... months by now, I would like to share with readers some of my observations on the Hong Kong insurance industry and the issues confronting it. The first quarter figures released in May are revealing. Long term in-force business grew by 36% over the same period last year and new business increased by a...

... terms of any revocation, suspension or prohibition to be imposed under the decision; the terms of any reprimand; and the amount of any pecuniary penalty to be imposed and the period within which it is required to be paid. The disciplinary actions may...

... Combined Assessment Period 2019/21 27/9/2022 N/A Insurance Authority bans former insurance agent for two years for using false academic certificate under the self-regulatory regime 29/8/2022...

... Regulated Person to respond within a certain period of time. The Preliminary Findings Letter and the opportunity to respond, provide another avenue for the Regulated Person to address the allegations and may also serve as a means of narrowing the issues in dispute. In order to conclude the investigation...

... products and signing the application. Validity Period: A signed FNA form shall have a validity period of one year, i.e. in the event that a customer purchases additional insurance coverage from the same Member Company within a year after an FNA form is signed, he/she will not necessarily have to go through...

... within a period of three years from the date of signing of the relevant client agreement and/or related correspondence; and (c) deemed compliance in respect of B and C below will not apply where the client agreement and/or related correspondence does not clearly specify that any brokerage to be received...

... of the investigator and invite the Regulated Person to respond within a certain period of time. The Preliminary Findings Letter and the opportunity to respond, provide another avenue for the Regulated Person to address the allegations and may also serve as a means of narrowing the issues in dispute....

... of the investigator and invite the Regulated Person to respond within a certain period of time. The Preliminary Findings Letter and the opportunity to respond, provide another avenue for the Regulated Person to address the allegations and may also serve as a means of narrowing the issues in dispute....

... June 2021 The IA received 738 complaints during the period from 1st January 2021 to 30th June 2021 (compared to 778 over the same period in 2020). In terms of category, the most significant number of complaints were received in the category of “conduct”. Explanation of Complaint categories Conduct...

... June 2021 The IA received 738 complaints during the period from 1st January 2021 to 30th June 2021 (compared to 778 over the same period in 2020). In terms of category, the most significant number of complaints were received in the category of “conduct”. Explanation of Complaint categories Conduct...