... the FNA. With respect to the following issues, we have discussed and agreed with the Insurance Authority (IA) that: (A) Suitability Assessment (Q4): Individual LIMs should define which products would be suitable for clients with Savings Need Vs Investment Need and take into consideration at the stage...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_HKFI_FAQ_Initiative_on_FNA_v1_13_11_2015_20190823.pdf -
Date: 2019-12-20
... Understanding Travel Insurance Claims cases Case 1: Trip delay Ms. Lai was notified by the airline that her scheduled flight back to Hong Kong in the morning was cancelled due to a mechanical breakdown, and that another flight had been...
https://www.ia.org.hk/english/travel_insurance/claims_cases.html -
Date: 2024-01-18
... FORM C1 [para. 3, Sch. 2] Particulars Required in Respect of Person Becoming Actuary of Authorized Insurer Pursuant to Section 15(3A) of Insurance Ordinance (Cap. 41) or Ceasing to be Actuary 1. Name of Authorized Insurer* .............................................. of which a person has— †(a...
https://www.ia.org.hk/english/infocenter/forms/files/form_c1_sch_2.docx -
Date: 2019-04-24
... its impacts, the insurance industry has also been playing a vital role in the joint effort in managing and mitigating climate-related risks. The Insurance Authority (IA) hosted a thematic breakout session titled “Innovating Insurance to Combat Climate Change” today (10 January 2022) at the...
https://www.ia.org.hk/english/infocenter/press_releases/20220110.html -
Date: 2022-01-10
... Application for Insurance Agency Licence For Official Use O D N 1st Review 2nd Review C S F Approved † Please tick the appropriate box. Version: September 2019 1 Form A5 Please complete all items in BLOCK LETTERS. All amendments must be signed by Applicant. I. Particulars of Applicant Name in...
https://www.ia.org.hk/english/infocenter/forms/files/Agency_form.pdf -
Date: 2022-01-06
... Application for Insurance Agency Licence For Official Use O D N 1st Review 2nd Review C S F Approved † Please tick the appropriate box. Version: September 2019 1 Form A5 Please complete all items in BLOCK LETTERS. All amendments must be signed by Applicant. I. Particulars of Applicant Name in...
https://www.ia.org.hk/english/infocenter/forms/files/Agency_form.pdf -
Date: 2022-05-31
... Application for Insurance Agency Licence For Official Use O D N 1st Review 2nd Review C S F Approved † Please tick the appropriate box. Version: September 2019 1 Form A5 Please complete all items in BLOCK LETTERS. All amendments must be signed by Applicant. I. Particulars of Applicant Name in...
https://www.ia.org.hk/english/infocenter/forms/files/Agency_form.pdf -
Date: 2020-06-24
... and the general guiding principles of the Insurance Authority (“IA”) in assessing the adequacy of the reinsurance arrangements of an insurer. Specific references are: (a) Section 8(3)(c) of the Ordinance requires an insurer to have adequate reinsurance arrangements in respect of its insurance business...
https://www.ia.org.hk/english/legislative_framework/files/GL17.pdf -
Date: 2020-09-24
... Insurance; “Underlying funds” means those funds or assets to which value of a policy of Linked Long Term Insurance is linked. Client Agreement in Writing A Member, who is engaged in Linked Long Term Insurance Business, shall enter into a written agreement with that client (Client Agreement), and shall...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN9_GN_on_Client_Agreement_for_LLT_v1_22_7_2011_eg19.pdf -
Date: 2019-12-20
... FT Asia Insurance Summit 2018 Seeking Strategies for Growth Regulatory Keynote Speech on 11 October 2018 Distinguished guests, ladies and gentlemen, I am delighted to be here at the Financial Times Asia Insurance Summit with the theme of “Seeking Strategies for Growth”. This is a deep and...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2018.pdf -
Date: 2021-12-09