... policyholder applied for home insurance is excluded from coverage. For example, a home insurance policy may not cover any losses caused by water leakage that existed in a newly build property when the owner moved in. Property owners should first seek the assistance of a building inspector and ensure the...

... Nations Sanctions (Afghanistan) Regulation ("Regulation") & United States Executive Order 13224 ("Executive Order") Further to my letter of 2 March 2004, I am writing to advise you that an updated list of names designated by the relevant United Nations Security...

... insurance broker, and may result in disciplinary action taken against it. Whilst we rely upon Members to develop and implement the AML/CFT System, we prescribe hereby the Annual Certification requirement that Members who are engaged in Long Term Insurance Business are to certify compliance by using the...

... 9a) is "No - use the existing system", did you perform a test run in HKFRS 17 basis? 9c i) If your answer in 9a) is "Yes - buy a new system" or "Yes - modify the existing system by vendor & internal staff" or "Yes - modify the existing system by vendor", what is your current status with the vendor...

..., United Nations Sanctions (Afghanistan) Regulation & United States Executive Order 13224 Non-cooperative Countries and Territories ("NCCTs") The Financial Action Task Force on Money Laundering ("FATF") has recently removed Guatemala from the list of NCCTs...

... Closure of Insurance Authority office until 2 February 28 January 2020 In order to reduce the risk of the spread of novel coronavirus in the community, the Insurance Authority (IA) today (28 January 2020) announced that its office will be...

... impose for non-compliances related to CPD requirements for the merged assessment period from 23 September 2019 to 31 July 2021 (“Merged CPD Assessment Period”). In accordance with the CPD Penalty Framework for the Merged CPD Assessment Period, in order to ameliorate the impact of the coronavirus pandemic...

... or potential policyholders, and to ensure continuity of their business operations. 2. Interpretation 2.1 In this Guideline, unless the context otherwise specifies: (a) “critical system” in relation to an authorized insurer, means a system, the failure of which will cause significant disruption to the...

... or potential policyholders, and to ensure continuity of their business operations. 2. Interpretation 2.1 In this Guideline, unless the context otherwise specifies: (a) “critical system” in relation to an authorized insurer, means a system, the failure of which will cause significant disruption to the...

...; The insurance groups identified as IAIGs, of which the Insurance Authority is the group supervisor, are listed below: (in alphabetical order) AIA Group Limited   FWD Group Holdings Limited Prudential Plc ...