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China BOCOM Insurance Co., Ltd., with approval from the People's Bank of China, China Insurance Regulatory Commission and the Office of the Commissioner of Insurance in Hong Kong Special Administrative Region, was established in Hong Kong in November 2000 and was authorized to provide various kinds of general insurance products and services to the customers. China BOCOM Insurance Co., Ltd. is wholly owned by Bank of Communications Co., Ltd. with authorized and paid-up capital of HK$400,000,000 for future business expansion.... Read More

►From 1 January 2018, the Insurance Authority (IA) will start collecting a premium levy from policyholders in accordance with the law. The levy rate will start at 0.04% of the insurance premium per policy year and increase gradually to 0.06% from 1/4/2019,0.085% from 1/4/2020 & 0.1% from 1/4/2021 respectively. The amount of the levy imposed on each policy will be subject to a cap. For more details, please visit IA website www.ia.org.hk/tc/levy

? The amounts of nine compensation items under ECO will be increased. The new levels of compensation will be applicable to eligible cases of employees meeting with accidents arising out of and in the course of employment on or after 26 April 2019 resulting in injuries or deaths or contracting prescribed occupational diseases on or after 26 April 2019. Changes of the compensation levels, please visit the website www.labour.gov.hk )

► On 16 August 2018, A.M. Best announced its annual review result of our credit rating and reaffirmed that the credit rating of our company maintained unchanged.
The current rating on financial strength rating (FSR) is A-(Excellent) and the issuer credit rating (ICR) is "a-"with stable outlook.

? China BOCOM Insurance has obtained the ISO9001 certification since year 2006 and has passed the ISO audit examination in Oct. 2018.
Through ISO processing, we strive to deliver the best quality of insurance products and services to our customers

? Outbound Travel Alert (TOA)
For more details, Please visit the website www.sb.gov.hk/eng/ota/.

   
 
 
 
 
   
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