... 80.0 100.0 120.0 140.0 3,700 3,800 3,900 4,000 4,100 4,200 4,300 4,400 2014 2015 2016 2017 2018 Direct Gross Written Premiums Net Loss Ratio Net Commission Ratio Management Expense Ratio Combined Ratio (%)(HK$ mill ion) 11 Figure 13 Key Indicators — Top 25 Direct Motor Vehicle Insurers in 2018 Direct...

... industry has also drawn up a package of measures for purposes of enhancing policyholder protection. Requirements and measures include: Adopting the "fair treatment of customers" principle in product design: Insurers should develop and market products with due regard to the interests of...

... • Products • Customer base • Volume/nature of transactions • AML compliance employee turnover • Expected client/revenue growth 8 Process of ML/TF Risk Assessment Identify Assess Understand Risk Profile reflecting risk appetite 9 9 How to make use of outcome of ML/TF Risk Assessment? AML/CFT system • Design...

... apply innovation and technologies in a way that could nurture synergies with product design and service improvement. Looking beyond our domestic market, the 14th Five-Year Plan (2021-2025) released two months ago placed emphasis on acceleration of establishing a “dual circulation” development pattern....

... • Products • Customer base • Volume/nature of transactions • AML compliance employee turnover • Expected client/revenue growth 8 Process of ML/TF Risk Assessment Identify Assess Understand Risk Profile reflecting risk appetite 9 9 How to make use of outcome of ML/TF Risk Assessment? AML/CFT system • Design...

... • Products • Customer base • Volume/nature of transactions • AML compliance employee turnover • Expected client/revenue growth 8 Process of ML/TF Risk Assessment Identify Assess Understand Risk Profile reflecting risk appetite 9 9 How to make use of outcome of ML/TF Risk Assessment? AML/CFT system • Design...

... same Enterprise Risk Management (“ERM”) processes and procedures as set out in the Guideline. It provides flexibility for an insurer to design the ERM framework to accord with its own specific circumstances. An insurer is however expected to be able to demonstrate to the IA’s satisfaction how the...

... precipitation have become regular occurrences. Ladies and Gentlemen, as climate change entails long-term impact across societal, environmental and economic dimensions, it requires a coordinated response. Nearly 200 governments entered into the Paris Agreement in December 2015 for a collective effort to reduce...

... precipitation have become regular occurrences. Ladies and Gentlemen, as climate change entails long-term impact across societal, environmental and economic dimensions, it requires a coordinated response. Nearly 200 governments entered into the Paris Agreement in December 2015 for a collective effort to reduce...

...,164,031 1,205,652 1,109,798 36,714.3 41,072.9 43,135.9 68,443.6 65,200.0 812,827 828,799 894,707 845,041 810,848 4,103.3 4,405.8 4,840.0 4,103.9 4,026.8 1,568,374 1,701,147 1,828,868 1,890,584 2,225,360 47,534.6 57,049.6 59,174.2 70,735.1 74,197.4 8,741,810 9,181,550 9,814,015 10,487,098 11,177,614...