... submitted its Corporate Plan and Budget for 2016-17 to the FS for approval. As the Government undertook during the scrutiny of the Insurance Companies (Amendment) Bill 2014 by the Legislative Council ("LegCo"), the Authority, in June 2016, briefed the LegCo Panel on Financial Affairs on the main features of...

... submitted its Corporate Plan and Budget for 2016-17 to the FS for approval. As the Government undertook during the scrutiny of the Insurance Companies (Amendment) Bill 2014 by the Legislative Council ("LegCo"), the Authority, in June 2016, briefed the LegCo Panel on Financial Affairs on the main features of...

... submitted its Corporate Plan and Budget for 2016-17 to the FS for approval. As the Government undertook during the scrutiny of the Insurance Companies (Amendment) Bill 2014 by the Legislative Council ("LegCo"), the Authority, in June 2016, briefed the LegCo Panel on Financial Affairs on the main features of...

... value at the time of death. Who should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h...

... Guideline on Corporate Governance of Authorized Insurers (“GL10”) and the factors contained in section 7.10.3 of GL21. Specifically, authorized insurers should: 4 a) capture the circumstances and sophistication of customers in the product design phase3; b) make disclosure on risks associated with VA-related...

... vulnerable to floods, buildings and infrastructure facilities should be built with flood-resistant design, critical and valuable equipment should be placed on higher floors, and contingency and recovery plans should be in place to minimize the time of business interruption when flooding occurs. For the...

... insurance brokers should first know the clients, then source from the market and recommend the insurance products that suit the needs of clients, that Members should develop, design and use their own forms or instruments to conduct the procedures. Members who use individual insurer’s forms or instruments...

...’s Fundamental Elements of Cybersecurity for the Financial Sector and support from an expert panel comprising academic and technical professionals. This stands us in good stead to detect and defend intrusions, and respond swiftly to emergency incidents. Conclusion Ladies and gentlemen, insurance...

... taken with the final decision to be made by the ARC or the IA Board as appropriate. In serious cases, the ARC may establish an Investigation Panel to review the investigation report and advise on the disciplinary actions based on the investigation results. The Whistleblower will be informed of the final...

...’s Fundamental Elements of Cybersecurity for the Financial Sector and support from an expert panel comprising academic and technical professionals. This stands us in good stead to detect and defend intrusions, and respond swiftly to emergency incidents. Conclusion Ladies and gentlemen, insurance...