... (“SROs”) 4 and everyone who is involved or connected with the insurance industry. This is the day when the IA will take over the regulation of insurance intermediaries from the SROs, putting it on statutory footing. The IA will be the sole authority for granting licences, conducting due diligence...

...). The agent did not, however, tell the policy holder this. Only when the policy holder later checked with the insurer was the truth discovered. The policy holder complained to the insurer about the agent’s conduct. In response, the agent returned RMB6,000 to the policy holder, but astonishingly...

... (“SROs”) 4 and everyone who is involved or connected with the insurance industry. This is the day when the IA will take over the regulation of insurance intermediaries from the SROs, putting it on statutory footing. The IA will be the sole authority for granting licences, conducting due diligence...

... who, alone or jointly with others, is responsible for the conduct of the whole of the insurance broking business of such insurance broker carried on within Hong Kong, not being a person who: (1) is also responsible for the conduct of insurance broking business carried on by the insurance broker...

... in the two jurisdictions,” said Mr. Clement Cheung, Chief Executive Officer of the IA. “With the signing of this MoU, the two sides will strive to pursue a wide range of activities on technical assistance, capacity building, exchange of information and development of InsurTech...

... total GWP of direct MV business in 2019 4 . Although Comprehensive cover was still loss-making, the underwriting result improved, with loss reduced to HK$74 million in 20194 from HK$136 million in 20185. On the contrary, the underwriting performance for Third Party cover deteriorated in 20194 due to...

... Circulars on Regulatory Matters 2019 Date Subject 29 November 2019 GL31: Guideline on Medical Insurance Business (Insurers) GL31: Guideline on Medical...

... potential policy holder concerned, and with integrity”; (b) Section 90(d) of the Ordinance which requires a licensed insurance intermediary when carrying on a regulated activity to “have regard to the particular circumstances of the policy holder or the potential policy holder that are necessary for...

... potential policy holder concerned, and with integrity”; (b) Section 90(d) of the Ordinance which requires a licensed insurance intermediary when carrying on a regulated activity to “have regard to the particular circumstances of the policy holder or the potential policy holder that are necessary for...