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... incumbent for insurers to step up their controls in mitigating cyber risks. With the increased incidents of cyber attack and its increasing sophistication, strong cyber resilience is important for insurers to protect the personal information of its policy holders, and digital/electronic data of its business...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20170517.pdf - Date: 2018-01-12
... given circumstances. The law of agency are those rules of law which govern an agency relationship. The law of contract also has to be considered as the agent often arranges an agreement with the third party, or performs it, on behalf of his principal. There are two contracts to consider: (a) one between...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/13.sn-TIA-2017_eng.pdf - Date: 2019-12-02
... carrying on regulated activities. 1.3 This Guideline aims to provide general guidance for the following persons to comply with the CPD requirements. (a) An individual licensee (as defined in paragraph 2.1); (b) An authorized insurer which appoints a licensed individual insurance agent; (c) A licensed...
https://www.ia.org.hk/english/legislative_framework/files/Eng_GL24_CPD.pdf - Date: 2020-09-24
... carrying on regulated activities. 1.3 This Guideline aims to provide general guidance for the following persons to comply with the CPD requirements. (a) An individual licensee (as defined in paragraph 2.1); (b) An authorized insurer which appoints a licensed individual insurance agent; (c) A licensed...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonContinuingProfessionalDevelopmentforLicensedInsuranceIntermediaries.pdf - Date: 2020-06-24
... carrying on regulated activities. 1.3 This Guideline aims to provide general guidance for the following persons to comply with the CPD requirements. (a) An individual licensee (as defined in paragraph 2.1); (b) An authorized insurer which appoints a licensed individual insurance agent; (c) A licensed...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonContinuingProfessionalDevelopmentforLicensedInsuranceIntermediaries_Brokers.pdf - Date: 2020-06-24
... carrying on regulated activities. 1.3 This Guideline aims to provide general guidance for the following persons to comply with the CPD requirements. (a) An individual licensee (as defined in paragraph 2.1); (b) An authorized insurer which appoints a licensed individual insurance agent; (c) A licensed...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Eng_GL24_CPD.pdf - Date: 2019-09-10
... linked” entities that are members of the supervised group. It should be noted, however, that the manner in which a DIHC would be expected to exercise its control and influence on a closely linked member would depend on the nature, scale and complexity of risks associated with the closely linked member....
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_06102021.pdf - Date: 2021-12-10
... February 2018 and will come into operation on 1 March 2018. The Amendment Ordinance is available on the Government’s website (http://www.gld.gov.hk/egazette/pdf/20182205/es1201822054.pdf). You are reminded to review the Amendment Ordinance and ensure compliance with its requirements, including those set...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/aml_tec-6-45_CE_20180209.pdf - Date: 2019-02-01
... business suffered a decline of 1.3% with the Non-medical subclass tumbling by 33.1% as a result of reduced outbound travel, and the growth of Medical subclass slowing down to 4.7%. Nonetheless, gross premiums of Pecuniary Loss business surged by 72.9% on the back of demands arising from upward adjustment...
https://www.ia.org.hk/english/infocenter/press_releases/20200831.html - Date: 2021-09-03
... expenses. I was going to pay it back. Honest!” Agent collects premium of 30+ policy holders on 40+ policies. Disappears with the money. 9 The importance of strong organizational culture to Business Ethics “Culture” refers to the values and norms that are shared by people who work for or represent a company...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Future_Task_Force_MC_16_Dec_2020.pdf - Date: 2020-12-21