Insurance Authority press releases on disciplinary action, conduct and regulatory updates for insurers and intermediaries.
Translation is not available yet. Showing the Traditional Chinese version.
保監局完成實地查察後要求富衛人壽保險（百慕達）有限公司繳付港幣1,950萬元罰款，指其在識別第三方付款人、處理可疑交易、收集政治人物資料及客戶盡職審查四方面存在不足。該公司已落實改善措施，並確認並無因延誤偵測而讓不合資格的客戶成功投保。
Why read this: 公布列出1,950萬元罰款金額與被指不足的四項管控範圍，讀者可據此核對處罰依據。
Translation is not available yet. Showing the Traditional Chinese version.
保監局與香港警務處在2026年8月27日對一間營運FLMI考試中心採取聯合執法行動，搜查九個地點並拘捕15人，包括三名現職及三名前持牌保險中介人。因有跡象顯示舞弊已持續一段時間而LOMA未能有效監察，保監局即時暫停認可FLMI為保險中介人申領牌照的學歷要求，並會檢視經該考試中心獲取資格的個案。
Why read this: 公布列明拘捕人數與受影響的資格安排，持有或正申請FLMI的中介人可據此核對自身情況。
The Insurance Authority has published consultation conclusions on proposed amendments to the risk-based capital regime under the Insurance (Valuation and Capital) Rules (Cap. 41R). Respondents were broadly supportive of the amendments, with comments mainly concerning the scope of eligible infrastructure investments and deduction factors. The finalised amendments will be submitted to the Legislative Council for negative vetting, with a target effective date of 31 December 2026, and will include consequential amendments to Cap. 41T.
Why read this: The consultation conclusions state that the finalised rules must be subject to the Legislative Council's negative vetting procedure, with a target effective date of 31 December 2026, allowing the industry to estimate the transition period accordingly.
The Insurance Authority published provisional statistics for the insurance industry in 2025, with gross premiums totalling HK$827 billion during the period, up 29.7% year on year. New business premiums for long-term business were HK$330.9 billion, up 50.6%; gross premiums for general business were HK$108.5 billion, up 8%, while overall underwriting profit was HK$11.4 billion, up 39.7%.
Why read this: The Insurance Authority released the total gross premiums along with breakdown figures for long-term and general business and their year-on-year changes, allowing readers to verify the actual growth in premiums and claims.
The Hong Kong Monetary Authority, Securities and Futures Commission, Insurance Authority and Mandatory Provident Fund Schemes Authority, together with Cyberport, announced the launch of GenA.I. Sandbox++, covering banking, securities and capital markets, asset and wealth management, insurance, the Mandatory Provident Fund and stored value payment instruments. The initiative focuses on risk management, anti-fraud and customer experience, with participating institutions receiving regulatory guidance, technical support, and free access to GPU computing resources at the Cyberport Artificial Intelligence Supercomputing Centre.
Why read this: The announcement sets out the financial sectors covered by the sandbox and the supercomputing centre GPU resources available for free use, allowing readers to check whether their own business falls within scope.
The Hong Kong Monetary Authority, Securities and Futures Commission, Insurance Authority and Mandatory Provident Fund Schemes Authority, together with Cyberport, announced the launch of GenA.I. Sandbox++, extending the 2024 GenA.I. Sandbox to banking, securities, insurance, MPF and stored value payment facilities. The initiative focuses on risk management, anti-fraud and customer experience, with participating institutions able to obtain regulatory guidance and free GPU computing resources.
Why read this: The plan expands the sandbox to multiple financial sectors, with participating institutions able to obtain regulatory guidance and Cyberport's free GPU computing resources, allowing readers to understand the support available when applying.
The Insurance Authority today launched a public consultation on proposed amendments to the Insurance (Valuation and Capital) Rules (Cap. 41R), aiming to enhance Hong Kong's competitiveness as a global risk management hub while maintaining appropriate prudential safeguards. The proposed amendments cover preferential capital treatment for qualifying infrastructure investments, capital requirements for general business, as well as technical amendments to index-linked universal life insurance business, crypto-assets and specified stablecoins. The consultation paper has been uploaded to the Insurance Authority's website, and the public may submit comments on or before 10 March 2026.
Why read this: The consultation sets out the proposed amendments covering preferential capital treatment for infrastructure investments and crypto-assets, among other areas, and specifies the deadline for submitting comments, allowing readers to judge whether they need to respond.
Translation is not available yet. Showing the Traditional Chinese version.
宏福苑大火至今已有1,032宗理賠個案（85%）處理完畢，涉及金額近5.1億元。當中一般保險863宗完成、人壽保險169宗完成，涉及金額分別約4.5億元和6千萬元。行政總監張雲正表示餘下個案須實地勘察和損毀評估，保監局會與香港保險業聯會跟進。
Why read this: 新聞稿分開列出一般保險與人壽保險的處理宗數和金額，讀者可核對宏福苑火災理賠的整體進度與完成比例。
The Insurance Authority released provisional statistics for the first three quarters of 2025, with gross premiums totalling $637 billion during the period, up 32.5% year on year. New business premiums for long-term business were $264.5 billion, up 55.9%; gross premiums for general business were $82.9 billion, up 10.5%, while overall operating profit was $10.1 billion, up 50.5%.
Why read this: The Insurance Authority breaks down premiums, claims and operating profits for long-term and general business separately, with year-on-year comparisons for all figures, allowing readers to check the actual trends across business segments.
The Insurance Authority announced that, three weeks after the fire at Wang Fuk Court in Tai Po, insurance companies had paid out more than $257 million. There were 149 life insurance cases, of which 109 had been settled with payouts of about $41.5 million, while the remaining 40 were still being processed; general insurance covered 1,038 claims with payouts of about $204 million.
