... interpreted in a way that would override the provision of any law. The IA reserves the right to review and update this Note from time to time. Unless otherwise specified, words and expressions in this Note shall have the same meanings as given to them in the Ordinance. General principles In general, if in...

... concerns in depth and believed that this is an isolated and unprecedented situation. At the same time, the FRSC is aware that HKFRS 17 brings about major changes to the way an insurance company currently reports and manages its information systems. In this regard, the FRSC has also been asked by a number...

... vehicle insurance. It will be readily understood that there are very considerable differences in the underwriting of taxis, buses, privately owned small and heavy goods vehicles and a host of other specialized vehicles. Some considerations may be mentioned, however, by way of example: (i) Liability limits...

... and implemented. This is fair, given the different types of businesses licensed insurance agents carry on and the variations in their size and scale, which will obviously necessitate differences in the way in which the Agents’ Code is implemented. B. Interpretation Feedback received 29. There were...

... and implemented. This is fair, given the different types of businesses licensed insurance agents carry on and the variations in their size and scale, which will obviously necessitate differences in the way in which the Agents’ Code is implemented. B. Interpretation Feedback received 29. There were...

... later years becomes increasingly necessary, especially in a changing cultural and social environment. So our purpose, as we begin this study, is not so much to remember certain facts, but rather to understand something of the fundamentals of long term insurance, and to appreciate its role in modern...

... the way forward. Any changes to the self-regulatory system would be in t roduced upon fur ther liaison with the industry. Insurance Intermediaries Quality Assurance Scheme ("IIQAS") Additions to the Exemption List of the I n v e s t m e n t - l i n k e d L o n g Te r m Insurance Examination O n 8 Ju l...

... supersede any laws or regulatory requirements in Hong Kong. The MOU is a statement of intent of the parties and is not intended to create any binding legal obligations, to fetter the discretion of the parties in any way in the discharge of their functions or to create any rights in third parties. 22. The...

... the other hand, the emergence of robo-advice also provides a golden opportunity for traditional insurers and other stakeholders to re-think their business model and create a brand new digital experience for users. Employing robo-advice in distribution service would fundamentally change the way that...

... the way forward. Any changes to the self-regulatory system would be in t roduced upon fur ther liaison with the industry. Insurance Intermediaries Quality Assurance Scheme ("IIQAS") Additions to the Exemption List of the I n v e s t m e n t - l i n k e d L o n g Te r m Insurance Examination O n 8 Ju l...