... a minimum paid up share capital of HK$100,000 and a minimum net assets value (including paid up share capital) of HK$100,000. (revised on 15 July 2015) 5.1.2 The net assets value is to be determined by excluding all intangible assets and deducting any shareholder’s loans or advances, unless these...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/11a_CIB_Membership_Regulations_v11_15_7_2015_English_eg19.pdf -
Date: 2019-12-20
... importance: Chapter Relative Weight 1 12% 2 16% 3 30% 4 9% 5 5% 6 21% 7 7% Total 100% 1/1 1 RISK AND INSURANCE 1.1 CONCEPT OF RISK 1.1.1 Meaning of Risk There have been many attempts to define ‘risk’. Probably, to most of us, ‘risk’ contains a suggestion of loss or danger. We may therefore define it as...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/9.sn-pp-2017_eng.pdf -
Date: 2019-12-02
... importance: Chapter Relative Weight 1 12% 2 16% 3 30% 4 9% 5 5% 6 21% 7 7% Total 100% 1/1 1 RISK AND INSURANCE 1.1 CONCEPT OF RISK 1.1.1 Meaning of Risk There have been many attempts to define ‘risk’. Probably, to most of us, ‘risk’ contains a suggestion of loss or danger. We may therefore define it as...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P1_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
... compulsory CPD hours on “Ethics or Regulation”. 2 The total number of CPD hours required for an individual licensee granted a licence by the IA in August 2021 is 12 CPD hours, 3 of which must be related to “Ethics or Regulations”. Please refer to table 1 in Annex 2 to GL24: Granted a TRB licence by the IA on...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_eng.pdf -
Date: 2021-12-10
... compulsory CPD hours on “Ethics or Regulation”. 2 The total number of CPD hours required for an individual licensee granted a licence by the IA in August 2021 is 12 CPD hours, 3 of which must be related to “Ethics or Regulations”. Please refer to table 1 in Annex 2 to GL24: Granted a TRB licence by the IA on...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_eng.pdf -
Date: 2021-09-09
... million from the Government. The IA is a financial regulator deriving its income from premium levies, authorization and annual fees, and specific user fees. We strive to achieve financial independence and are committed to deploying our resources optimally in performing our statutory functions. 4 total...
https://www.ia.org.hk/english/infocenter/files/IA_AR_Synopsis_2019_20_Eng.pdf -
Date: 2021-12-14
... million from the Government. The IA is a financial regulator deriving its income from premium levies, authorization and annual fees, and specific user fees. We strive to achieve financial independence and are committed to deploying our resources optimally in performing our statutory functions. 4 total...
https://www.ia.org.hk/english/infocenter/files/IA_AR_Synopsis_2019_20_Eng.pdf -
Date: 2022-05-24
...% Claims 18% Conduct 28% Business or Operations 21% Services 15% Insurance Intermediary against Insurer 1% Others 1% Total: 1304 Representation of Information 17% Claims 17% Conduct 27% Business or Operations 19% Services 16% Insurance Intermediary against Insurer 3% Others 1% Total: 1434 Complaint...
https://www.ia.org.hk/english/infocenter/files/Conduct_in_Focus_Mar_issue_EN.pdf -
Date: 2022-05-24
... policies per annum and 50 investment-linked long term policies in total within the five-year period immediately before 1 January 2002. Continuing Professional Development (“CPD”) Programme T he CPD Programme was launchedon 1 January 2002. All insurance 11 intermediaries, their chief executives/ responsible...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens8-p3.pdf -
Date: 2020-09-28
... policies per annum and 50 investment-linked long term policies in total within the five-year period immediately before 1 January 2002. Continuing Professional Development (“CPD”) Programme T he CPD Programme was launchedon 1 January 2002. All insurance 11 intermediaries, their chief executives/ responsible...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens8-p3.pdf -
Date: 2021-11-01