Insurance License Hong Kong
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.
Insurance license hong kong. Hong kong insurance companies. Charltons provides transactional and regulatory advice to insurance and reinsurance companies insurance agents and brokers financial service intermediaries investment banking firms hedge funds and other intermediaries that provide services to or do business with insurance companies. The minimum education standard for individual licensees licensed individual insurance agents and licensed technical representatives broker and agent is increased from completion of form 5 to achievement of at least level 2 in five subjects including maths and either chinese or english in the hong kong diploma of secondary education examination or equivalent including certain hong kong. Besides insurance the hong kong monetary authority has granted eight virtual bank licences for lenders with no physical branches to operate purely online.
In this article we will describe the most common business licenses in hong kong and provide links to more detailed information as appropriate. List of authorized insurers pdf office of the commissioner of insurance. Insurance brokerage registration requirements in hong kong. This is a list of insurance companies in hong kong.
To find out about how to setup a private limited company in hong kong refer to hong kong company formation guide. 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.
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