... from the industry, local and overseas. Our target is to hire about 130 regulatory officers in the first stage with a view to taking over the regulatory functions of OCI early next year. - 2 - 4. As I have said on many occasions, regulation is an art of balancing. It is about setting the appropriate...

... An employer who fails to comply with the Ordinance to secure an ECI cover: commits an offence and is liable on conviction to a maximum is liable to pay a surcharge to the Employees Compensation Assistance Fund Board according to section 36A of the is still liable to pay the compensation under the...

..., the insurer may reject claims on the ground of non-disclosure or misrepresentation of material facts, whether or not the facts relate to the illness that generated the claim. Apply Early An applicant’s age, habits of smoking or heavy drinking, health condition and medical history are all important...

... Understanding a Participating Policy How to interpret the benefit illustrations According to the Guideline on Benefit Illustration for Long Term Insurance Policies (GL 28) issued by the Insurance Authority, insurers should provide you with a benefit...

... An employer who fails to comply with the Ordinance to secure an ECI cover: commits an offence and is liable on conviction to a maximum is liable to pay a surcharge to the Employees Compensation Assistance Fund Board according to section 36A of the is still liable to pay the compensation under the...

... from the industry, local and overseas. Our target is to hire about 130 regulatory officers in the first stage with a view to taking over the regulatory functions of OCI early next year. - 2 - 4. As I have said on many occasions, regulation is an art of balancing. It is about setting the appropriate...

... financing. 5. Release and access of information: The lender will be given rights to access your policy information and may from time to time instruct the Insurer to release information relating to your Policy, for example, surrender value, cash value, and any loans or advances on the Policy. 6. Risk of...

... Leung has not only facilitated the smooth transition from the former Office of the Commissioner of Insurance to the independent IA but also laid a solid foundation for the IA. We could not have made such great progress in the past year without the dedication of Mr Leung. On behalf of the IA, I would...

... Unit Related Organizations Actuarial Society of Hong Kong Community Legal Information Centre (Topic: Insurance) Employees Compensation Insurer Insolvency Bureau Financial Action Task Force on Money Laundering The Hong...

... must report that they have made good their shortfall directly to the IA (together with relevant supporting documents showing attendance at the requisite CPD courses) by email to [email protected] on or before 7 January 2022. Failure to report will be taken to mean that an individual licensee has...