... for new and existing policies of current products is mainly for system modification, administrative procedural changes etc considering the sheer number of inforce products involved. For certain requirements under GN16 (such as ban on indemnity commission, appropriate clawback mechanism on commission...

... them to operational risks that are likely to be caused as a result of faulty or deficient internal processes, human factors, system failures or external events. The realization of an operational risk can threaten an insurance company’s stability as well as its ability to meet its obligations to...

... them to operational risks that are likely to be caused as a result of faulty or deficient internal processes, human factors, system failures or external events. The realization of an operational risk can threaten an insurance company’s stability as well as its ability to meet its obligations to...

... 總額 Grand Total Trade Occupation 農業, 林木業及漁業 Agriculture, Forestry & Fishing 採礦及採石業 Mining & Quarrying 製造業 Manufacturing 電力, 燃氣及水務業 Electricity, Gas & Water 運輸, 倉庫及通訊業 Transport, Storage & Communication 職業行業 香港一般保險業務的臨時統計數字 Provisional Statistics on Hong Kong General Insurance Business 二零一八年一月至三月...

... 採礦及採石業 Mining & Quarrying 製造業 Manufacturing 電力, 燃氣及水務業 Electricity, Gas & Water 運輸, 倉庫及通訊業 Transport, Storage & Communication 職業行業 香港一般保險業務的臨時統計數字 Provisional Statistics on Hong Kong General Insurance Business 二零一七年一月至三月 January to March 2017 僱員補償保險 (直接業務) Employees' Compensation Insurance (Direct...

... Financing, Insurance, Real Estate & Business Services 社區, 社會及個人服務業 Community, Social & Personal Services 其他/未分類職業 Others/Non-Classified Occupations 總額 Grand Total Trade Occupation 農業, 林木業及漁業 Agriculture, Forestry & Fishing 採礦及採石業 Mining & Quarrying 製造業 Manufacturing 電力, 燃氣及水務業 Electricity, Gas & Water 運輸...

..., Insurance, Real Estate & Business Services 社區, 社會及個人服務業 Community, Social & Personal Services 其他/未分類職業 Others/Non-Classified Occupations 總額 Grand Total Trade Occupation 農業, 林木業及漁業 Agriculture, Forestry & Fishing 採礦及採石業 Mining & Quarrying 製造業 Manufacturing 電力, 燃氣及水務業 Electricity, Gas & Water 運輸, 倉庫及通訊業...

... claim discount system are: (i) Originally, the system was known as a No Claim Bonus (NCB). Technically, this is an incorrect title, since a bonus implies the receipt of extra money. “No claim discount”, implying a reduction in next year’s premium, is more accurate. (ii) With private cars, the NCD system...

... promoting industrial safety); · loss reduction: the lowering of the severity of identified possible losses (e.g. automatic sprinkler system); · risk transfer : making another party bear the consequences of one’s exposure to loss (e.g. purchase of insurance and contractual terms shifting responsibility for...

... nuclear accidents); - loss prevention: the lowering of the frequency of identified possible losses (e.g. activities promoting industrial safety); - loss reduction: the lowering of the severity of identified possible losses (e.g. automatic sprinkler system); - risk transfer : making another party bear the...