... areas of concern which we propose to address by providing further detail on the expectations with regards to compliance with the relevant regulatory standards in order to improve customer awareness, protection and outcome. The insurers and intermediaries inspected were generally able to comply with the...

... (Individuals) As you will be aware, save in exceptional cases, the licences granted by the Insurance Authority (“IA”) under the Insurance Ordinance (CAP. 41) to licensed insurance intermediaries are valid for 3 years and therefore have to be renewed every 3 years. In order to renew a licence, a licensed...

... required to notify the IA regarding relevant changes of its directors and controllers1, as follows: Section 64ZZD of the Insurance Ordinance (Cap. 41) Duty to notify the Insurance Authority of change of directors or controllers for licensed insurance broker company...

... – Paper III Syllabus for Long Term Insurance Examination I. Introduction to Life Insurance i. Definition of Life Insurance A. Needs for Life Insurance ii. Principles of Life Insurance A. Insurable Interest B. Duty of Disclosure C. Other Insurance Principles iii. Calculation of Life Insurance Premium A....

... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...

... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...

... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...

... medical insurance business. GL31 provides guidance on the standards and practices which are expected to be met in order to ensure fair treatment of customers across all aspects of medical insurance business, including selling, handling claims, after-sales, and the handling of complaints. ...

... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...

... - 12. In order to assess clients’ needs, Members should ensure that they understand, among others, the clients’:- 12.1 existing and potential financial commitments (and liabilities) arising from his/her family and marital status, and from his/her own aspirations (or lifestyle), including but not limited...