... Note on Collection of Levy on Insurance Premium (Version 1.6) Page 1 INSURANCE AUTHORITY Note on Collection of Levy on Insurance Premium (the “Note”) Revised – March 2018 INTRODUCTION The Insurance (Levy) Order (the “Order”) specifies the prescribed classes of insurance business and types of...

... Note on Collection of Levy on Insurance Premium (Version 1.6) Page 1 INSURANCE AUTHORITY Note on Collection of Levy on Insurance Premium (the “Note”) Revised – March 2018 INTRODUCTION The Insurance (Levy) Order (the “Order”) specifies the prescribed classes of insurance business and types of...

... holders or potential policy holders (albeit the IA will always take account of the full context, facts and impact of any matter before it in this respect). The IA reserves the right to review and update this Guideline from time to time as necessary. 1 The objectives and outcomes in this respect are stated...

... Encouraged by the multilateral collaborative efforts that achieved through cross-agency partnerships both local and international, and built upon support of the Central People’s Government for Hong Kong as a catastrophe bond issuing platform, Mr Christopher Hui, Secretary for Financial Services and the...

... operation in full in 2024.   Insurance (Amendment) (No.2) Ordinance 2020 The Insurance (Amendment) (No.2) Ordinance 2020 ("the Amendment No.2 Ordinance 2020") was passed by the Legislative Council on 17 July 2020. Under the Amendment No. 2 Ordinance...

... words, if the claimable amount exceeds a “reasonable and customary charge”, the insurer may not offer full reimbursement of the covered items. The insured person will have to pay the shortfall. To avoid a claims dispute, you are advised to compare the prices for the same treatment charged by...