..., regional and global development 2 The Insurance Authority (IA) • Established in December 2015 as PIA • An insurance regulator independent of the Government and the industry • Took over statutory functions from the former Office of the Commissioner of Insurance (OCI) to regulate insurance companies in June...
https://www.ia.org.hk/english/infocenter/files/HKGCC_Town_Hall_Forum_Series.pdf -
Date: 2020-06-12
... standards of conduct and business practice for authorized insurers underwriting Investment-Linked Assurance Schemes (“ILAS”) business. 1.2 In response to GN 15, this Guidance Note is issued to set out such standards of conduct and business practice in so far as they are applicable to members of PIBA in...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_PIBA_Guidance_Note_on_Conducting_Investment_Linked_Business_v1_24_12_2014_eg19.pdf -
Date: 2019-12-20
...%. Every principal named on last year’s league table has, this year, achieved perfection in the form of 100% CPD compliance across their appointed insurance intermediaries. Given the success of the “CPD Non-Compliance League Table” last year, we publish the table again this...
https://www.ia.org.hk/english/infocenter/press_releases/20231220_1.html -
Date: 2023-12-20
... Consultation Conclusions on the Draft Code of Conduct for Licensed Insurance Agents September 2019 Consultation Conclusions on the Draft Code of Conduct for Licensed Insurance Agents 1 Contents Introduction 2 Feedback Received and Insurance Authority’s Response 3 Conclusions and Next Steps 26...
https://www.ia.org.hk/english/infocenter/files/Consultation_Conclusions_Agents_Code_Eng.pdf -
Date: 2019-09-03
... Consultation Conclusions on the Draft Code of Conduct for Licensed Insurance Agents September 2019 Consultation Conclusions on the Draft Code of Conduct for Licensed Insurance Agents 1 Contents Introduction 2 Feedback Received and Insurance Authority’s Response 3 Conclusions and Next Steps 26...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Consultation_Conclusions_Agents_Code_Eng.pdf -
Date: 2019-09-10
... for the first quarter of 2023, showing a decrease of total gross premiums by 7% to $147.2 billion over the corresponding period in 2022. (Percentage figures shown in brackets represent year-on-year changes) Long term business Total revenue premiums of in-force long...
https://www.ia.org.hk/english/infocenter/press_releases/20230531.html -
Date: 2023-05-31
... REPORT ON GL12 GUIDELINE ON REINSURANCE WITH RELATED COMPANIES Insurance Authority Contents Page 1. Introduction……………………………………………….. 1 2. Application of this Guideline…….……………………….. 1 3. Interpretation……………………………………………… 2 4. Adequacy of Reinsurance Arrangements………………… 3 5. Commencement...
https://www.ia.org.hk/english/legislative_framework/files/GL12.pdf -
Date: 2020-09-24
... purposes without the OCI’s prior written consent. 2 AML/CFT Systems and Senior Management Oversight How well do insurance institutions understand their ML/TF risks and apply mitigating measures commensurate with their risks? 3 AML/CFT Systems and Senior Management Oversight 4 Country risk – whether...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/e-ppt20141013-01.pdf -
Date: 2021-11-12
... purposes without the OCI’s prior written consent. 2 AML/CFT Systems and Senior Management Oversight How well do insurance institutions understand their ML/TF risks and apply mitigating measures commensurate with their risks? 3 AML/CFT Systems and Senior Management Oversight 4 Country risk – whether...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/e-ppt20141013-01.pdf -
Date: 2022-04-27
... purposes without the OCI’s prior written consent. 2 AML/CFT Systems and Senior Management Oversight How well do insurance institutions understand their ML/TF risks and apply mitigating measures commensurate with their risks? 3 AML/CFT Systems and Senior Management Oversight 4 Country risk – whether...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/e-ppt20141013-01.pdf -
Date: 2019-11-05