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... for Insurance Brokers (“Guideline”) issued by the IA. The IA proposed to refine and enhance certain requirements so as to enhance protection for policy holders and potential policy holders. The key proposed enhancements were:  to increase the minimum amounts of the paid-up share capital and net...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/final_Broker_Rules_Conclusions_Eng.pdf - Date: 2019-09-10
... from a premium levy, authorization charges and intermediary licensing fees, the IA is compelled to be customer-oriented and 1 Mr. Bhabani Sankar Rath, Chairman of The Hong Kong Confederation of Insurance Brokers 2 Mr Adrian King, Honorary Secretary of The Hong Kong Confederation of Insurance Brokers 2...
https://www.ia.org.hk/english/infocenter/files/2018_CIB_Annual_Conference.pdf - Date: 2021-12-09
... from a premium levy, authorization charges and intermediary licensing fees, the IA is compelled to be customer-oriented and 1 Mr. Bhabani Sankar Rath, Chairman of The Hong Kong Confederation of Insurance Brokers 2 Mr Adrian King, Honorary Secretary of The Hong Kong Confederation of Insurance Brokers 2...
https://www.ia.org.hk/english/infocenter/files/2018_CIB_Annual_Conference.pdf - Date: 2021-09-08
... quarterly basis, but the first three quarters still saw such premiums reaching $46.8 billion or 32% of the total for individual businesses. As before, around 97% of the policies taken out by this group of customers were settled at regular intervals (i.e. non-single premium). Whole life, critical illness and...
https://www.ia.org.hk/english/infocenter/press_releases/20231130.html - Date: 2023-11-30
... from a premium levy, authorization charges and intermediary licensing fees, the IA is compelled to be customer-oriented and 1 Mr. Bhabani Sankar Rath, Chairman of The Hong Kong Confederation of Insurance Brokers 2 Mr Adrian King, Honorary Secretary of The Hong Kong Confederation of Insurance Brokers 2...
https://www.ia.org.hk/english/infocenter/files/2018_CIB_Annual_Conference.pdf - Date: 2020-06-12
[PDF] E-GN5.pdf
..., with the exception of pure reinsurers. A pure reinsurer is required to give only one set of financial projections on a “realistic estimate” basis. As regards a captive insurer, only projections on premium income and claims outstanding for the first three years of operation are required. 29. For an...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/E-GN5.pdf - Date: 2020-09-07
[PDF] E-GN5.pdf
..., with the exception of pure reinsurers. A pure reinsurer is required to give only one set of financial projections on a “realistic estimate” basis. As regards a captive insurer, only projections on premium income and claims outstanding for the first three years of operation are required. 29. For an...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/E-GN5.pdf - Date: 2020-06-22
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... with a more holistic and effective regulatory system," he added. "Various initiatives, including the development of a Risk-Based Capital Regime and the introduction of a Policy Holders' Protection Scheme, are in the pipeline. To tie in with the launch of the statutory licensing regime for...
https://www.ia.org.hk/english/whatsnew/insurance_authority_to_start_regulating_insurance_companies_tomorrow.html - Date: 2017-06-23
... with a more holistic and effective regulatory system," he added. "Various initiatives, including the development of a Risk-Based Capital Regime and the introduction of a Policy Holders' Protection Scheme, are in the pipeline. To tie in with the launch of the statutory licensing regime for...
https://www.ia.org.hk/english/infocenter/insurance_authority_to_start_regulating_insurance_companies_tomorrow.html - Date: 2017-09-06
... June 2017 • Takeover of the direct regulation of intermediaries Key tasks • Prudential regulation  Risk-based Capital Regime (RBC) • Promote Insurtech • Policyholders’ Protection Scheme • Regulation of intermediaries • Fees and levy 8 Insurance Ordinance: key amendments • Approval of Key Persons in...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_Roles_of_IA_New_regulation_landscape_for_insurance_cos.pdf - Date: 2021-12-09