... identification of the conduct; and (v) the likelihood that the authorized insurer will engage in the same type of conduct in the future. (c) The previous disciplinary record and compliance history of the 4 authorized insurer, including: (i) previous disciplinary record and compliance history of the authorized...

... policy for ensuring that relevant staff receive adequate AML/CFT training? Have the insurance institutions monitored who have been trained, when the staff received the training, the type of the training provided and the effectiveness of the training? Staff Training 24 • Training materials regularly...

... operative under the new policy? The “Incontestability Clause” under your existing policy may already have taken effect to protect your interests. That means the validity of the existing policy is incontestable unless there is, for example, fraud or non-payment of premiums. (g) Is the type of the new policy...

... policy for ensuring that relevant staff receive adequate AML/CFT training? Have the insurance institutions monitored who have been trained, when the staff received the training, the type of the training provided and the effectiveness of the training? Staff Training 24 • Training materials regularly...

... differ according to the size and structure of the insurer and the type of business it conducts. However, the basic principles of the Board of Directors (“Board”)’ responsibility, the need for an investment policy, segregation of duties and control will be applicable to all authorized insurers. 1.3. The...

...% 5.1% 5.2% 5.2% 5.3% 14.7% 11.0% 23.8% 8.5% 4.7% 15.3% 5.0% 17.9% 20.3% 5.6% Type of Insurance Retirement Scheme Annuity and Others 4 In-Force Individual Life Business Non-Linked Business Office premiums for Non-Linked business grew by 2.8% to HK$377,475 million in 2018, representing 88.5% of the...

... should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h protection and long-term savings...

... this year has adversely affected people from all walks of life. The latest statistics from the Hong Kong Federation of Insurers showed that Hong Kong insurers have paid more than HK$100 million of SARS-related insurance benefits out of 492 claims (see table below). Type of Insurance Individual Life...

... this year has adversely affected people from all walks of life. The latest statistics from the Hong Kong Federation of Insurers showed that Hong Kong insurers have paid more than HK$100 million of SARS-related insurance benefits out of 492 claims (see table below). Type of Insurance Individual Life...

... this year has adversely affected people from all walks of life. The latest statistics from the Hong Kong Federation of Insurers showed that Hong Kong insurers have paid more than HK$100 million of SARS-related insurance benefits out of 492 claims (see table below). Type of Insurance Individual Life...