... activities for the client, referred to in the Code of Conduct as a “client agreement”. 2. This Practice Note supplements Standard and Practice 5.4(a) of the Code of Conduct by setting out information which the Insurance Authority (“IA”) would expect a licensed insurance broker company (for the purpose of...

... activities for the client, referred to in the Code of Conduct as a “client agreement”. 2. This Practice Note supplements Standard and Practice 5.4(a) of the Code of Conduct by setting out information which the Insurance Authority (“IA”) would expect a licensed insurance broker company (for the purpose of...

... Engaged in the Sale of Insurance-related Investment Products 2 January 2007 Merchant Shipping (Local Vessels) Ordinance (Cap. 548...

... override the provision of any law. The IA reserves the right to review and update this Circular from time to time. Unless otherwise specified, words and expressions in this Circular shall have the same meanings as given to them in the Guideline. General Questions Q 1 Paragraph 1.2 of the Guideline...

... override the provision of any law. The IA reserves the right to review and update this Circular from time to time. Unless otherwise specified, words and expressions in this Circular shall have the same meanings as given to them in the Guideline. General Questions Q 1 Paragraph 1.2 of the Guideline...

... override the provision of any law. The IA reserves the right to review and update this Circular from time to time. Unless otherwise specified, words and expressions in this Circular shall have the same meanings as given to them in the Guideline. General Questions Q 1 Paragraph 1.2 of the Guideline...

... tax deduction1. The Government announced in the 2018-19 Budget tax incentive of up to $60,000 per year2 for deferred annuity policies. To allow flexibility for couples to benefit from the entitlement, they could enjoy a combined limit of $120,000 per year. “The tax incentive...

... combination of rates hardening and new business. Ships business and Property Damage business also contributed by reporting growth of 6.0% and 3.7% respectively, while being partially offset by a contraction in Pecuniary Loss business and Motor Vehicle (“MV”) business which reported a drop of 4.2...

... also incentivise insurers to enhance their risk management culture, thereby instiling market stability.” The RBC regime comprises three pillars: Pillar 1 on quantitative assessment, Pillar 2 on corporate governance and risk management and Pillar 3 on disclosure requirements. The Bill...

... Enhance Market Sustainability Promote Global Competitiveness IA’s Statutory Functions Research Study (White paper on trending topics about insurance and Insurtech) Open API (The enabling tool) Regulatory Interface (Updating Guidelines) 2 Upcoming IA Insurtech Initiatives in 2022 Opportunities to acquire...