... like underwriting, claims handling, asset management, reinsurance arrangements and supervision of intermediaries, the scope and depth of which vary depending on the nature or level of risks involved. The inspection teams focus on risk management and internal control systems to ensure that business is...

... like underwriting, claims handling, asset management, reinsurance arrangements and supervision of intermediaries, the scope and depth of which vary depending on the nature or level of risks involved. The inspection teams focus on risk management and internal control systems to ensure that business is...

... insurance agent responsible for arranging the policy leaves their company. Insurers and key persons in control functions for intermediary management must therefore have in place proper controls and processes to address this issue, for example by assigning a new insurance agent to service the policies in an...

... example reflect on the IA’s view of the continued fitness and properness of (i) the directors, controllers or key persons in relevant control functions of the insurers to which this Guideline applies and (ii) the licensed insurance intermediaries to which this Guideline applies and (in the case of...

... Tommy Chan 2882 9943 See Note 4 IA-CIB- 2021004 CIB Risk Management and Internal Control - An Integrated Approach 2 25 January 2021 Mr Tommy Chan 2882 9943 See Note 4 IA-CIB- 2021005 CIB VHIS – How would you select an appropriate plan for your clients 2 23 February 2021 Mr Tommy Chan 2882 9943 See Note...

... Applicable Rules Issued by the SROs Prior to 23 September 2019 On 23 September 2019, the IA took over the regulation of insurance intermediaries from the Self-Regulatory Organizations ("SROs") as well as any other cases of alleged contravention that occurre...

... example reflect on the IA’s view of the continued fitness and properness of (i) the directors, controllers or key persons in relevant control functions of the insurers to which this Guideline applies and (ii) the licensed insurance intermediaries to which this Guideline applies and (in the case of...