The Insurance Authority (IA) has banned Mr Wong Ka Keung (Licence number: IE9049) from being an insurance intermediary for 30 years. Mr Wong conspired with at least nine other people to deceive his appointed authorized insurer of around HK$27 million by arranging patients suffering from critical illness to impersonate as policy holders and make false claims over a period of three years, pocketing about HK$13.5 million in the process. Furthermore, he produced three forged sick

The Insurance Authority (IA) has issued a public reprimand on Tahoe Life Insurance Company Limited (Tahoe Life) and imposed a fine of $10 million to be borne by its shareholders’ fund. The disciplinary actions are connected with related party transactions performed by Tahoe Life between July 2019 and April 2020 without prior consent of the IA that involved Tahoe Group Global (Co.) Limited. Both Mr Huang Qisen and Mr Ge Yong were directors of the insurer at the material time a

The Insurance Authority (IA) granted authorization to SAIC Motor Insurance Limited, a captive established by the SAIC Motor Corporation...

The Insurance Authority (IA) issued a public reprimand on the Century Investment Planning Limited for failing to keep client monies...

The Insurance Authority (IA) issued a public reprimand on the Century Investment Planning Limited for failing to keep client monies...

The Insurance Authority (IA) has banned Ms Leung Wai Mei (Licence number: JE7178) and Ms Ip Ka Ying (Licence number: JA2270) from being...

The Insurance Authority (“IA”) has granted new authorization to Wayfoong (Asia) Limited, a wholly-owned subsidiary of the HSBC Group and...

The Eastern Magistrates’ Courts today (19 March 2025) convicted and fined Aurex Insurance Brokers Limited, a licensed broker company,...