... data collected via our website: (a)  Personal data provided under the “Contact Us” section and “Insurtech Corner” or other similar section / function on our website is retained for such period as may be necessary for the proper discharge of our...

... curve. The scenario is applied instantaneously at the valuation date and throughout the planning period. Long term insurer needs to justify the assumptions behind the choice of scenario. Part B – Credit spread widening scenario This scenario is based on immediate increase of credit spread, according to...

... curve. The scenario is applied instantaneously at the valuation date and throughout the planning period. Long term insurer needs to justify the assumptions behind the choice of scenario. Part B – Credit spread widening scenario This scenario is based on immediate increase of credit spread, according to...

... interest securities issued by the national government of the country in which currency the liabilities are denominated over the 60-month period ending on (and including) the valuation date. Under section 130 of the Ordinance, the Insurance Authority (“IA”) may relax particular rules made under section 129...

... interest securities issued by the national government of the country in which currency the liabilities are denominated over the 60-month period ending on (and including) the valuation date. Under section 130 of the Ordinance, the Insurance Authority (“IA”) may relax particular rules made under section 129...

... client’s knowledge or consent. The IA has taken into account the HKMA’s investigation findings and noted Mr Chan’s explanation that he failed to set up the direct debit within the one-month validity period of the DDA form signed by the client, after which the form was invalid. The...

... 2022, Mr Ma assisted a client to purchase professional liability and employees’ compensation insurance covering the client’s role as a contractor on an interior renovation project for a period of 4 months commencing 13 January 2022. Mr Ma obtained a quotation from an insurer for the...

... the transitional period for existing broker companies to effect the necessary capital injection for one additional year to slightly more than four years. The proposed increase of minimum indemnity limit under PII policy will not be pursued. The IA will submit the two sets of rules to the...

... outstanding for a substantial period of time (over a year in another case). In some cases, subsequent recurrence of non- compliance were noted. Senior management should diligently and vigilantly monitor the rectification progress of the AML/CFT compliance matters to ensure the remedial actions are taken...

... neither a bank deposit nor a bank savings plan”); (iii) Target premium amount, payment period and benefit periods are clearly highlighted; and (iv) Prominent warnings are shown to the customers concerning affordability of the product during the entire premium payment period; and relevant   (effective 1...