... Insurance Agents Examination Part I Principles and Practice of Insurance I. Risk and Insurance i. Concept of Risk A. Meaning of Risk B. Classification of Risk C. Risk Management ii. Functions and Benefits of Insurance II. Legal Principles i. The Law of Contract A. Definition ii. The Law of Agency A....

... remain closed to the general public next week (10 to 16 February) to reduce the risk of virus spreading. IA will provide public services at a limited scale. The enquiry and complaint hotline will operate from 11am to 1pm and 2 to 4pm on weekdays, while handling of email for enquiries and complaints will...

... office will remain closed to the general public next week (17 to 23 February) to reduce the risk of virus spreading. IA will provide public services at a limited scale. The enquiry and complaint hotline will operate from 11am to 1pm and 2 to 4pm on weekdays, while handling of email for enquiries and...

...;) Further to my letters of 20 March 2003 and 28 March 2003 , I am writing to advise you that an updated list of names designated by the relevant United Nations Security Council Committee was published in the Gazette (G.N. 3172 and G.N. 3173) on 16 May 2003 in accordance with the Ordinance and the Regulation...

... announced in the Chief Executive’s 2018 Policy Address today (10 October 2018). The initiatives include introducing legislative amendments to allow for the formation of special purpose vehicles specifically for issuing insurance-linked securities (ILS), and tax reliefs to promote the development of...

... Understanding Home Insurance General Exclusions Wear and tear Home insurance does not protect against the loss, destruction or damage of covered items caused by natural wear and tear. For example, pipe damage will not be covered if it is...

... 17 is 1 January 2021. To support stakeholders such as insurers in the implementation of HKFRS 17, HKICPA is establishing a Hong Kong Insurance Implementation Support Group (“HKIISG”) and accepting applications for membership of the HKIISG. The HKIISG can provide a forum for stakeholders to raise and...

... issued pursuant to section 133 of the Insurance Ordinance (Cap. 41) (“the Ordinance”) and is prepared to assist insurers1 and their auditors in interpreting and applying the provisions of the Insurance (General Business) (Valuation) Rules (“the Rules”) in the valuation of assets and liabilities of...

... Hong Kong Federation of Insurers, The Hong Kong Confederation of Insurance Brokers and the Professional Insurance Brokers Association.  The Insurance Companies (Amendment) Ordinance 2015 (“Amendment Ordinance”), which was enacted on 10 July 2015, provides for, among other things, the...