... (“Broker Rules”) issued under the Insurance Ordinance (Cap. 41) (“IO”) Q1: Is the increase in paid-up share capital of a licensed insurance broker company required to be cash injection? A1: Paid-up share capital can be increased in the form of cash injection, capitalization of retained earnings and other...

... (“Broker Rules”) issued under the Insurance Ordinance (Cap. 41) (“IO”) Q1: Is the increase in paid-up share capital of a licensed insurance broker company required to be cash injection? A1: Paid-up share capital can be increased in the form of cash injection, capitalization of retained earnings and other...

... GL4 GUIDELINE ON “FIT AND PROPER” CRITERIA UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction ………………………..………………….…. 1 2. Approval / No Objection / Notification Requirements for Appointments of Certain Positions ……....…………....……………….........…....…………… ….... 1...

... Compensation Insurer Insolvency Bureau (ECIIB) has been activated to take over all liabilities under employees’ compensation (EC) policies issued by Target1. This arrangement will cease on 1 January 2024. The Liquidators are in the process of transferring 31 in-force policies2 to the Hong Kong Branch of...

... 14 July 2024, on grounds of him not being fit and proper1. The disciplinary action arose from a decision by the Mandatory Provident Fund Schemes Authority (“MPFA”) to suspend Mr To’s registration for 40 months for contravening the conduct requirements under the Mandatory...

... normal, operating from 8:45am to 12:45pm and 1:45pm to 6pm on working days. Email responses to enquiries and complaints will continue as normal. However, its office will remain closed to the general public next week (24 February to 1 March). Arrangements have been made for some staff to work...

... in or from Hong Kong   1. We certify that we are empowered to make application on behalf of the abovenamed captive company for authorization to carry on in or from Hong Kong the following classes of general insurance business as a captive insurer (as defined in the Ordinance):- (Classes as set out in...

... General Business in or from Hong Kong 1. We certify that we are empowered to make application on behalf of the above-named captive company for authorization to carry on in or from Hong Kong the following classes of general insurance business as a captive insurer (as defined in the Ordinance...

... in or from Hong Kong   1. We certify that we are empowered to make application on behalf of the abovenamed captive company for authorization to carry on in or from Hong Kong the following classes of general insurance business as a captive insurer (as defined in the Ordinance):- (Classes as set out in...