... mismatches in the payment timing. Credit risk Your policy is the loan collateral of the financial institution. If your insurer defaults on its policy obligations or faces an adverse change in its credit rating, the financial institution may, in view of the deteriorating...

... strengthen the regulatory regime  for  investment  products  and  conduct  of  intermediaries.  In  May  2010,  the  SFC  published  its  Consultation  Conclusions  on  Proposals  to  Enhance  Protection  for  the  Investing  Public  ("SFC  Consultation  Conclusions")  maintaining  its  view  that  there...

... the whole or any part of this Guideline. A non- compliance with the provisions in this Guideline would not by itself render an authorized insurer or licensed insurance intermediary liable to judicial or other proceedings. A non-compliance may, however, reflect on the IA’s view of the continued fitness...

... the whole or any part of this Guideline. A non- compliance with the provisions in this Guideline would not by itself render an authorized insurer or licensed insurance intermediary liable to judicial or other proceedings. A non-compliance may, however, reflect on the IA’s view of the continued fitness...

... him, and will enable financial statements of such insurance broking business to be prepared from time to time which give a true and fair view of the financial position and results of the insurance broker; (ii) An incorporated insurance broker shall cause to be kept such accounting and other records as...

... him, and will enable financial statements of such insurance broking business to be prepared from time to time which give a true and fair view of the financial position and results of the insurance broker; (ii) An incorporated insurance broker shall cause to be kept such accounting and other records as...

... individual and placing it upon the insurer. The primary benefit is seen in the financial compensation made available to insured victims of the various insured events. On the commercial side, this enables businesses to survive major fires, liabilities, etc. From a personal point of view, the money is of great...

..., liabilities, etc. From a personal point of view, the money is of great help in times of tragedy (life insurance) or other times of need. (b) Ancillary functions/benefits: Insurance contributes to society directly or indirectly in many different ways. These will include: (i) employment: the insurance industry...

... reserve for the year then ended; • the statement of cash flows for the year then ended; and • the notes to the financial statements, which include a summary of significant accounting policies. Our opinion In our opinion, the financial statements give a true and fair view of the state of affairs of the...

... reserve for the year then ended; • the statement of cash flows for the year then ended; and • the notes to the financial statements, which include a summary of significant accounting policies. Our opinion In our opinion, the financial statements give a true and fair view of the state of affairs of the...