... by The Hong Kong Federation of Insurers.) If you consider the life insurance policy not suitable, you have the right to cancel it within the “cooling-o� period” and obtain a full refund of the insurance premium paid (less a market value adjustment where applicable). The “cooling-o� period” is 21 days...

... regulatory functions from the Hong Kong Government’s Office of the Commissioner of Insurance. As the prudential and conduct regulator of insurers, the IA is operationally and financially independent from the Hong Kong SAR Government. The IA currently has a staff of over 220 and aims to achieve full strength...

... anniversary day will fall in the succeeding month. A sample of the Annual Fee Notice is set out in Annex E for information. 11. Insurers should settle the Fees，both the fixed and variable, in full with one payment. DEFINITIONS OF TERMS 12. Where a term used in the Note is defined in Cap. 41 or the subsidiary...

... efficient portfolio management. 6.4 To ensure that an SPE structure meets the “bankruptcy remote” criterion, the insurer should obtain an appropriate legal opinion as to the bankruptcy remoteness. There should also be a full disclosure of the bankruptcy remoteness of the SPE in any prospectus, offering...

... concept adopted from software development world • To test technological proof of concept prior to a full-scale public release --> Iterative process to amend and improve based on feedback • In a regulated industry, insurers and start-ups find the iterative approach difficult, especially in gaining real...

... premier location for similar entities to anchor their operational base in the Asia Pacific region. After obtaining green light from the Legislative Council, we are full steam ahead with the formulation of implementation details such as the draft rules on group capital requirement and qualifying capital...

..., allowing us to claim the pole position as the premier location for similar entities to anchor their operational base in the Asia Pacific region. After obtaining green light from the Legislative Council, we are full steam ahead with the formulation of implementation details such as the draft rules on group...

... claim the pole position as the premier location for similar entities to anchor their operational base in the Asia Pacific region. After obtaining green light from the Legislative Council, we are full steam ahead with the formulation of implementation details such as the draft rules on group capital...

... concept adopted from software development world • To test technological proof of concept prior to a full-scale public release --> Iterative process to amend and improve based on feedback • In a regulated industry, insurers and start-ups find the iterative approach difficult, especially in gaining real...