... Office of the Commissioner of Insurance ANNUAL REPORT 2016 Supervision Protection Development ANNUAL REPORT 2016 Contents Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 Work of the Insurance Authority 15 General Insurance Business 2...

... Insurance Intermediaries Quality Assurance Scheme General Insurance Examination Study Notes 2018 Edition i PREFACE These Study Notes have been prepared to correspond with the various Chapters in the Syllabus for the General Insurance Examination. The Examination will be based upon these Notes. A fe...

... General Insurance Examination Insurance Intermediaries Quality Assurance Scheme General Insurance Examination Study Notes 2018 Edition 1 Study Notes for General Insurance Examination Update Voluntary Health Insurance Scheme fully launched on 1 April 2019 With the Voluntary Health Insurance Scheme (...

... identifies its possible causes by observation, which could be theft by customers, theft by staff, etc. It quantifies the loss from frequent stocktaking compared with cash receipts (making allowance for staff errors). It may deal with the risk, for example, by installing closed circuit TV, or (if market...

... allowance for staff errors). It may deal with the risk, for example, by installing closed circuit TV, or (if market conditions allow) by raising prices generally to offset such losses, or by setting up a self-insurance fund for them. 1/4 1.2 FUNCTIONS AND BENEFITS OF INSURANCE Insurance has many functions...

... circuit TV, or (if market conditions allow) by raising prices generally to offset such losses, or by setting up a self-insurance fund for them. 1/4 1.2 FUNCTIONS AND BENEFITS OF INSURANCE Insurance has many functions and benefits, some of which we may describe as primary and others as ancillary or...

... circuit TV, or (if market conditions allow) by raising prices generally to offset such losses, or by setting up a self-insurance fund for them. 1/4 1.2 FUNCTIONS AND BENEFITS OF INSURANCE Insurance has many functions and benefits, some of which we may describe as primary and others as ancillary or...

... Appendix A GL3 Guideline on Anti-Money Laundering and Counter- Terrorist Financing (For authorized insurers, reinsurers, appointed insurance agents and authorized insurance brokers carrying on or advising on long term business) Insurance Authority June 2017March 2018 Contents Page Chapter 1 Overvie...

... HONG KONG MONEY LAUNDERING AND TERRORIST FINANCING RISK ASSESSMENT REPORT April 2018 FOREWORD BY FINANCIAL SECRETARY i HONG KONG’S ANTI-MONEY LAUNDERING/COUNTER- FINANCING OF TERRORISM POLICY iii EXECUTIVE SUMMARY v 1. INTRODUCTION TO HONG KONG 1 Geographical Position Population Language Government...

... HONG KONG MONEY LAUNDERING AND TERRORIST FINANCING RISK ASSESSMENT REPORT April 2018 FOREWORD BY FINANCIAL SECRETARY i HONG KONG’S ANTI-MONEY LAUNDERING/COUNTER- FINANCING OF TERRORISM POLICY iii EXECUTIVE SUMMARY v 1. INTRODUCTION TO HONG KONG 1 Geographical Position Population Language Government...