... VTC Insurance Summit Insurance Summit 2018 Insurance Training Board PEAK The New Regulatory Framework for Insurance Intermediaries Ms Peggy Fu Associate Director (Market Conduct) 8 October 2018 Key Points of the New Regime Promote a modern and flexible regulatory approach to increase regulatory...

... VTC Insurance Summit Insurance Summit 2018 Insurance Training Board PEAK The New Regulatory Framework for Insurance Intermediaries Ms Peggy Fu Associate Director (Market Conduct) 8 October 2018 Key Points of the New Regime Promote a modern and flexible regulatory approach to increase regulatory...

... VTC Insurance Summit Insurance Summit 2018 Insurance Training Board PEAK The New Regulatory Framework for Insurance Intermediaries Ms Peggy Fu Associate Director (Market Conduct) 8 October 2018 Key Points of the New Regime Promote a modern and flexible regulatory approach to increase regulatory...

... made up about 40% of the total regional premium pool, the growth in insurance premiums of Asia (excluding Japan) was 2.3% in 2018, compared with 10% in 2017, according to the statistics from Allianz Research. Also, quoting from a report by Capgemini, wealth of high net worth individuals in the...

... made up about 40% of the total regional premium pool, the growth in insurance premiums of Asia (excluding Japan) was 2.3% in 2018, compared with 10% in 2017, according to the statistics from Allianz Research. Also, quoting from a report by Capgemini, wealth of high net worth individuals in the...

... made up about 40% of the total regional premium pool, the growth in insurance premiums of Asia (excluding Japan) was 2.3% in 2018, compared with 10% in 2017, according to the statistics from Allianz Research. Also, quoting from a report by Capgemini, wealth of high net worth individuals in the...

... other ILS domiciles such as Bermuda and Singapore. 8. Under the new regulatory regime, SPIs will be authorized to carry on special purpose business (“SPB”), a new class of insurance business for the purpose of acquiring insurance risk from another insurer/reinsurer under a reinsurance/risk transfer...

.../1 4.3 Grace Period 4/3 4.4 Beneficiary Designation 4/4 4.5 Nonforfeiture Benefits 4/5 4.6 Policy Loan 4/6 4.7 Reinstatement 4/6 4.8 Misstatement of Age or Sex 4/7 4.9 Assignment 4/8 4.10 Dividend Options 4/9 4.11 Settlement Options 4/10 4.12 Suicide Exclusion 4/10 iv 5. LIFE INSURANCE PROCEDURES 5/1...

...: perhaps linked with another policy plan which provides a lump sum payment on death, a family income plan will pay a stated monthly death benefit to the beneficiaries for the remainder of a specified period (the total amount payable (i.e. monthly benefit x number of payments) is therefore decreasing as...

... Provision 4/1 4.2 Incontestability Provision 4/1 4.3 Grace Period 4/3 4.4 Beneficiary Designation 4/4 4.5 Nonforfeiture Benefits 4/5 4.6 Policy Loan 4/6 4.7 Reinstatement 4/6 4.8 Misstatement of Age or Sex 4/7 4.9 Assignment 4/8 4.10 Dividend Options 4/9 4.11 Settlement Options 4/10 4.12 Suicide Exclusion 4...