialandOtherRequirementsforLicensedInsuranceBrokerCompanies_Rules.pdf -
Date: 2020-06-24
...) highlight the type of problems which can arise when a policyholder pays premium to an individual insurance agent, rather than making payment directly to the insurer. These types of problems are illustrated below: As stated in the Code of Conduct for Licensed Insurance Agents, a licensed individual insurance...
https://www.ia.org.hk/english/infocenter/files/Conduct_In_Focus_English.pdf -
Date: 2021-12-14
... in place to authenticate the identity of such customer. Full Name Date of Birth Nationality Unique identification number and document type Residential address information Good Practice Company checks an individual’s identity information against the Company’s existing customer records and combines the...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/AML_Online_Sharing_Session_20201204_Presentation.pdf -
Date: 2021-11-12
... in place to authenticate the identity of such customer. Full Name Date of Birth Nationality Unique identification number and document type Residential address information Good Practice Company checks an individual’s identity information against the Company’s existing customer records and combines the...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/AML_Online_Sharing_Session_20201204_Presentation.pdf -
Date: 2022-04-27
... Insurance Business 二零二零年㇐月至九月 January to September 2020 汽車, 損壞及法律責任 (直接業務) Motor Vehicle, Damage & Liability (Direct Business) 汽車類別 Type of Motor Vehicle 私家車 Private Cars 貨車 Goods Carrying Vehicles 毛保費 淨保費 滿期保費 淨額 須付的佣金 毛額 須付的佣金 淨額 已償付申索 毛額 已償付申索 淨額 已承付申索 淨額 未過期風險 調整 管理開支 承保利潤 / (虧損) 年薪 合約價值 Gross Premiums...
https://www.ia.org.hk/english/infocenter/statistics/files/3q20gen.pdf -
Date: 2020-11-30
...) highlight the type of problems which can arise when a policyholder pays premium to an individual insurance agent, rather than making payment directly to the insurer. These types of problems are illustrated below: As stated in the Code of Conduct for Licensed Insurance Agents, a licensed individual insurance...
https://www.ia.org.hk/english/infocenter/files/Conduct_In_Focus_English.pdf -
Date: 2022-05-24
... class of insurance business it carries on. In considering the adequacy of reinsurance arrangements of an insurer, the IA will take into account the following factors :- • the type of treaties; • the maximum retention of the insurer; • the security of the reinsurers; and • the spread of risks among...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/E-GN5.pdf -
Date: 2020-09-07
... class of insurance business it carries on. In considering the adequacy of reinsurance arrangements of an insurer, the IA will take into account the following factors :- • the type of treaties; • the maximum retention of the insurer; • the security of the reinsurers; and • the spread of risks among...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/E-GN5.pdf -
Date: 2020-06-22
... another supervised group member in the same supervised group, is less than 100%), the proportionate minimum capital requirement, prescribed capital requirement and eligible capital resources applicable to the closely linked member should be included in the group minimum capital requirement (GMCR), group...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Appendix_06102021.pdf -
Date: 2021-12-10