... fast moving landscape, we see our role as central to fostering a dynamic, diversified and sustainable market by working together with the industry, and developing a shared understanding of what we are trying to achieve, which will ultimately build confidence amongst policyholders. In the course of it...

... VTC Insurance Summit Evolving landscape of the Insurance Industry in Hong Kong Mr. Clement Cheung Chief Executive Officer Insurance Authority of Hong Kong 8 October 2018 1) Market Overview Market Overview Long Term Business – In-force Premium * Based on provisional figures -10.0% -5.0% 0.0% 5.0...

... also taken into account the overarching principles of developing the Risk-based Capital (“RBC”) regime that include, amongst others, compliance with the Insurance Core Principles published by the International Association of Insurance Supervisors; market landscape and needs of the insurance industry...

... Its duties include advising the Board on the authorized insurer’s risk appetite, reviewing the adequacy and effectiveness of the risk management policies for material risks (such as pricing, capital management, market, liquidity, operation and compliance) on a regular basis and ensuring sufficient...

... Its duties include advising the Board on the authorized insurer’s risk appetite, reviewing the adequacy and effectiveness of the risk management policies for material risks (such as pricing, capital management, market, liquidity, operation and compliance) on a regular basis and ensuring sufficient...

... Utmost Good Faith 3/4 3.2.1 Ordinary Good Faith 3.2.2 Utmost Good Faith 3.2.3 Material Fact 3.2.4 When to Disclose Material Facts 3.2.5 Types of Breach of Utmost Good Faith 3.2.6 Remedies for Breach of Utmost Good Faith 3.3 Proximate Cause 3/7 3.3.1 Meaning and Importance of the Principle 3.3.2 Types of...

.../4 3.2.1 Ordinary Good Faith 3.2.2 Utmost Good Faith 3.2.3 Material Fact 3.2.4 When to Disclose Material Facts 3.2.5 Types of Breach of Utmost Good Faith 3.2.6 Remedies for Breach of Utmost Good Faith 3.3 Proximate Cause 3/7 3.3.1 Meaning and Importance of the Principle 3.3.2 Types of Peril 3.3.3...

... involvement in the operation or administration or management or issuance or distribution of an SFC-authorized investment product or in managing the business of any SFC-licensed corporation); (m) informing the SFC as soon as practicable upon becoming aware of any material issues which may adversely impact any...

... involvement in the operation or administration or management or issuance or distribution of an SFC-authorized investment product or in managing the business of any SFC-licensed corporation); (m) informing the SFC as soon as practicable upon becoming aware of any material issues which may adversely impact any...

... involvement in the operation or administration or management or issuance or distribution of an SFC-authorized investment product or in managing the business of any SFC-licensed corporation); (m) informing the SFC as soon as practicable upon becoming aware of any material issues which may adversely impact any...