... invalid. In insurance, the consideration is: 2/4 (i) the promise by the insured to pay premium; and (ii) the promise by the insurer to pay or compensate as per policy terms. Note: 1 Where an insured event occurs before the premium promised is paid, the insured will still be entitled to insurance payment in...

... Supplement to GL3 Guideline on Anti-Money Laundering and Counter- Terrorist Financing (For authorized insurers and reinsurers carrying on long term business, and licensed individual insurance agents, licensed insurance agencies and licensed insurance broker companies carrying on regulated activitie...

... Supplement to GL3 Guideline on Anti-Money Laundering and Counter- Terrorist Financing (For authorized insurers and reinsurers carrying on long term business, and licensed individual insurance agents, licensed insurance agencies and licensed insurance broker companies carrying on regulated activitie...

... GL3 Guideline on Anti-Money Laundering and Counter- Terrorist Financing (For authorized insurers, reinsurers, appointed insurance agents and authorized insurance brokers carrying on or advising on long term business) Insurance Authority November 2018 Contents Page Chapter 1 Overview ..................

... Guideline on Anti-Money GL3 Guideline on Anti-Money Laundering and Counter- Terrorist Financing (For authorized insurers and, reinsurers, appointed insurance agents and authorized insurance brokers carrying on or advising on long term business, and licensed individual insurance agents, licensed ins...

...; and (ii) the promise by the insurer to pay or compensate as per policy terms. Note: 1 Where an insured event occurs before the premium promised is paid, the insured will still be entitled to insurance payment in accordance with the terms of the contract and the insurer will have a separate claim...

...; and (ii) the promise by the insurer to pay or compensate as per policy terms. Note: 1 Where an insured event occurs before the premium promised is paid, the insured will still be entitled to insurance payment in accordance with the terms of the contract and the insurer will have a separate claim...

... licensed insurance broker company should adopt (as per Part D of the Brokers’ Code)? Do you agree that licensed insurance broker companies should follow such requirements to ensure the General Principles, Standards and Practices in the Brokers’ Code are complied with by the companies and their appointed...

... licensed insurance broker company should adopt (as per Part D of the Brokers’ Code)? Do you agree that licensed insurance broker companies should follow such requirements to ensure the General Principles, Standards and Practices in the Brokers’ Code are complied with by the companies and their appointed...

... interest rates prescribed under the policy, excluding any non-guaranteed bonus. If the policy does not offer any guaranteed crediting interest rate, a conservative crediting interest rate of 0% per annum should be used (“Guaranteed Basis” or “Conservative Basis”). (b) Based on the current assumed crediting...