... Kong). 2 There is no dispute that 2019 and 2020 are two of the three hottest years recorded in history. Rising temperatures bring higher sea levels and affect ecosystems. What used to be called rarities such as super typhoons, severe blizzards, sprawling bushfires, parching droughts and drenching...

... technology could reinvent insurance, I am extremely excited to learn that insurance companies and technology companies are competing to bring in new Insurtech applications and - 2 - improvements to the existing infrastructure and business processes. When I look through today’s agenda, I notice that Insurtech...

... allowed on an annual basis (i.e. policy holders are not required to submit an application every year), the premium may be adjusted annually according to the age of the policy holders as prescribed in the contract. 2. Consider your personal needs There are a variety of medical...

... by the Insurance Authority under the Insurance Ordinance (Cap. 41). 2. Conduct a self assessment of your actual needs and financial position Before applying for insurance, you should consider your specific protection needs and your reason for taking out an...

... information during the FNA process, the intermediary cannot recommend any insurance product to you. 2. Pay attention to the proportion of non-guaranteed benefits The proportion of non-guaranteed benefits varies amongst different participating products. Refer to this proportion to...

... technology could reinvent insurance, I am extremely excited to learn that insurance companies and technology companies are competing to bring in new Insurtech applications and - 2 - improvements to the existing infrastructure and business processes. When I look through today’s agenda, I notice that Insurtech...

... 2) An authorized insurer should provide policyholders with clear guidance on what information needs to be submitted when making a claim  Insurers should provide clear guidance to policyholders on what information needs to be submitted when making a claim under an insurance policy...

... October 2011) to insurers of asking for Brokers Declaration on remuneration. Members shall start preparing for the implementation, which may include:- (1) Joint compliance, legal and operational executive review of the implications; (2) Legal compliance consideration and recommendation for internal...

... KM_C364e-20170224182311 ...

... significant role in improving the social well- being and economic development, and are indispensable for building a robust and sustainable insurance industry in Hong Kong. 2 The establishment of the IA has marked a new milestone in the development of the insurance industry in Hong Kong. I am glad to see a...