... collaboration arrangement in the context of the licensing requirements under the Ordinance, the IA would consider the collaboration model holistically and from end-to-end. Any remuneration to be provided to the non-insurance entity would be relevant to this overall assessment. For example, a flat fee...

... collaboration arrangement in the context of the licensing requirements under the Ordinance, the IA would consider the collaboration model holistically and from end-to-end. Any remuneration to be provided to the non-insurance entity would be relevant to this overall assessment. For example, a flat fee...

... Properness of Responsible Officers and Technical Representatives PART F : Minimum Requirements of Model Agency Agreement PART G : Conduct of Registered Persons Conduct of Registered Persons for General Insurance Business and Restricted Scope Travel Business Conduct of Registered Persons for Long Term...

...* Q* Demand Curve Supply Curve 2/15 However, the above model excludes the government sector and foreign sector. The government sector receives taxes from the household and business sectors; and spends money to fulfil its economic, political and social objectives. The foreign sector trades (export and...

... labour (factor services) to the business sector in return of wages. These two sectors can be illustrated in the following diagram:- ( Households ) Product Factor Market Market ( Firms ) However, the above model excludes the government sector and foreign sector. The government sector receives taxes from...

... wages. These two sectors can be illustrated in the following diagram:- Product Factor Market Market Households Firms Price Quantity P* Q* Demand Curve Supply Curve 2/15 However, the above model excludes the government sector and foreign sector. The government sector receives taxes from the household and...

... for policyholders to close The origin of life insurance can be traced back to ancient Rome. Citizens in Rome formed ‘burial clubs’ in which the club would help finance the funeral and pay burial-related costs for members who pass away1y1y . In a sense, burial clubs could be viewed as a primary model...

... for policyholders to close The origin of life insurance can be traced back to ancient Rome. Citizens in Rome formed ‘burial clubs’ in which the club would help finance the funeral and pay burial-related costs for members who pass away1y1y . In a sense, burial clubs could be viewed as a primary model...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...