... medical insurance business. GL31 provides guidance on the standards and practices which are expected to be met in order to ensure fair treatment of customers across all aspects of medical insurance business, including selling, handling claims, after-sales, and the handling of complaints. ...

... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...

... Insurtech Corner on the IA website. 2. Promoting exchange and maintaining close dialogue with the industry In order to enhance the communication with insurers and businesses involved in the development of Insurtech, the IA established the Insurtech Facilitation Team to help...

... Note: 1By an order of the High Court on 26 September 2022, the then Managers Mr Derek Lai and Mr Forrest Kam of Deloitte Touche Tohmatsu were appointed as the Joint and Several Liquidators of Target Insurance.     ...

... Note Internal Rate of Return (IRR) The result of QDAP available options is sorted in descending order determined by the primary parameter of the maximum percentage of guaranteed IRR is based upon information provided by the relevant insurers without independent...

... fit and proper in order to be licensed, and this requirement is ongoing. In addition, the IA has, based on the existing codes of conduct from the SROs, formulated new codes of conduct which set out the professional standards expected from insurance intermediaries. These include the requirements on...

... fit and proper in order to be licensed, and this requirement is ongoing. In addition, the IA has, based on the existing codes of conduct from the SROs, formulated new codes of conduct which set out the professional standards expected from insurance intermediaries. These include the requirements on...

...!  Indeed it was particularly reassuring to see several insurers exceeding the practices we had articulated (with one insurer, for example, setting a 3- month advance date for targeted completion), in order to yield their 100% compliance. To continue to reinforce this direction of improvement for...