... insurer considered that the medical issues of Mr A’s son were related to a congenital condition and declined the hospitialisation claim according to the exclusion clause in the policy terms. Mr A then lodged a complaint to the ICB. The Complaints Panel of the ICB supported the insurer’s...

... appointment as a new Non-Executive Director (NED) of the IA and the seven incumbent NEDs on their reappointments: Mr Samuel Chan Ka-yan, Professor Chan Wai-sum, Ms Chitty Cheung Fung-ting, Mr Kenneth Kwok Tsun-wa, Mr Ma Ho-fai, Mr James Wong Chien-kuo and Mr Stephen Yiu Kin-wah. Established in...

... protection are. Case 3: Merchandise broken by a child Mrs. Lee and her five-year-old son went shopping in a department store, and her son accidentally knocked a crystal decoration onto the floor, causing it to break into pieces. The shop demanded that Mrs. Lee pay for the broken...

... 24 November 2004 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, United Nations (Anti-Terrorism Measures) Ordinance ("Ordinance") and United...

... Approved Bodies of Insurance Brokers Approved Bodies of Insurance Brokers as at the date of last update Name of Approved Bodies Address Telephone No. Fax No. Official Website Address Email Address The Hong Kong Confederation of Insurance Brokers Room 3407, AIA Tower, 183 Electric Road, Fortress...

... early years of the policy period. To protect your interests, you should carefully compare your existing and the new insurance policies and assess whether the replacement of policy is in your best interests before making a decision. This leaflet provides you with some useful guidance when you are...

... Guidelines and Circulars Guideline on Anti-Money Laundering and Counter-Terrorist Financing (GL3) Guideline on Exercising Power to Impose Pecuniary Penalty in respect of Anti-Money Laundering and Counter-Terrorist Financing (GL3A...

... Supervisory standards and requirements When carrying on business involving the use of premium financing, insurers and insurance intermediaries must comply with the Guideline on Underwriting Long Term Insurance Business (other than Class C Business) (GL16...

... Authorization and Annual Fees (as at 1 June 2017) Every authorized insurer must pay the prescribed fees to the Insurance Authority not later than the date on which it is authorized; and annually upon the anniversary of such date. Please refer to the...

... Reference Materials and Relevant Websites Reference materials The Insurance Authority ("IA") (previously the Office of the Commissioner of Insurance (“OCI”)) has organized Anti-Money Laundering (“AML”) briefing sessions...