... Risk Management Committee Top-down approach Long-term and forward- looking Appropriate Remuneration structure Risk Culture and Fair Treatment of Customers 11 • Obligation to fulfil contract terms in insurance policies • Implementing policies on Fair Treatment of Customers • The principles: Provision...

..., 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...

..., 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...

... Council, the appointed examination body for the IIQE, unless otherwise exempted. For details, please make reference to Annex 1 to GL23: Guideline on “Fit and Proper” Criteria for Licensed Insurance Intermediaries under the Insurance Ordinance (Cap.41).   Syllabuses...

... 28 October 2021 By Email Only To: Chief Executives of all Authorized Insurers, Responsible Officers of all Licensed Insurance Broker Companies and Responsible Officers of all Licensed Insurance Agencies Dear Sirs, COVID-19 Vaccination Programme I am grateful to you for responding positively to our...

... 4 February 2022 By e-mail To: Chief Executives of all Authorized Insurers, Responsible Officers of all Licensed Insurance Broker Companies and Responsible Officers of all Licensed Insurance Agencies Dear Sirs, Letter from the Financial Secretary on the Evolving Pandemic Situation in Hong Kong I...

... arrangements are in place, providing safety nets to policy holders: Motor Insurers' Bureau of Hong Kong The Motor Insurers' Bureau of Hong Kong (“MIB”) administers two funds, namely the First Fund and the Insolvency Fund. The First Fund provides relief to a...

... Jan 2011) Page 2 of 11 3) The applicant(s) must then tick one of either box A, B or C in “Section II: Suitability Declaration”. a) Box A should be ticked where the sale representative and the applicant(s) agree that the product is suitable for the applicant(s), based on the information provided by the...