... example, our key industry body, the Hong Kong Federation of Insurers is developing an e-platform for motor insurance by adopting the Blockchain technology, and also a centralised Insurance Claims Fraud Prevention Database by employing advanced analytics to detect patterns of fraudulent insurance claims....

... Business in HK Other Business Address(es) in HK (If there is not enough space, please provide the required information in a separate sheet.) Please state “Nil” if you carry on business in the above registered office or place of business only. Telephone No. Fax No. (if any) Email Address Website Address (if...

... Business in HK Other Business Address(es) in HK (If there is not enough space, please provide the required information in a separate sheet.) Please state “Nil” if you carry on business in the above registered office or place of business only. Telephone No. Fax No. (if any) Email Address Website Address (if...

... Business in HK Other Business Address(es) in HK (If there is not enough space, please provide the required information in a separate sheet.) Please state “Nil” if you carry on business in the above registered office or place of business only. Telephone No. Fax No. (if any) Email Address Website Address (if...

... profitability with an underwriting profit of $199 million. With regard to the direct Motor Vehicle business and the direct Employees’ Compensation business, the performance continued to improve with underwriting losses reduced from $521 million to $441 million, and from $584 million to $150...

... that apply to the entire policy are: A war, rebellion or coup; Specific sports (e.g. motor racing) and professional sports or any activities where the insured person would or could earn income or remuneration from engaging in such activities; trekking at an altitude greater...

... affected. These events underscore the social value of insurance and remind us of the importance of identifying protection needs, proactively managing risks, and addressing protection gaps. Take motor insurance as an example. Currently, only 37% of car owners in Hong Kong have comprehensive insurance...

... when designing their procedures and approach in identifying and reporting suspicious transactions. Compiling STR with sufficient information Various types of information should be provided, with an appropriate level of detail, in STR in order for the JFIU to analyze and follow up...

... transactions to the Joint Financial Intelligence Unit for prompt investigation in order to ensure compliance with the Guidance Note on Prevention of Money Laundering. Nauru The FATF called on its members to continue apply counter-measures to Nauru due to its failure to address the...

... of the following AFIR members attended the meeting (in alphabetical order): Australia, China, Chinese Taipei, the Dubai Financial Services Authority, Hong Kong, India, Japan, Korea, Macao, Malaysia, New Zealand, the Philippines, Singapore, Sri Lanka and Thailand. The IA hosts the...