Notices
 Last Revised Date: 28 June 2021

Notice 211 Minimum and Best Practice Training and Competency Standards for Direct General Insurers

To update the Notice to include that an insurance agent includes a merchant bank licensed under the Banking Act.  

Issued pursuant to:

Insurance Act (Cap. 142) section 64(2)

Applies to: Direct Insurer (General) , Direct Insurer (Composite)
View Notice Notice 211 Minimum and Best Practice Training and Competency Standards for Direct General Insurers (187.4 KB)

 Requirements and best practice standards for direct general insurers in relation to training and competency for their insurance agents and other relevant persons.

Amendment Notes

28 Jun 2021
Notice 211 dated 28Jun 2021 (195.3 KB) takes effect on 1 Jul 2021

16 Apr 2020
Notice 211 dated 16 Apr 2020 (451.5 KB) takes effect from 16 Apr 2020

22 Apr 2013
Notice 211 dated 22 Apr 2013 (209.2 KB) [Cancelled with effect from 20 Jul 2015]

Resources

Annex 1: Acceptable qualifications in lieu of the CGI qualification. (42.4 KB)

Annex 2: Acceptable qualifications in lieu of the CGI qualification, for Trade Specific Agents. (87 KB)