... insurer taking over and then exercising the insured’s rights of recovery against third parties. 1.2.1 Insurable Interest In simple terms, insurable interest is such relationship with the subject matter of insurance (a person’s life, in the case of life insurance) that is recognised at law or in equity as...

... of the questions will be very straightforward, involving a simple choice from four alternatives. These we may call Type ‘A’ Questions. A selection of the questions (probably between 10% and 15%) will be slightly more complex, but again involving a choice between four alternatives. These we may call...

... straightforward, involving a simple choice from four alternatives. These we may call Type ‘A’ Questions. A selection of the questions (probably between 10% and 15%) will be slightly more complex, but again involving a choice between four alternatives. These we may call Type ‘B’ Questions. Examples of each are...

... view of the relatively simple nature of travel insurance policies and relatively low level of premiums for these types of policies, the need for technical representatives (agent), who are engaging in restricted scope travel business only, to compulsorily attend training in ethics and regulations is not...

... 現行 審批期限 Target Participant 培訓對象 Contact 聯絡方法 80/37/06 Standard Academy of Insurance & Management Ltd Sale Made Simple - Popular Insurance Series No. 1 * No 12 01 Nov 2021 - 31 Oct 2022 Public 公眾人士 + Commissioning Body 委託機構員工 Dr Raymond CHOW 25236350 80/37/07 Standard Academy of Insurance...

.../3 (e) Contribution: insurers sharing an indemnity payment; (f) Subrogation: the indemnifying insurer taking over and then exercising the insured’s rights of recovery against third parties. 1.2.1 Insurable Interest In simple terms, insurable interest is such relationship with the subject matter of...

... owns the model. 10 Stresses and scenarios can be developed ranging from simple sensitivities to complex scenarios (deterministic or stochastic), with increasing sophistication and explanatory power. 11 Development of own scenarios could be referenced to pandemic scenario, catastrophic events, sovereign...

... and scenarios. In this regard, the modeled 10 For example, the personnel responsible for the review and validation of the model should be adequately qualified and should be independent of the personnel who design or own the model. 11 Stresses and scenarios can be developed ranging from simple...

... and scenarios. In this regard, the modeled 10 For example, the personnel responsible for the review and validation of the model should be adequately qualified and should be independent of the personnel who design or own the model. 11 Stresses and scenarios can be developed ranging from simple...

... own the model. 10 Stresses and scenarios can be developed ranging from simple sensitivities to complex scenarios (deterministic or stochastic), with increasing sophistication and explanatory power. If necessary, an external party to the authorized insurer may be engaged to conduct the SST. 11...