... Development New Initiatives (300,000) (200,000) (100,000) 0 100,000 200,000 300,000 400,000 500,000 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 10.0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Year Per Capita GDP (RHS) Per Capita GDP Year-on-year Growth...

... Hong Kong celebrates the issuance of a catastrophe bond by the World Bank and its listing on HKEX 28 March 2023 The Government and the Insurance Authority (IA) today (28 March 2023) welcomed the issuance of insurance-linked securities (ILS) in the...

... insurance intermediaries on 23 September 2019, the Insurance Authority (“IA”) becomes responsible for licensing and regulation of insurance intermediaries in Hong Kong. New Regulatory Regime for Insurance Intermediaries Enhance professionalism of insurance intermediaries Enhance regulatory e�ciency Enhance...

... Intermediaries Qualifying Examination (IIQE) In view of the latest COVID-19 situation, the Vocational Training Council (VTC), being the appointed examination body for the IIQE, is providing limited services and there is a substantial decrease in its on-campus IIQE seating capacity. The VTC, however, is...

... GUIDELINE ON EXERCISING POWER TO IMPOSE PECUNIARY PENALTY IN RESPECT OF ANTI-MONEY GL3A GUIDELINE ON EXERCISING POWER TO IMPOSE PECUNIARY PENALTY IN RESPECT OF ANTI-MONEY LAUNDERING AND COUNTER- TERRORIST FINANCING (For authorized insurers and, reinsurers , appointed insurance agents and...

... insurance intermediaries on 23 September 2019, the Insurance Authority (“IA”) becomes responsible for licensing and regulation of insurance intermediaries in Hong Kong. New Regulatory Regime for Insurance Intermediaries Enhance professionalism of insurance intermediaries Enhance regulatory e�ciency Enhance...

... Frequently Asked Questions in relation to Anti-Money Laundering and Counter-Terrorist Financing 15 April 2019 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Frequently Asked Questions in relation to Anti-Money Laundering and...

... 5.1.4b are replaced by the text below: 5.1.4 Insurance Complaints Bureau (‘ICB’) The Insurance Complaints Bureau (‘ICB’) was inaugurated on 16 January 2018 to supersede The Insurance Claims Complaints Bureau (‘ICCB’) in providing an alternative dispute resolution mechanism to help resolve...

... individual insurance agent, or a licensed technical representative (agent). Licensed insurance agency is a sole proprietor, partnership or company who is granted a licence under section 64U of the IO to carry on regulated activities in one or more lines of business, as an agent of any...