Insurance License Hong Kong
List of authorized insurers pdf office of the commissioner of insurance.
Insurance license hong kong. Insurance brokerage registration requirements in hong kong. 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. In this article we will describe the most common business licenses in hong kong and provide links to more detailed information as appropriate. The eight banks will start operations in.
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. 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.
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. Besides insurance the hong kong monetary authority has granted eight virtual bank licences for lenders with no physical branches to operate purely online.
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