... Proposed New Rules, Codes and Guidelines We are developing a new set of rules, codes and guidelines for the supervision of licensed insurance intermediaries under new regime.  When setting the new requirements, references are made to the rules and regulations...

... The law stipulates that premiums paid for deferred annuity products satisfying a set of criteria set out in the guideline issued by the Insurance Authority (IA) are eligible for tax deduction under the salaries tax and personal assessment. Please visit the List of Qualifying Deferred Annuity Policies...

... innovative and robust business model using digital distribution to bring benefits to the consumers. While these two initiatives were just launched less than three weeks ago, we have already received very positive responses from interested market players. To complement these initiatives, we have also...

... innovative and robust business model using digital distribution to bring benefits to the consumers. While these two initiatives were just launched less than three weeks ago, we have already received very positive responses from interested market players. To complement these initiatives, we have also...

...) (“IO”)) checks that the broker company is complying with the requirements in the insurance regulatory framework. These include the requirements set out in the Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules, the Code of Conduct for Licensed Insurance Brokers...

... innovative and robust business model using digital distribution to bring benefits to the consumers. While these two initiatives were just launched less than three weeks ago, we have already received very positive responses from interested market players. To complement these initiatives, we have also...

... Preparatory Works To prepare for the new regime, we are drafting new rules, codes and guidelines and developing a new computer system and online portal.  We have also set up a Working Group on Direct Licensing Regime for Insurance Intermediaries and two...

... Ordinance (Cap. 622), or one formed and registered under the former Companies Ordinance, including a non-Hong Kong company to which Part 16 of the Companies Ordinance (Cap. 622) applies. Authorization requirements and procedures are set out in the Authorization Guideline (GL1) and Guideline on...

... capture business opportunities, and more importantly, extend the capacity of the insurance industry; thus enhancing its sustainable development.” The bill also seeks to expand the scope of insurable risks of captive insurers set up in Hong Kong, helping the industry capitalise on business...