Insurance

The Insurance Authority publishes an Explanatory Note on “Regulated Activity” under the Insurance Ordinance

The Insurance Authority publishes an Explanatory Note on “Regulated Activity” under the Insurance Ordinance 150 150 Charing
On 12 October 2021, the Insurance Authority (the “IA”) published an explanatory note (the “Explanatory Note”) on “Regulated Activity” under the Insurance Ordinance (Cap. 41) (the “IO”).

New MOU between Insurance Authority & Insurance Complaints Bureau

New MOU between Insurance Authority & Insurance Complaints Bureau 1400 788 Kelly
The Insurance Authority and Insurance Complaints Bureau entered into a memorandum of understanding aiming to expedite the handling of claim related disputes.

Joint Inspection by IA & HKMA on use of premium financing to take out long term insurance policies in Hong Kong

Joint Inspection by IA & HKMA on use of premium financing to take out long term insurance policies in Hong Kong 1401 788 Louise
On 30 September 2021, the Insurance Authority and the Hong Kong Monetary Authority published a circular on the IA and the HKMA’s joint inspection exercise relating to premium financing of long term insurance policies in Hong Kong.
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