... different types of vehicles, with the amount required for light motor vehicles and motorcycles being MOP 1.5 million. Further details (in Chinese and Portuguese only) are available from the schedule in Appendix 1 of Decree-Law no. 57/94/M issued by the Macao Government. INSURED AMOUNT (FOR ONE EVENT) HONG...

... different types of vehicles, with the amount required for light motor vehicles and motorcycles being MOP 1.5 million. Further details (in Chinese and Portuguese only) are available from the schedule in Appendix 1 of Decree-Law no. 57/94/M issued by the Macao Government. INSURED AMOUNT (FOR ONE EVENT) HONG...

... financial services, but it is rapidly catching up. China’s first online insurer ZhongAn held the first major Initial Public Offerings in Hong Kong this year, raising US$1.5 billion on a market valuation of US$10 billion. There is strong investor confidence in the growth potential of Insurtech. At the same...

... new life insurance policy will be payable subject to the terms and conditions of the new life insurance policy. c) Has the Agent/Broker explained to you the implications of this replacement for claims payment, if any, as indicated on the left-hand side? □ Yes □ No 5. Other considerations： a) List...

... important infrastructure for participating business. 5 The objectives for our introduction of par fund management are to ensure fairness to policy holders and meet the Policy holders’ Reasonable Expectations (PRE). We have introduced “earned” concept in respect of when the profits or surplus arising from...

... These two products have been a resounding success. We hope that a more balanced market would help our industry to tide over market volatility and respond quickly to sudden market changes. 5 As for sustainable market development, we aim to develop Hong Kong as a regional insurance and reinsurance hub, an...

... industry. Industry and public consultation on over 10 sets of rules, codes and guidelines is expected to be launched in the second half of 2018. Meanwhile, we are recruiting new staff to take up licensing, investigation and disciplinary work arising from the new regime. 5 Growth of Insurtech and Regulator’s...

... The quality of service issues are being addressed by Insurtech and 5 digitisation, e.g. easier access to insurance products, easier claim process, lower premiums, more personalised insurance solutions and better value- added services, such as health and fitness monitoring and roadside assistance. The...