... 主席的話 Chairman’s Message 第一章 保險業監管局 Chapter 1 About the Insurance Authority 第二章 機構管治 Chapter 2 Corporate Governance 第三章 2016-17年度主要工作 Chapter 3 Major Initiatives in 2016-17 第四章 展望 Chapter 4 Outlook 報告及財務報表 Reports and Financial Statements 附錄 Appendices 2 6 10 14 20 24 44 目錄 Contents 2 保險業監管局 Insuran...

... 主席的話 Chairman’s Message 第一章 保險業監管局 Chapter 1 About the Insurance Authority 第二章 機構管治 Chapter 2 Corporate Governance 第三章 2016-17年度主要工作 Chapter 3 Major Initiatives in 2016-17 第四章 展望 Chapter 4 Outlook 報告及財務報表 Reports and Financial Statements 附錄 Appendices 2 6 10 14 20 24 44 目錄 Contents 2 保險業監管局 Insuran...

... discount” (NCD), implying a reduction on next year’s premium, is more accurate. (ii) With private cars, the NCD system operates on what is called a “step-back system”. This means that a single claim will not necessarily destroy an entitlement to next year’s discount. For four or more years’ entitlement...

... a single claim will not necessarily destroy an entitlement to next year’s discount. For four or more years’ entitlement (i.e. 50% or 60% NCD), a single claim during the year reduces the discount on renewal to 20% or 30% respectively. Lesser entitlements coupled with a single claim in the year, or...

... discount” (NCD), implying a reduction on next year’s premium, is more accurate. (ii) With private cars, the NCD system operates on what is called a “step-back system”. This means that a single claim will not necessarily destroy an entitlement to next year’s discount. For four or more years’ entitlement...

... So wide-ranging and embedded is the “treating customers fairly” principle in the insurance regulatory framework – it is referenced over 80 times in the Insurance Ordinance, Guidelines and Codes of Conduct -  it is impossible in the scope of a single article to identify all its...

... financial services sector, notably smart phones and internet giants. But I am more fascinated by the extent to which technologies transcend insurance business to the next level. Just think of how Uber, the world’s largest taxi company – and a taxi company owning not a single taxi, has shaken up the global...

... financial services sector, notably smart phones and internet giants. But I am more fascinated by the extent to which technologies transcend insurance business to the next level. Just think of how Uber, the world’s largest taxi company – and a taxi company owning not a single taxi, has shaken up the global...

... financial services sector, notably smart phones and internet giants. But I am more fascinated by the extent to which technologies transcend insurance business to the next level. Just think of how Uber, the world’s largest taxi company – and a taxi company owning not a single taxi, has shaken up the global...

... implies the receipt of extra money. “No claim discount”, implying a reduction in next year’s premium, is more accurate. (ii) With private cars, the NCD system operates on what is called a “step- back system”. This means that a single claim will not necessarily destroy an entitlement to next year’s...