Hong Kong's Financial Services and the Treasury Bureau has announced appointments to the two industry advisory committees that advise the Insurance Authority on industry-related issues in long-term business and general business. The Financial Secretary reappointed 15 existing non-official members and appointed five new non-official members for a two-year term from June 1, 2026 to May 31, 2028. The committees are statutory bodies established under the Insurance Ordinance on June 1, 2016. The Ordinance provides that, aside from the Insurance Authority's chairperson, chief executive officer and no more than two other executive directors, each committee should include eight to 12 other persons with knowledge of or experience in the insurance industry, the conduct of regulated activities and consumer affairs. The Bureau said the members bring experience from insurance, actuarial science, fintech, banking, legal services and academia, and it also acknowledged the contributions of five outgoing members.
Financial Services and the Treasury Bureau (Hong Kong)2026-05-29
Hong Kong Financial Services and the Treasury Bureau makes 15 reappointments and five new appointments to Insurance Authority advisory committees
The Financial Services and the Treasury Bureau has announced new appointments to the two industry advisory committees that advise the Insurance Authority on long-term and general insurance business, reappointing 15 non-official members and appointing five new ones. The statutory committees, established under the Insurance Ordinance, comprise members with experience in insurance, actuarial science, fintech, banking, legal services and academia, and the Bureau acknowledged the contributions of five outgoing members.