Award in General Insurance (Hong Kong) (WH1)

The Award in General Insurance (Non-UK) is an introductory-level qualification that develops your understanding of the basic principles of insurance, the main legal principles related to insurance contracts, the main regulatory principles related to insurance business and the key elements to protect consumers.

The default Enrolment option for this unit includes:

  • Latest version of the core learning content, in digital format only, delivered on RevisionMate.
  • Assessment entry.

This unit prepares you for a career in insurance with a focus on the Hong Kong market. It introduces the concept of risk and how it is managed, as well as the different categories of risk and explains how insurance acts as a risk transfer mechanism while introducing the main classes of insurance.

It examines of the Hong Kong insurance market, the structure of the market, its main participants and professional roles. It considers the main legal principles that apply to insurance, with chapters on contract and agency, insurable interest, disclosure and representation, proximate cause, indemnity, contribution and subrogation.

It looks at regulation and the role of the International Association of Insurance Supervisors (IAIS). It outlines the importance of countering financial crime, the role of the Financial Action Task Force (FATF) and the issue of fraud and how insurers manage it. Finally, it looks at the role and importance of ethics in the insurance profession, including the Chartered Insurance Institute's Code of Ethics.

Building a successful career in insurance

This unit is particularly suitable for insurance practitioners working in Hong Kong or for those starting their careers in the Hong Kong insurance sector.

This unit may also count towards the Certificate in Insurance, the Certificate in Insurance and Financial Services (non-UK), the Diploma in Insurance and the Advanced Diploma in Insurance.

Please note: This exam can only be taken in Hong Kong. This unit can only be awarded to non-UK residents

Summary of learning outcomes

  1. Understand the nature and main features of risk and insurance
  2. Know the structure and main features of the Hong Kong insurance market
  3. Know the main functions of insurance professionals
  4. Understand the main legal principles governing insurance contracts
  5. Understand the main regulatory and legal principles applicable to the transaction of insurance business in Hong Kong
  6. Know key aspects of ethics, corporate governance and internal controls


  • 2 hour exam
  • 100 multiple choice questions
  • 70% nominal pass mark
  • The 2022 pass rate for this unit was 83%

Units treated as equivalent

Due to the extent of syllabus overlap, certain combinations of current and withdrawn units will result in only one award of credits.

If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.

Find out more about credit awards for equivalent units

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

2023-24 edition (applicable to exams sat 01 May 2023 to 30 April 2024)