... illustration of the participating policy showing the projected surrender value (i.e. the cash value of the policy upon surrender) and death benefit at the point of sale and when the policy is in force. In illustrating the values and amounts, the Appointed Actuary of an insurer should refer to Actuarial...

... Mohammad Mansour, Minister of Civil Aviation and Transportation; Hadji Tahis, Deputy Minister of Civil Aviation; Mullah Mohammad Naim, Deputy Minister of Civil Aviation; Hidayatullah Abu Turab, Deputy Minister of Civil Aviation; Mullah Yar Mohammad Rahimi, Minister of Communication; Mullah Haji Alla Dad...

... the audience’s awareness of key aspects of AML/CTF systems and controls. It does not cover all the statutory requirements applicable to insurance institutions. Insurance institution should seek its own professional legal advice in ensuring its compliance with the Anti-Money Laundering and...

... the audience’s awareness of key aspects of AML/CTF systems and controls. It does not cover all the statutory requirements applicable to insurance institutions. Insurance institution should seek its own professional legal advice in ensuring its compliance with the Anti-Money Laundering and...

... the audience’s awareness of key aspects of AML/CTF systems and controls. It does not cover all the statutory requirements applicable to insurance institutions. Insurance institution should seek its own professional legal advice in ensuring its compliance with the Anti-Money Laundering and...

... directions in this Guidance Note regarding the use of Other Names but they should ensure that they are compliant with all relevant directions and regulations. Background 1. It is prescribed under Membership Regulation 7.4 that “A Member shall not adopt a company name that, in the opinion of the General...

... starting from mid-2019 under which the IA will start direct regulation of insurance intermediaries. The draft Guideline suggests that the penalty should be effective, proportionate and fair. The IA will consider all circumstances of the case and take into account a number of factors including the...

... (RBC) Regime Further to our letter dated 6 August 2018 regarding the launch of QIS 2 for the development of the RBC regime, the Insurance Authority (“IA”) has finalized the remaining package of template and technical specifications on matching adjustment for insurers carrying on long term business (“MA...

... Meeting of the Future Task Force Working Group on Promoting Positive Image of Insurance Industry “Building a Positive Image by Reinforcing Trust through Good Conduct and Ethical Practices” Virtual Meeting on 16 December 2020 Time Programme 3:00 pm Welcome remarks  Dr Moses Cheng, Chairman...