... the insurance sector. The major proposals include raising the minimum amounts of paid-up capital and net assets of an insurance broker company (from HK$100,000 to HK$500,000) and the amount of minimum indemnity limit (from HK$3 million to HK$5 million) for its PII. Such proposals will help...

... disclosing all “material facts” when buying insurance MPF scam alert October 2021 Issue 3 Orphan policies – When licensed lnsurance agents leave their appointing insurers...

... Authority • To facilitate sustainable development of the insurance industry • To protect policy holders with a modernised regulatory infrastructure 2 Key Statutory Functions 3 Regulate and supervise insurers and insurance intermediaries Promote proper conduct and practices Conduct studies, consider and...

... above provision and its consequences in case of a breach. 3. Necessary record of member broker having informed such category of Japanese Insurer. The record should be a signed declaration from the Japanese Client that the member broker has informed them of the relevant regulation in Japan as mentioned...

... accepts the policy application. Q3 Paragraph 6.12 of the Guideline specifies that if the customer has indicated that he/she wants or is willing to choose or manage different investment choices with professional advice to be provided by the authorized insurer or licensed insurance intermediary, no ILAS...

... accepts the policy application. Q3 Paragraph 6.12 of the Guideline specifies that if the customer has indicated that he/she wants or is willing to choose or manage different investment choices with professional advice to be provided by the authorized insurer or licensed insurance intermediary, no ILAS...

... Counter-Terrorist Financing (Guideline 3) and Guideline on Exercising Power to Impose Pecuniary Penalty in respect of Anti-Money Laundering and Counter Terrorist Financing (Guideline 3A) 13 September 2019 G.N.5699 of 2019 Notice under section 133(1) of...

... become commonplace THESE AGENTS OF CHANGE ARE HAVING A GREATER IMPACT ON THE INSURANCE INDUSTRY THAN AT ANY TIME IN OUR LIVES Copyright © 2019 Deloitte Development LLC. All rights reserved.3 OUR EVERYDAY INTERACTIONS ARE FRAMING WHAT WE BELIEVE THE EXPERIENCE SHOULD BE ACROSS THE INSURANCE CUSTOMER...

... not persons are carrying on “regulated activity” in certain sector-specific situations. A.3 Since the regulatory regime for insurance intermediaries came into effect on 23 September 2019, the IA has received enquiries on the issue of “regulated activity” involving different types of distribution...

... not persons are carrying on “regulated activity” in certain sector-specific situations. A.3 Since the regulatory regime for insurance intermediaries came into effect on 23 September 2019, the IA has received enquiries on the issue of “regulated activity” involving different types of distribution...