... business) of long term business for 2017 decreased by 15.7% to $156.4 billion compared with 2016. New office premiums of Individual Life and Annuity (Non-Linked) business decreased by 20.2% to $142.9 billion. On the other hand, those of Individual Life and Annuity (Linked) business increased by 121.3% to...

... technology (Insurtech) and exploring various electronic distribution channels to improve the customer experience and satisfy the insurance needs of consumers. Currently, policyholders can search for insurance products on the digital sales platform of insurers and purchase simple...

... policyholder has completed the “Risk Profile Questionnaire” and must provide the minimum protection stipulated in the guidelines. * Guideline on Underwriting Class C Business (GL 15) and Guideline on Underwriting Long Term Insurance Business (other than Class C Business) (GL 16). Protection of the...

... Nations Sanctions (Democratic Republic of the Congo) Regulation 2017 The United Nations Sanctions (Democratic Republic of the Congo) Regulation 2017 (“the Congo Regulation”) has been published in the Gazette (L.N. 149 of 2017) on 15 September 2017 and is available on the Government’s website http...

... difficulties in earning the CPD hours required before the deadline of 31 July 2020 and may therefore be unable to comply with the CPD requirements for the Assessment Period ending on 31 July 2020. One-off Extension of CPD Fulfillment Deadline by 3 Months With this in mind, the IA has decided that, as a one-off...

... difficulties in earning the CPD hours required before the deadline of 31 July 2020 and may therefore be unable to comply with the CPD requirements for the Assessment Period ending on 31 July 2020. One-off Extension of CPD Fulfillment Deadline by 3 Months With this in mind, the IA has decided that, as a one-off...

... to ensure continuity of the business operations. Our Guidance Note on the Corporate Governance of Authorized Insurers (GN10) requires, among others, an authorized insurer to identify cybersecurity threats arising from network, email and relevant devices. It would be more optimal and cost effective to...

... Guideline applies to the following: (a) an insurer authorized under the Ordinance; (b) Lloyd’s; (c) a member of Lloyd’s who carries on insurance business in Hong Kong; and (d) the members of Lloyd’s taken together who carry on insurance business in Hong Kong. 2.2 In this Guideline, unless the context...

... PROFESSIONAL INSURANCE BROKERS ASSOCIATION LTD. MEMBERSHIP REGULATIONS (First made in October 2003 and was amended on 15 April 2013) 1 PROFESSIONAL INSURANCE BROKERS ASSOCIATION LIMITED MEMBERSHIP REGULATIONS 1. Membership The Association shall consist of company memberships as defined in the...

... there is insufficient space to complete the answer to any question, please continue on a separate sheet, specify the question to which the sheet relates and add signature of the applicant. 3. The applicant and the authorized insurance broker concerned should notify the Insurance Authority (“IA”) in...