... duty under contract and at common law on an insurance agent to have to obtain consent from existing appointing insurers before accepting an additional appointment from a new insurer. With regards to the requirements to report certain matters impacting a licensed insurance agent (winding up, bankruptcy...

... duty under contract and at common law on an insurance agent to have to obtain consent from existing appointing insurers before accepting an additional appointment from a new insurer. With regards to the requirements to report certain matters impacting a licensed insurance agent (winding up, bankruptcy...

... required to notify the IA regarding relevant changes of its directors and controllers1, as follows: Section 64ZZD of the Insurance Ordinance (Cap. 41) Duty to notify the Insurance Authority of change of directors or controllers for licensed insurance broker company...

... – Paper III Syllabus for Long Term Insurance Examination I. Introduction to Life Insurance i. Definition of Life Insurance A. Needs for Life Insurance ii. Principles of Life Insurance A. Insurable Interest B. Duty of Disclosure C. Other Insurance Principles iii. Calculation of Life Insurance Premium A....

... common law duty of utmost good faith by requiring the proposer to declare (or warrant) that all information supplied, whether relating to ‘material’ matters or not, is totally (not simply substantially) true. For example, where a proposer for medical insurance enters ‘30’ as his current age on the...

... 3.2.2 Utmost Good Faith Insurance is subject to a more stringent common law principle of good faith, often called the principle of utmost good faith. It means that each party is under a duty to reveal all vital information (called material facts) to the other party, whether or not that other party asks...

...) policy schedule, (3) quotation, (4) offer letter, or (5) promotional material (the terms of which are incorporated by reference into the contract of insurance). Written correspondence from the authorized insurers informing their customers of any premium rebate offer could be regarded as “promotional...

...) policy schedule, (3) quotation, (4) offer letter, or (5) promotional material (the terms of which are incorporated by reference into the contract of insurance). Written correspondence from the authorized insurers informing their customers of any premium rebate offer could be regarded as “promotional...

... material information about a company’s significant sustainability-related risks and opportunities that is necessary for investors to assess a company’s enterprise value. The ISSB aims to finalise the standards by the end of 2022. Among other materials published by the ISSB in its announcement, you may wish...

... material information about a company’s significant sustainability-related risks and opportunities that is necessary for investors to assess a company’s enterprise value. The ISSB aims to finalise the standards by the end of 2022. Among other materials published by the ISSB in its announcement, you may wish...