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⏭... (the “Amendment Ordinance”) becoming effective, Part X of the Insurance Ordinance (Cap.41) (“IO”) will continue to govern insurance intermediaries. Insurance intermediaries are currently subject to a self-regulatory system supported by provisions contained in Part X of the IO....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/regulation_of_insurance_intermediaries.html -
Date: 2017-06-22
[HTML]
Codes
... Agreements for Linked Long Term Business - Practice Note supplementing Standard and Practice 7.1 in relation to Remuneration Disclosure The above materials are presented in PDF format, unless stated otherwise. Please download Adobe Reader for viewing. Install the...
https://www.ia.org.hk/english/legislative_framework/codes.html -
Date: 2020-06-01
[PDF]
GL17.pdf
... Alternative Risk Transfer ……………..…....…..…..….... 9 7. Arrangement with Insignificant Risk Transfer ……..….... 12 8. Reinsurance Reporting ……..….……..….……..….…...... 14 9. Commencement ……..….…….……..….……..….…....... 15 - 1 - 1. Introduction 1.1 This Guideline is issued pursuant to section 133 of the Insurance...
https://www.ia.org.hk/english/legislative_framework/files/GL17.pdf -
Date: 2020-09-24
... Professional Insurance Brokers Association). During 2019/20, 1,292 complaints were received. The above data also includes insurance-related complaint cases referred from other regulators (e.g. the Hong Kong Monetary Authority, the Securities and Futures Commission of Hong Kong and the Mandatory Provident...
https://www.ia.org.hk/english/infocenter/statistics/files/Summary_Complaints_received_by_IA_20190401_20200331_Eng.pdf -
Date: 2020-09-28
... Road Wong Chuk Hang Hong Kong 3 CONTENTS Page CHAPTER 1 EXECUTIVE SUMMARY 4 CHAPTER 2 INTRODUCTION 5 CHAPTER 3 DISCUSSION OF THE DRAFT RULES 7 SCHEDULE NEW SECTION 129A OF THE ORDINANCE ANNEX A DRAFT INSURANCE (SPECIAL PURPOSE BUSINESS) RULES ANNEX B FEEDBACK TEMPLATE 4 CHAPTER 1 EXECUTIVE SUMMARY 1...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_Draft_Insurance_Special_Purpose_Business_Rules_ENG.pdf -
Date: 2020-09-04
[PDF]
survey_broker_250418.pdf
... Survey of Insurance Brokers (Template) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Complaint means the expression of dissatisfaction, made verbally or in writing, by a client or a potential client of an insurance broker. Completion Instructions Terms and Definitions Client Account means a current or...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/survey_broker_250418.pdf -
Date: 2018-11-30
[PDF]
GL16.pdf
... Assessment 7.1 ICP 19.6.2 specifies that insurers should seek the information from their customers that is appropriate for assessing their insurance needs, before giving advice or concluding a contract. This information may vary, but should at least include information on the customer’s: 7 (a) knowledge and...
https://www.ia.org.hk/english/legislative_framework/files/GL16.pdf -
Date: 2020-09-24