..., with the exception of pure reinsurers. A pure reinsurer is required to give only one set of financial projections on a “realistic estimate” basis. As regards a captive insurer, only projections on premium income and claims outstanding for the first three years of operation are required. 29. For an...

... Non-Linked Business Office premiums for new Non-Linked business recorded an increase of 4.7% to $139,422 million in 2019, with single premium business reducing by 6.8% and regular premium business increasing by 9.6%. The number of policies increased by 3.9% to 1,291,524. With-profits and without-profits...

... included; or (ii) for each and every other insurance transaction, in either the formal proposal or the quotation, cover note, the premium debit note or covering letter, whichever be issued earlier by the Member to the client. 6 The required Form of Disclosure shall be as follows:- "[Broker Name] (the...

... updates, especially for ‘back office’ functions Know Me The expectation is for organizations to know the individual, their behaviors and patterns, and to personalize their experience accordingly (e.g., individualized financial advice and planning, custom communications) Earn My Trust In an era of...

... claims reserving policy to be stated is in respect of its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a...

... claims reserving policy to be stated is in respect of its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a...

... claims reserving policy to be stated is in respect of its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a...

... feedback cautioned that introducing standards and practices for referral business may drive unchecked premium rebating, a practice which would erode professional standards and harm the development of a healthy insurance industry. It was pointed out that this is particularly the case as the draft Agents...

... Conduct for Licensed Insurance Brokers 16 the draft Brokers’ Code). This feedback cautioned that introducing standards and practices for referral business may drive unchecked premium rebating, a practice which would erode professional standards and harm the development of a healthy insurance industry. It...

... feedback cautioned that introducing standards and practices for referral business may drive unchecked premium rebating, a practice which would erode professional standards and harm the development of a healthy insurance industry. It was pointed out that this is particularly the case as the draft Agents...