... insurance policy by misrepresentation, fraud or unethical means; wrongful conduct in signing or completing insurance related documents; improper conduct in the carrying on of insurance business or regulated activities (e.g. failing to comply with the requirements in the Insurance...

... Fulfillment Ratio Fulfillment Ratio Examples Example 1: Participating policy with annual and terminal dividends Assume that the policy was issued on 1 January 2020: End of Policy Year...

... expressed their concerns over the complexities involved. Some insurers have misinterpreted it as a substitute for regulatory capital requirements. With emphases on insurers’ own processes on risk quantification and risk management techniques, the revised draft Guideline replaced “internal economic capital...

... hub and global risk management centre by leveraging on the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the Belt and Road Initiative (BRI). She said, “My Government is in an advanced stage of discussion with the Mainland on the proposed establishment of after-sale service...

... understatement to say that the pandemic is an ultimate stress test on our collective resolve and resilience. Despite the widespread disruptions, however, we are witnessing some positive responses with insurers revamping their product mix to ride on the rising awareness of personal exposure risks, redirecting...

... understatement to say that the pandemic is an ultimate stress test on our collective resolve and resilience. Despite the widespread disruptions, however, we are witnessing some positive responses with insurers revamping their product mix to ride on the rising awareness of personal exposure risks, redirecting...

... role.” “The decision by a prominent international body like the World Bank to partner with Hong Kong marks an important milestone in our journey of striving to become a vibrant ILS hub, while enhancing public awareness on how alternative risk transfer tools could supplement underwriting...

... opportunities we need to enable the local market to expand. Dr Moses Cheng Chairman Now in its third year of operation, the Insurance Authority (“IA”) has been focusing on drafting rules and guidelines regulating market conduct, working with the insurance industry to promote its sustainable development, and...

... opportunities we need to enable the local market to expand. Dr Moses Cheng Chairman Now in its third year of operation, the Insurance Authority (“IA”) has been focusing on drafting rules and guidelines regulating market conduct, working with the insurance industry to promote its sustainable development, and...

... opportunities we need to enable the local market to expand. Dr Moses Cheng Chairman Now in its third year of operation, the Insurance Authority (“IA”) has been focusing on drafting rules and guidelines regulating market conduct, working with the insurance industry to promote its sustainable development, and...