... 2018. Industry Advisory Committees The Industry Advisory Committees (“IACs”) are statutory committees set up to advise the IA on matters pertinent to the long term business and the general business of the insurance industry. In June 2016, non-official members of the two IACs were appointed by the...

... 2018. Industry Advisory Committees The Industry Advisory Committees (“IACs”) are statutory committees set up to advise the IA on matters pertinent to the long term business and the general business of the insurance industry. In June 2016, non-official members of the two IACs were appointed by the...

... 2018. Industry Advisory Committees The Industry Advisory Committees (“IACs”) are statutory committees set up to advise the IA on matters pertinent to the long term business and the general business of the insurance industry. In June 2016, non-official members of the two IACs were appointed by the...

... Hong Kong Federation of Insurers, The Hong Kong Confederation of Insurance Brokers and the Professional Insurance Brokers Association.  The Insurance Companies (Amendment) Ordinance 2015 (“Amendment Ordinance”), which was enacted on 10 July 2015, provides for, among other things, the...

... Insurance Authority – Briefing Session on 21 July 2017 31 July 2017 1 Bullet points of major principles/concepts for premium levy collection:  Deduct levy (together with premium) by auto-pay  Need policy holder consent, e.g. notify policy holder of the “default option” and allow opt out in...

... Users who link from the IA website to websites provided by other organisations should be aware that the information on those websites has not been compiled or issued by the IA. The IA is not responsible for such information and makes no representation about its accuracy, completeness or legality and...

... supervisory requirements adopted under Phase 2 of the TFM. (vii) Insurers and intermediaries should put in place adequate policies and procedures, as well as control and monitoring on transactions where the variation has been adopted. (viii) Insurers and intermediaries should provide staff training as...

... supervisory requirements adopted under Phase 2 of the TFM. (vii) Insurers and intermediaries should put in place adequate policies and procedures, as well as control and monitoring on transactions where the variation has been adopted. (viii) Insurers and intermediaries should provide staff training as...

... policies must be issued (and with premium duly paid) on or before 31 March 2020. Temporary facilitative measures on the supervisory requirements are therefore introduced to facilitate non-F2F distribution methods for these two particular products as a matter of priority. To ensure the interests of...

... policies must be issued (and with premium duly paid) on or before 31 March 2020. Temporary facilitative measures on the supervisory requirements are therefore introduced to facilitate non-F2F distribution methods for these two particular products as a matter of priority. To ensure the interests of...