... COrPOrate deVelOPments 58 stakehOlder engagement 65 sOCial resPOnsibility and enVirOnmental PrOteCtiOn 70 FinanCial statements 93 aPPendiCes I n s u r a n c e A u t h o r i t y2 CHAIRMAN’S MESSAGE “Many are saying that things will never be the same after CoVId-19, but the key is what lessons we are learning...

... cope with the new normal. For this reason, I am writing to urge you to strongly encourage all staff and intermediaries of your company to get inoculated by 30 November 2021, after which anyone who have not received the first dose of vaccine or are medically unfit to do so should undergo testing for...

... Group Capital Rules. Respondents of the public consultation were generally supportive of the proposals set out in the draft Group Capital Rules, which have been further refined after careful consideration of the feedback received. The Group Capital Rules will be submitted to the Legislative...

... of the two IACs come from different lines of business with expertise within the insurance industry, as well as from related fields such as accounting, legal and compliance, academia, banking, medical, Fintech and Insurtech. They are appointed by the Financial Secretary after consultation with the IA....

... operations of the insurer or materially impact the insurer’s service to its existing or potential policy holders; (b) “cyber risk” refers to any risks that emanate from the transmission, storage, use or processing of data transmitted, stored and retrieved in electronic means, including technology tools and...

... operations of the insurer or materially impact the insurer’s service to its existing or potential policy holders; (b) “cyber risk” refers to any risks that emanate from the transmission, storage, use or processing of data transmitted, stored and retrieved in electronic means, including technology tools and...

... The basic concept is fairly simple: you pay a premium (in a lump sum or by instalments) to an insurance company, which in turn, provides you with a regular annuity immediately, or after a designated period of time, or when you reach a certain age for the period specified in the contract. Since this...

... The basic concept is fairly simple: you pay a premium (in a lump sum or by instalments) to an insurance company, which in turn, provides you with a regular annuity immediately, or after a designated period of time, or when you reach a certain age for the period specified in the contract. Since this...

... The basic concept is fairly simple: you pay a premium (in a lump sum or by instalments) to an insurance company, which in turn, provides you with a regular annuity immediately, or after a designated period of time, or when you reach a certain age for the period specified in the contract. Since this...

... Notification of Termination of Appointment Under section 64R of the IO, within 14 days after the day on which an authorized insurer, a licensed insurance agency or a licensed insurance broker company (collectively, “Appointing Principal”) terminates the appointment of a licensed...