2021-09-30

Added · Updated

Joint Inspection on the Use of Premium Financing to Take Out Long Term Insurance Policies in Hong Kong

The Insurance Authority and the Hong Kong Monetary Authority conducted a joint inspection regarding the use of premium financing for long-term insurance policies in Hong Kong. The inspection focused on evaluating compliance with regulatory standards and identifying key findings related to the practices of authorized institutions. The document serves as an annex detailing the outcomes and expectations for institutions engaging in such financing arrangements.

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Hong Kong Monetary Authority

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CIR

Current

Issue Date:

30 Sep 2021

20210930-7-EN.pdf (163.1 KB)

Topic:

Wealth Management & MPF - Insurance products

Keyword:

Group:

All Authorized Institutions

Directly related Document

Cross referenced Document

Version History

Superseded Document

Directly related Document

CIR

Current

30 Sep 2021

Joint inspection on the use of premium financing to take out long term insurance policies in Hong Kong

CIR

Current

30 Sep 2021

Joint inspection on the use of premium financing to take out long term insurance policies in Hong Kong

Cross referenced Document

Version History

Superseded Document

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