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Hong Kong Insurance Authority

(保險業監管局)

Hong Kong Insurance Authority
保險業監管局
The latest news and top stories on Hong Kong Insurance Authority (IA), established for regulating and supervising the insurance industry. Its mission involves promoting stable market development protecting policyholders and maintaining financial stability. The IA's areas of focus include administering the Insurance Ordinance, overseeing insurers and intermediaries, fostering Insurtech innovation and enhancing regulatory frameworks like the risk-based capital regime.
Insurance

Hong Kong insurers move to help fire victims claim payouts on 12,000 policies

Insurance Authority confirms 12,000 policies impacted, with payouts spanning life, medical, property and accident coverage.

Hong Kong life insurance sales hit record high on high-net-worth demand

Hong Kong regulator puts a 50% cap on referral fees for insurance sales

The new regulation addresses a grey area where some brokers pay 90 per cent of commission as referral fees to unlicensed persons.

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