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⏭... necessary, with printing on both sides in which event there must be an indication that the illustration continues overleaf. Applicant’s signature is required for all pages of the Illustration Document. 4. Assumption setting In setting the best estimate assumptions for the base scenario, Appointed Actuary...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5.Standard_Illustration_for_Participating_Policies.pdf -
Date: 2019-12-20
... otherwise exempted, (including comparison of different insurance options) with the customers before recommending to them any life insurance products and signing the application. Validity Period: A signed FNA form shall have a validity period of one year, i.e. in the event that a customer purchases...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/6_HKFI_Initiative_on_FNA_v6_1_6_2018_20190823.pdf -
Date: 2019-12-20
... from this ‘black swan’ event and how to reach for the better. the Insurance Authority sees both challenges and enlightenment in the making, and has reacted by delicately balancing business facilitation with structural reforms.” Dr Moses Cheng Chairman The past year was an eventful one for the Insurance...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2019_20_Eng.pdf -
Date: 2021-12-14
... from this ‘black swan’ event and how to reach for the better. the Insurance Authority sees both challenges and enlightenment in the making, and has reacted by delicately balancing business facilitation with structural reforms.” Dr Moses Cheng Chairman The past year was an eventful one for the Insurance...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2019_20_Eng.pdf -
Date: 2022-05-24
... carrying on the regulated activity and this was significant, it would likely satisfy the “course of business” test even if this was an isolated activity (and in any event, it would also satisfy the “reward” test – see B7.5 below). B7.5 As regards carrying on regulated activity for “reward”, this would...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Explanatory_Note_on_Regulated_Activities.pdf -
Date: 2021-12-10
... carrying on the regulated activity and this was significant, it would likely satisfy the “course of business” test even if this was an isolated activity (and in any event, it would also satisfy the “reward” test – see B7.5 below). B7.5 As regards carrying on regulated activity for “reward”, this would...
https://www.ia.org.hk/english/legislative_framework/files/Explanatory_Note_on_Regulated_Activities.pdf -
Date: 2021-10-12
... of the broker company in the event of a negligence claim. This, in turn, may weaken policy holder protection. Hence, there is a need to set a cap on the amount of the deductible. We are pleased to have received general support for the proposed cap on the deductible from the consultation feedback and...
https://www.ia.org.hk/english/infocenter/files/Broker_Rules_Conclusions_Eng.pdf -
Date: 2019-09-03
... of the broker company in the event of a negligence claim. This, in turn, may weaken policy holder protection. Hence, there is a need to set a cap on the amount of the deductible. We are pleased to have received general support for the proposed cap on the deductible from the consultation feedback and...
https://www.ia.org.hk/english/infocenter/files/final_Broker_Rules_Conclusions_Eng.pdf -
Date: 2019-09-03
... of the broker company in the event of a negligence claim. This, in turn, may weaken policy holder protection. Hence, there is a need to set a cap on the amount of the deductible. We are pleased to have received general support for the proposed cap on the deductible from the consultation feedback and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Broker_Rules_Conclusions_Eng.pdf -
Date: 2019-09-10
... of the broker company in the event of a negligence claim. This, in turn, may weaken policy holder protection. Hence, there is a need to set a cap on the amount of the deductible. We are pleased to have received general support for the proposed cap on the deductible from the consultation feedback and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/final_Broker_Rules_Conclusions_Eng.pdf -
Date: 2019-09-10