... of concern and compliance advice letters in order to raise awareness of the requirements and warn against such contraventions. As we move into our second year, however, and as our enforcement process gains maturity, a gradual stepping up of enforcement in relation to these requirements may be...

.../AD must be duly signed by the client. 8.3 Authorized insurers have the duty to put in place a proper mechanism to ensure full understanding of the above by the client, as evidenced in the IFS/AD. 9. Appropriate Remuneration Structure 9.1 ILAS products are susceptible to mis-selling and aggressive...

... amount that is paid by an insurer in full or partial settlement of: a) 申索，包括計入超過一個財政年度的業務所涉及的申索；及 a) claims, including claims relating to business accounted for over a longer period than a financial year; and b) 保險公司招致（不論是透過其職員的僱用或由於其他原因）的開支（例如法律、醫療 、測量或工程方面的費用），並直接是為了結個別申索所引致，不論該等個別申索是否為 上述所提及者。 b...

... amount that is paid by an insurer in full or partial settlement of: a) 申索，包括計入超過㇐個財政年度的業務所涉及的申索；及 a) claims, including claims relating to business accounted for over a longer period than a financial year; and b) 保險公司招致（不論是透過其職員的僱用或由於其他原因）的開支（例如法律、 醫療、測量或工程方面的費用），並直接是為了結個別申索所引致，不論該等個別申索是 否為上述所提及者。 b...

... amount that is paid by an insurer in full or partial settlement of: a) 申索，包括計入超過㇐個財政年度的業務所涉及的申索；及 a) claims, including claims relating to business accounted for over a longer period than a financial year; and b) 保險公司招致（不論是透過其職員的僱用或由於其他原因）的開支（例如法律、 醫療、測量或工程方面的費用），並直接是為了結個別申索所引致，不論該等個別申索是 否為上述所提及者。 b...

... business, means the amount that is paid by an insurer in full or partial settlement of: a) 申索，包括計入超過一個財政年度的業務所涉及的申索；及 a) claims, including claims relating to business accounted for over a longer period than a financial year; and b) 保險公司招致（不論是透過其職員的僱用或由於其他原因）的開支（例如法律、 醫療、測量或工程方面的費用），並直接是為了結個別申索所引致，不論該等個別申索是...

... business, means the amount that is paid by an insurer in full or partial settlement of: a) 申索，包括計入超過一個財政年度的業務所涉及的申索；及 a) claims, including claims relating to business accounted for over a longer period than a financial year; and b) 保險公司招致（不論是透過其職員的僱用或由於其他原因）的開支（例如法律、 醫療、測量或工程方面的費用），並直接是為了結個別申索所引致，不論該等個別申索是...

... form as policy endorsement, is not considered as a top up. Q 3. For refundable insurance policies under 1(a)(ii), does it have to be 100% or more “refundable” in order for the FNA requirement be exempted? A 3. Yes. For those refundable insurance policies which are not 100% refundable (e.g. the amount...

...? Or how to sustain growth amid these changes? Pillars to sustainable growth 17. As I said earlier, I don’t have a ready answer to these questions. But I would venture to share with you some of my observations. I believe that there are two pillars to support sustainable growth. The first one is the...