... bancassurance developments in Hong Kong. Distribution Channel On the life insurance front, in addition to developing traditional branch channels, bancassurers should explore alternative means to reach customers. Banks are experiencing a fall in branch patronage. It is estimated that about 40% of bank customers...

... characteristics of variable life policies. Variable universal life has increasingly become more popular than variable life, owing to its flexibility. In Hong Kong, investment-linked annuities are not commonly found. The most popular type of investment-linked insurance product is flexible premium variable life...

... action against the former agent. The agent’s actions in this case amount to a litany of serious misconduct. His behavior was so disgraceful as to be worthy of the lengthy ban imposed to signal that there is no place for this type of despicable conduct in the insurance market. To say that...

... intended transactions, to business relationships and transactions with natural and legal persons from Iran. You are further advised that the type of enhanced due diligence measures applied should be effective and proportionate to the risks, and in line with the standards as specified in the FATF public...

... of business relationships, by increasing the number and timing of controls applied, and selecting patterns of transactions that need further examination, to business relationships and transactions with natural and legal persons from Iran. You are further advised that the type of enhanced due...

..., understood and I agree to the attached Personal Information Collection Statement. ☐ I am holding a licence that is different to the type of licence applied for in this application. By ticking this box, I confirm that I will request all the appointing principal(s) of that licence to terminate my appointment...

..., understood and I agree to the attached Personal Information Collection Statement. ☐ I am holding a licence that is different to the type of licence applied for in this application. By ticking this box, I confirm that I will request all the appointing principal(s) of that licence to terminate my appointment...

... well as on risk prevention and risk management, and to promote Hong Kong’s role as a risk management centre for the Belt and Road Initiative. The forum was attended by over 70 participants, including more than 40 officials from the SASAC, the Hong Kong and Macao Affairs Office of the...