... in or from Hong Kong   1. We certify that we are empowered to make application on behalf of the abovenamed captive company for authorization to carry on in or from Hong Kong the following classes of general insurance business as a captive insurer (as defined in the Ordinance):- (Classes as set out in...

...):- ................................................................................................................................................................ ................................................................................................................................................................ (Classes as set out in Part 3 of Schedule 1.) 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of facts which have been carefully considered and assessed. 3. We undertake to notify the...

... Preparatory Works To prepare for the new regime, we are drafting new rules, codes and guidelines and developing a new computer system and online portal.  We have also set up a Working Group on Direct Licensing Regime for Insurance Intermediaries and two...

... intermediary or remit premiums to the intermediary’s personal bank account as it could be difficult to prove the amount paid was for a premium payment. When paying a premium by cheque, the cheque should be made payable to the insurance company or the intermediary company involved. The payee’s name should not...

... intermediary or remit premiums to the intermediary’s personal bank account as it could be difficult to prove the amount paid was for a premium payment. When paying a premium by cheque, the cheque should be made payable to the insurance company or the intermediary company involved. The payee’s name should not...

... premiums to the intermediary’s personal bank account as it could be difficult to prove the amount paid was for a premium payment. When paying a premium by cheque, the cheque should be made payable to the insurance company or the intermediary company involved. The payee’s name should not be left blank, and...

... insurance policy through Facebook and WhatsApp messages. The victim, after paying the premium through Faster Payment System (FPS) and receiving a cover note from the fraudsters, later found out that the cover note was forged and the policy application for the victim’s vehicle has never been made with...

... June 2021 0.0026% From 26 June 2021 to 25 June 2022 0.0031% From 26 June 2022 to 25 June 2023 and each subsequent period of 1 year from 26 June 0.0039% 11. Examples on calculation of variable fee payable are set out in Annex D for reference. PAYMENT OF ANNUAL AUTHORIZATION FEE 12. Payment of the annual...

... June 2021 0.0026% From 26 June 2021 to 25 June 2022 0.0031% From 26 June 2022 to 25 June 2023 and each subsequent period of 1 year from 26 June 0.0039% 11. Examples on calculation of variable fee payable are set out in Annex D for reference. PAYMENT OF ANNUAL AUTHORIZATION FEE 12. Payment of the annual...