... referred to the approach taken in the Financial Conduct Authority Handbook1. Bearing in mind our statutory function to protect existing and potential policy holders, we have made the necessary amendment to the revised Guideline accordingly to address the feedback received. [Guideline paragraph 3.5(a)(iii...

... referred to the approach taken in the Financial Conduct Authority Handbook1. Bearing in mind our statutory function to protect existing and potential policy holders, we have made the necessary amendment to the revised Guideline accordingly to address the feedback received. [Guideline paragraph 3.5(a)(iii...

... liabilities of each class of business, including the following matters: 1 Indirect claims expenses shall be included where (i) such indirect costs can be reasonably estimated; (ii) an appropriate allocation of these indirect cost estimates to the future settlement of claims can be made; and (iii) the...

... understanding that either Party has entered into or may enter into with any other party, and this MoU shall be construed accordingly. III. DEFINITION OF TERMS 6. Unless otherwise specified, terms defined in the BO and the IO bear the same meaning when used in this MoU. IV. ROLES AND RESPONSIBILITIES 7. Section...

... understanding that either Party has entered into or may enter into with any other party, and this MoU shall be construed accordingly. III. DEFINITION OF TERMS 6. Unless otherwise specified, terms defined in the BO and the IO bear the same meaning when used in this MoU. IV. ROLES AND RESPONSIBILITIES 7. Section...

... renewable insurance policies without cash value, that provide insurance protection (e.g. hospital cash, medical, critical illness, personal accident, disability or long-term care cover); or (iii) group policies; (b) policies of the nature specified in Class C in Part 2 of the Schedule 1 to the Ordinance....

... understanding that either Party has entered into or may enter into with any other party, and this MoU shall be construed accordingly. III. DEFINITION OF TERMS 6. Unless otherwise specified, terms defined in the BO and the IO bear the same meaning when used in this MoU. IV. ROLES AND RESPONSIBILITIES 7. Section...