... to understand and monitor the overall progress of the industry in enhancing their ERM frameworks, we are conducting a Preparation Status Survey (“Survey”) attached at Appendix II. Insurers are expected to complete the Survey on the best effort basis. Please complete the Survey in Excel file format...

... wife or husband or minor child (including a step-child) of that person; (ii) any body corporate of which that person is a director; (iii) any person who is an employee or partner of that person; (iv) if that person is a body corporate: (aa) any director (other than an independent non- executive...

... wife or husband or minor child (including a step-child) of that person; (ii) any body corporate of which that person is a director; (iii) any person who is an employee or partner of that person; (iv) if that person is a body corporate: (aa) any director (other than an independent non- executive...

... 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...

... nil and the net premiums payable under insurance broking creditors will be $150. Consequently the difference is $150 and should equate with the amount in the bank (“the client money requirement”). (ii) Similarly the net balances in respect of claims payable and receivable will also need to be taken...

... form as policy endorsement, is not considered as a top up. Q 3. For refundable insurance policies under 1(a)(ii), does it have to be 100% or more “refundable” in order for the FNA requirement be exempted? A 3. Yes. For those refundable insurance policies which are not 100% refundable (e.g. the amount...

... insurance broking debtors will be nil and the net premiums payable under insurance broking creditors will be $150. Consequently the difference is $150 and should equate with the amount in the bank (“the client money requirement”). (ii) Similarly the net balances in respect of claims payable and receivable...