...)  9,980 552 10,532 Total Number of Licensees Being Individuals 105,855 6,910 112,765      ...

... comparability with other jurisdictions Consistent with global supervisory frameworks Facilitate the sustainable development of the HK insurance industry 9 IA promotes InsurTech 10  “Sandbox” approach to promote technology application in the insurance industry  “Fast track” for applications for authorisations...

... 10A of the DPRK Regulation, a person must not, except with a license, a) provide an insurance or reinsurance service to a ship owned, controlled or operated by a person connected with the Democratic People’s Republic of Korea (“DPRK”) or a ship that is involved in an activity prohibited by the UNSC...

... information provided to the IA in support of the Sandbox application. (x) Appropriate training should be provided to the intermediaries before they are allowed to use the VC facilities. (xi) Notifying the IA forthwith of – a. any sudden surge of complaints arising from the operation; b. the need to trigger...

... TO LIFE INSURANCE 1/1 1.1 Definition of Life Insurance 1/1 1.1.1 Needs for Life Insurance 1.2 Principles of Life Insurance 1/2 1.2.1 Insurable Interest 1.2.2 Duty of Disclosure 1.2.3 Other Insurance Principles 1.3 Calculation of Life Insurance Premium 1/10 1.3.1 Rating Factors a. Mortality, Interest...

... Premium 1/10 1.3.1 Rating Factors a. Mortality, Interest and Expenses b. Other Factors 1.3.2 Pricing Systems a. Natural Premium (Pricing) System b. Level Premium (Pricing) System 2. TYPES OF LIFE INSURANCE AND ANNUITY 2/1 2.1 Traditional Types of Life Insurance 2/2 2.1.1 Term Insurance a. Level/Decreasing...

... to a partnership, means an individual who – (i) is entitled to or controls, directly or indirectly, not less than a 15% share of the capital or profits of the partnership; (ii) is, directly or indirectly, entitled to exercise or control the exercise of not less than 15% of the voting rights in the...

... to a partnership, means an individual who – (i) is entitled to or controls, directly or indirectly, not less than a 15% share of the capital or profits of the partnership; (ii) is, directly or indirectly, entitled to exercise or control the exercise of not less than 15% of the voting rights in the...

... Jasmine Lee at 2153 2748. Yours faithfully, (Miss Nancy Chien) for Commissioner of Insurance (Insurance Authority) Encl. c.c. Chairman, The Hong Kong Federation of Insurers [aml_tec-6-45_CE_20170309/ih] http://www.gld.gov.hk/egazette/ SC/12719 15 FEBRUARY 2017 PRESS RELEASE SECURITY COUNCIL Security...

...……………………………………….….. 3 6. Supervisory Approach…………………………….……... 14 7. Commencement………………………………………….. 15 Annex Examples of Outsourcing …………………………….…. 1 Prior Notification of Material Outsourcing Arrangement – Checklist of Information to be Submitted to the Insurance Authority for Entering into an Outsourcing Arrangement...