Hong Kong Insurance Authority
The Hong Kong Insurance Authority (IA) is an insurance regulator established under the Insurance Ordinance (Cap. 41). The principal function of IA is to regulate and supervise the insurance industry for the promotion of the general stability of the insurance industry and for the protection of existing and potential policy holders.
See below for the Latest Hong Kong Insurance Authority News, Analysis, Profit Results, Share Price Information, and Commentary.
Hong Kong Insurance Authority sets 50% cap on broker referral fees
Hong Kong Insurance Authority sets 50% cap on broker referral fees
The HKIA warned that excessive referral fees could mask commission rebates.
HKIA launches AI cohort programme with seven insurers
A survey of more than 110 insurers showed 20% already have AI adoption strategies.
IA approves SAIC Motor Insurance for captive operations in Hong Kong
This is the second captive authorisation in Hong Kong this year.
Hong Kong IA to Proceed with Public Disclosure Rules for Insurers from 2026
The new rules apply to both local and overseas insurers with a Hong Kong branch.
HKIA issues guidance on intermediary pay for long-term policies
The HKIA expects insurers to ensure intermediaries provide both pre-contract advice.
Hong Kong insurance premiums hit $28.6b in Q1 2025
This was driven by robust growth in both long-term and general insurance business.
HKIA and peers unveil Charter 3.0 to strengthen scam defence
It brings together financial regulators, technology and telecommunications companies.
HKIA fines broker for inadequate indemnity insurance coverage
One company failed to segregate client monies from its own funds.
Global firms eye Hong Kong captives to manage risk
Self-insurance could lower premiums over time and improve liquidity.
HKIA bans two agents over fake policy applications
The HKIA described the misconduct as deliberate and damaging.
Hong Kong Insurance Authority welcomes re-domicile bill passage
HKIA CEO said the legislation offers a simpler and more cost-effective pathway.
Hong Kong’s insurance premiums reach $83b in 2024
Both long-term and general insurance sectors registered notable increases.
HKIA considers smoothing mechanism for insurance commissions structure
It also reported a 99.9% compliance rate with Continuing Professional Development (CPD) requirements.
HKIA sets 6% illustration rate cap on HKD policies
Caps apply only to internal rate of return used in benefit illustrations at the point of sale.
FuSure Reinsurance obtains Composite License from Hong Kong
The company is also exploring health, auto, pet, cybersecurity, and liability insurance.
HKIA supports budget initiatives for insurance sector
Yiu highlighted the extension of the Pilot Insurance-linked Securities Grant Scheme.
KoverNow gets greenlight from HKIA, launches app
It offers coverage for luxury goods and collectibles.
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