... first quarter of 2020, indicating a growth of total gross premiums by 10.9% to $165 billion over the corresponding period in 2019. (Percentage changes in brackets represent changes over the corresponding period of last year) Long term business Total revenue premiums...
https://www.ia.org.hk/english/infocenter/press_releases/20200529.html -
Date: 2021-09-03
... Notes on Application for Insurance Intermediary Licence Individual Insurance Agent/Technical Representative (Agent)/Technical Representative (Broker) 1 These Notes aim to provide guidance on matters relating to an application to become a Licensed Individual Insurance Agent, Licensed Technical...
https://www.ia.org.hk/english/infocenter/forms/files/Notes_on_Individual_Licence_Application_Apr2021.pdf -
Date: 2022-01-06
... Insurance Authority releases provisional statistics of Hong Kong insurance industry for 2019 13 March 2020 The Insurance Authority (IA) today (13 March 2020) released provisional statistics of the Hong Kong insurance industry for 2019, indicating a...
https://www.ia.org.hk/english/infocenter/press_releases/20200313.html -
Date: 2021-09-03
... Convoy Financial Solutions Limited (collectively the Companies) and has ordered each pay a fine of $95,000 (total $190,000) for failing to keep separate client accounts and maintain proper books and records. The disciplinary actions follow an investigation by the IA which discovered that during...
https://www.ia.org.hk/english/infocenter/press_releases/20230330.html -
Date: 2023-03-30
... Risk-based Capital Framework for Insurance Industry of Hong Kong Risk-based Capital Framework for Insurance Industry of Hong Kong Frequently Asked Questions Q1 What are the differences between a risk-based capital (RBC) framework and the existing rule-based regime? A1 Currently, the Insurance...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_faq.pdf -
Date: 2019-09-03
... Educational Attainment for Registration’s Purpose. Background Having attained an education standard of Form 5 (or equivalent) or higher is one of the Minimum Requirements for a person to apply for registration as Chief Executive or Technical Representative. To substantiate their application, applicants are...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN6_on_Doc_Proof_of_Edu_Attainment_15_3_2012_eg19.pdf -
Date: 2019-12-20
... standard requirements for benefit illustration documents to be provided to potential policy holders or existing policy holders to allow them to have adequate and clear information on the benefits of a life insurance policy. 2. Interpretation 2.1 In this Guideline, unless the context otherwise specifies: (a...
https://www.ia.org.hk/english/legislative_framework/files/GL28_English.pdf -
Date: 2020-09-24
... standard requirements for benefit illustration documents to be provided to potential policy holders or existing policy holders to allow them to have adequate and clear information on the benefits of a life insurance policy. 2. Interpretation 2.1 In this Guideline, unless the context otherwise specifies: (a...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Benefits_illustration.pdf -
Date: 2020-06-24
... standard requirements for benefit illustration documents to be provided to potential policy holders or existing policy holders to allow them to have adequate and clear information on the benefits of a life insurance policy. 2. Interpretation 2.1 In this Guideline, unless the context otherwise specifies: (a...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL28.pdf -
Date: 2019-11-29