Insurance Company License Hk

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Insurance company license hk. Following the direct regulation over insurance intermediaries by the insurance authority as from 23 september 2019 cib will continue to act as the professional representative voice of the insurance broking community in hong kong. Given the latest situation around the covid 19 outbreak and in order to safeguard the health and safety of our customers employees and the community special work arrangement has been implemented for the hong kong office of zurich insurance. Currently the following two categories of licensed corporations are required to take out insurance. List of authorized insurers pdf office of the commissioner of insurance.

622 the accounting standards generally accepted in hong. An insurance broker means a person who carries on the business of negotiating or arranging contracts of insurance in or from hong kong as the agent of the policy holder or potential policy holder or advising on matters related to insurance. Onedegree announces that it has been granted a virtual insurance license by the hong kong insurance authority ia becoming the first independent technology company in hong kong to offer non life insurance directly to customers through an entirely digital platform. This is a list of insurance companies in hong kong.

A licensed insurance broker company means a if the company is incorporated in hong kong the accounting standards generally accepted in hong kong. Hong kong s newly established insurance authority plans to spend its first two years determining new licensing requirement for the roughly 100 000 insurance salespeople in the city but will not. 1 participants of the stock exchange of hong kong limited and licensed for type 1 regulated activity.