... 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. Rating Factors a. Mortality, Interest and Expenses b....

... 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. Rating Factors a. Mortality...

... failed to comply with the said IA’s Guidance Note will need to explain the reason for such non-compliance if called upon to do so by the Disciplinary Committee in an investigation. (b) Handling of Insurance Premium and/or Clients’ Monies Handling of insurance premium and/or clients’ monies in relation to...

... Cooling-off Period at Policy Issuance Appendix 2 1 1. Introduction 1.1 The Insurance Authority (“IA”) issues this Guideline pursuant to section 133 of the Insurance Ordinance (Cap. 41) (“Ordinance”) and its principal function to regulate and supervise the insurance industry for the protection of policy...

... Cooling-off Period at Policy Issuance Appendix 2 1 1. Introduction 1.1 The Insurance Authority (“IA”) issues this Guideline pursuant to section 133 of the Insurance Ordinance (Cap. 41) (“Ordinance”) and its principal function to regulate and supervise the insurance industry for the protection of policy...

... Cooling-off Period at Policy Issuance Appendix 2 1 1. Introduction 1.1 The Insurance Authority (“IA”) issues this Guideline pursuant to section 133 of the Insurance Ordinance (Cap. 41) (“Ordinance”) and its principal function to regulate and supervise the insurance industry for the protection of policy...

... other relevant codes/circulars/guidelines issued by the IA or other regulatory bodies, including the following1: (a) Updated Requirements Relating to the Sale of Investment-linked Assurance Schemes to Enhance Customer Protection issued by the 1 The list is not exhaustive and may be subject to changes...

..., applicable period etc.), where applicable, to be paid by the customers should be fair, commensurate with the insurance protection offered by the product concerned, and reflect the services/added value of the authorized insurer. 5.6 During product design, the determination of pricing assumptions should be...

... premium income will be written in the this region, compared to just 10% a decade ago. According to Munich Re, insurance premiums of Asia excluding Japan will see an average annual growth rate of 7% and 8% for property-casualty and life insurance respectively between 2018 and 2030. Furthermore, Swiss Re...

... premium income will be written in the this region, compared to just 10% a decade ago. According to Munich Re, insurance premiums of Asia excluding Japan will see an average annual growth rate of 7% and 8% for property-casualty and life insurance respectively between 2018 and 2030. Furthermore, Swiss Re...