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⏭... Sufficiently regular basis in this regard will depend on the size and complexity of the broker’s operations and further guidance on this is included below. 2. In developing systems of control brokers should have regard to the following control objectives: 2.1 Control objectives over accounting records: (a...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN11_Guidance_Note_on_Keeping_of_Separate_Client_Monies_v1_16_8_2013_eg19.pdf -
Date: 2019-12-20
... Guideline, does “long term business” also include accident / health / disability policy with minimal life coverage? A1 The term “long term business” used in the Guideline bears the same meaning as the same term defined in section 2 of the Insurance Ordinance (Cap. 41) (the “Ordinance”), which, for the...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL27.pdf -
Date: 2020-09-24
... Guideline, does “long term business” also include accident / health / disability policy with minimal life coverage? A1 The term “long term business” used in the Guideline bears the same meaning as the same term defined in section 2 of the Insurance Ordinance (Cap. 41) (the “Ordinance”), which, for the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL27.pdf -
Date: 2020-12-21
[PDF]
circulars01.pdf
... Israeli model for capital requirements does not include any requirements for risks other than insurance risks2, and because a comparison to advanced models indicates significant level of divergence between the capital required in Israel and that required in developed countries, it is proposed that action...
https://www.ia.org.hk/english/infocenter/files/circulars01.pdf -
Date: 2019-09-03
[PDF]
circulars01.pdf
... Israeli model for capital requirements does not include any requirements for risks other than insurance risks2, and because a comparison to advanced models indicates significant level of divergence between the capital required in Israel and that required in developed countries, it is proposed that action...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/circulars01.pdf -
Date: 2019-09-10
... 1 CIB Annual Conference 2020 “Our New Opportunity – The Greater Bay Area” 2 November 2020 Opening Address by Mr Clement Cheung Chief Executive Officer of the Insurance Authority It is my pleasure and privilege to deliver the opening address for the Annual Conference 2020 organized by the Hong Kong...
https://www.ia.org.hk/english/infocenter/files/CIB_opening_address_2020.pdf -
Date: 2021-12-09
[PDF]
Circular_30092021.pdf
... Joint Inspection on the Use of Premium Financing to Take Out Long Term Insurance Policies in Hong Kong 30 September 2021 Ref: INS/TEC/9/2/2/26 HKMA/B1/15C To: Chief Executives of all authorized insurers carrying on long term insurance business, Responsible Officers of all licensed insurance broker...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_30092021.pdf -
Date: 2021-12-10