Why read this: The press release lists the number of claims and amounts for life and general insurance separately, allowing readers to verify how the total of over $257 million is made up, and sets out the views of the Insurance Authority and the Insurance Federation of Hong Kong.
The Insurance Authority published provisional statistics for the first half of 2025, with gross premiums totalling $423.4 billion during the period. New business premiums for long-term business were $173.7 billion, up 50% year on year; in-force long-term business premium income was $365.0 billion, up 33.7%; gross premiums for general business were $58.4 billion, with an overall underwriting profit of $6.5 billion.
Why read this: The figures are listed item by item for long-term and general business, with year-on-year changes, allowing key increases such as the 50% rise in new business premiums to be verified.
The Insurance Authority has introduced a classification framework for "domestically systemically important insurers" (D-SII), with AIA Group Limited and Prudential plc Asia Limited classified as D-SIIs. The Insurance Authority will recommend to the Financial Secretary that all D-SIIs be brought within the scope of the Financial Institutions (Resolution) Ordinance (Cap. 628), with classifications assessed once a year.
Why read this: The announcement names the two insurance groups classified and sets out the enhanced supervisory requirements they must meet, as well as the proposed direction for bringing them within the scope of the resolution mechanism ordinance.
Translation is not available yet. Showing the Traditional Chinese version.
保監局公開譴責泰禾人壽，罰款港幣1,000萬元由股東基金承擔。事關2019年7月至2020年4月未經事先同意與Tahoe Group Global (Co.) Limited進行關聯交易，兩名時任董事不再被視為適當人選，保單持有人不受影響。
Why read this: 新聞稿列明違規關聯交易的具體時段、罰款由股東基金承擔，並說明保單持有人不受影響，讀者可對照自己持有的保單。
Translation is not available yet. Showing the Traditional Chinese version.
保監局歡迎立法會於2025年5月14日通過《2024年公司（修訂）（第2號）條例草案》，為尋求遷冊來港的公司提供簡單且具成本效益的框架。行政總監張雲正表示，本地具規模而在外地註冊的獲授權保險公司熱切期待草案通過，並稱選擇香港作為據點反映粵港澳大灣區互聯互通的優勢。
Why read this: 新聞稿列出條例草案的正式名稱和通過日期，並引述保監局行政總監說明新制度對外地註冊保險公司的吸引力。
The Insurance Authority released provisional statistics for 2024, with gross premiums reaching $637.8 billion during the period. New policy premiums for long-term business were $219.8 billion, up 21.4% year on year, of which new policy premiums from mainland visitors were $62.8 billion, up 6.5%, accounting for 28.6% of total new policy premiums for individual business. Gross premiums for general business were $100.5 billion, overall operating profit was $8.1 billion, and gross claims incurred totalled $53.0 billion.
Why read this: The release covers premiums, claims and operating profits for long-term and general business, allowing verification of the proportion of new policy premiums from mainland visitors within individual business and their year-on-year changes.
The Insurance Authority urges the public to watch out for fake emails sent from info@prudential-hk[.]site, which lure recipients to browse fraudulent websites in an attempt to obtain personal or payment details. The relevant websites impersonate Prudential Insurance Company Limited, which has confirmed it has no connection with them, and the case has been referred to the Hong Kong Police Force for investigation. Those who have provided information or made transactions can call the Prudential customer service hotline on (852) 2281-1333 and report the case to the police.
Why read this: Lists the fake email addresses, fraudulent website URLs and Prudential hotline, allowing people to check one by one whether they have come into contact with them.
The Insurance Authority urged the public to stay vigilant and watch out for four fraudulent links impersonating the official website and social media pages of HSBC Life (International) Limited, which HSBC has confirmed are unrelated to it. Anyone who has provided personal information through the relevant links should call (852) 2583 8000 to contact HSBC and report the case to the police.
Why read this: The announcement lists four scam links and names the insurance company being impersonated; readers who have provided personal information can follow up via the telephone number and channels in the article.
The Insurance Authority urged the public to watch out for two fraudulent websites impersonating the official website of AIA Insurance (International) Limited, which intend to deceive customers into logging in and providing personal information. The URLs are hxxps://houtai18235[.]top and hxxp://216.118.225[.]93:8082. AIA has confirmed they are unrelated to it, and the case has been referred to the Hong Kong Police Force for investigation. Those who have provided personal information or carried out transactions should call AIA's customer service hotline on (852) 2232-8888 and report the case to the police.
Why read this: Lists the two scam URLs, AIA's clarification, and the hotline for those who have provided personal information, allowing readers to check and follow up one by one.
On 11 March 2025, the Insurance Authority urged the public to stay alert to fraudulent webpages impersonating the official website and social media pages of Bupa (Asia) Limited, a Hong Kong authorised insurer, which Bupa has confirmed are unrelated to it. The press release lists seven relevant URLs and urges anyone who has provided personal information or made transactions to contact Bupa (by telephone (852) 2517 5175 or email [email protected]) and report the case to the police.
Why read this: The press release lists the URLs of seven fraudulent websites and social pages impersonating Bupa one by one, and sets out the contact and reporting channels for the public to check item by item.
Translation is not available yet. Showing the Traditional Chinese version.
保監局公布2024年上半年香港保險業臨時統計數字，期內毛保費總額達$3,109億，較去年同期上升5.1%。長期有效業務保費收入$2,730億升5.5%，源自內地訪客的新造保單保費跌6.9%至$297億，佔個人業務份額由31%降至25.7%。一般保險毛保費$379億升2.4%，整體承保利潤由$15億改善至$19億。
Why read this: 期內毛保費總額$3,109億、按年升5.1%，並列出內地訪客新造保單保費與一般保險承保利潤的按年變化，數字可逐項核對。