... Insurance Limited / 香港保誠保險有限公司” which is incorporated in Hong Kong using an insurance-related company name without the IA’s consent1.The Company is not and never has been an authorized insurer or a licensed insurance intermediary under the Insurance Ordinance (Cap. 41) to carry on insurance business or...

... Latest edition of Conduct In Focus encourages best practice principles for insurers to handle complaints 2 March 2022 The Insurance Authority (IA) published its latest issue of Conduct In Focus1 today (2 March 2022) presenting statistics on...

... the United Nations Sanctions (Somalia) (Amendment) Regulation 2017 (“the Somalia Amendment Regulation”) has been published in the Gazette (L.N. 15 of 2017) on 27 January 2017 and is available on the Government’s website http://www.gld.gov.hk/egazette/. The Somalia Amendment Regulation amends the...

... 1 Asian Financial Forum 2021 19 January 2021 Opening Remarks by Dr Moses Cheng Chairman of the Insurance Authority Eric1, distinguished panelists, friends and colleagues, ladies and gentlemen, Good morning! It is my great pleasure and honour to speak again at this Asian Financial Forum. On behalf...

... gentlemen, good morning! It’s my great pleasure and honour to welcome all of you to the Asian Insurance Forum 2021! On behalf of the Hong Kong Insurance Authority (“IA”), let me extend our gratitude to those of you who are with us here at the forum venue and also to those of you who are joining us online....

... 1 Asian Financial Forum 2021 19 January 2021 Opening Remarks by Dr Moses Cheng Chairman of the Insurance Authority Eric1, distinguished panelists, friends and colleagues, ladies and gentlemen, Good morning! It is my great pleasure and honour to speak again at this Asian Financial Forum. On behalf...

... April 2017 Page 1 Note on Annual Authorization Fee INSURANCE AUTHORITY Note on Annual Authorization Fee INTRODUCTION Section 13 of the Insurance Ordinance (Cap. 41) provides that every authorized insurer must pay the prescribed fees to the Insurance Authority (the “Authority”) not later than the...

... classes 6 (ships) and 12 (liability for ships) of insurance business as specified in the Insurance Ordinance) insurance contracts. In light of the uniqueness of business operations of eligible marine insurers, the IA has exempted them from the following guidelines: GL20: Guideline on...

... Mutual Evaluation Report of Hong Kong 6 September 2019 Our Ref: INS/TEC/6/45 To: Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Mutual Evaluation Report of Hong Kong We are writing to draw your attention to the Mutual Evaluation Report of Hong Kong (“the ME...

... Preparatory Works To prepare for the new regime, we are drafting new rules, codes and guidelines and developing a new computer system and online portal.  We have also set up a Working Group on Direct Licensing Regime for Insurance Intermediaries and two...