... elsewhere or are you the subject of unresolved criminal charges in Hong Kong or elsewhere? (If yes, please complete Form S3.) 5. Have you ever been refused or restricted from carrying on any trade, business or profession by any professional, trade or regulatory body in Hong Kong or elsewhere? 6. Have you...

...% Claims 18% Conduct 28% Business or Operations 21% Services 15% Insurance Intermediary against Insurer 1% Others 1% Total: 1304 Representation of Information 17% Claims 17% Conduct 27% Business or Operations 19% Services 16% Insurance Intermediary against Insurer 3% Others 1% Total: 1434 Complaint...

... product design process. There are specific requirements for product design in Guideline on Underwriting Class C Business (GL15) and Guideline on Underwriting Long Term Insurance Business (other than Class C Business) (GL16) on long term products and Guideline on Medical Insurance Business (GL31) on...

... of the Ordinance commits an offence under section 41 and is liable to a fine of HK$200,000 (plus HK$1,000 for each day on which the offence continues) and, in 6 not exceed a specified amount, unless it obtains the IA’s prior written consent. the case of an individual, to imprisonment for two years....

... communications on claims should be made directly with the policyholder. 6) An authorized insurer should have in place effective measures for combating fraudulent claims The insurance regulatory framework also requires an authorized insurer to have in place effective measures for...

... ORSA processes gradually and achieve the objectives of making ORSA processes as tools for capital management. 6 Here, I would like to share with the audience one important observation on Target Capital. We note that the industry is having a wide range of practices in determining the Target Capital....