...” and the requirements relating to gifts stated in the Guidelines issued by the IA. 36. As regards the requirements in relation to Standard and Practice 1.3 of the draft Agents’ Code (Compliance), feedback was received from insurers (and those representing them) of the need to highlight the explicit...

... General Principle 1 – Honesty and Integrity Feedback received 36. Several respondents suggested the removal of the requirement from licensed insurance brokers to have to act in “utmost good faith”, on the basis that the duty of utmost good faith is owed as between the prospective policy holder and the...

...” and the requirements relating to gifts stated in the Guidelines issued by the IA. 36. As regards the requirements in relation to Standard and Practice 1.3 of the draft Agents’ Code (Compliance), feedback was received from insurers (and those representing them) of the need to highlight the explicit...

... General Principle 1 – Honesty and Integrity Feedback received 36. Several respondents suggested the removal of the requirement from licensed insurance brokers to have to act in “utmost good faith”, on the basis that the duty of utmost good faith is owed as between the prospective policy holder and the...

... Dividends 5.2.8 Guideline on Underwriting Long Term Insurance Business (Other Than Class C Business) (GL16) 5.2.9 Initiative on Financial Needs Analysis 5.2.10 Important Facts Statement for Mainland Policyholder 5.2.11 Relevant Guidelines by Approved Bodies of Insurance Brokers v 5.3 Underwriting 5/36 5.3.1...

... Return of Fund A pi (ri – r )2 Return of Fund B pi (ri – r )2 0.2 20% 0.8 20% 24.2 0.7 25% 6.3 40% 56.7 0.1 5% 28.9 -10% 168.1 36 249 The volatility of Fund A = √Σpi (ri – r )2 = √36 = 6 The volatility of Fund B = √249 = 15.8 (iii) Sharpe Ratio From the above example, Fund B has a higher return carrying...

... increased CPD hour requirements, the IA has decided to extend the transitional period – see the section in relation to Question 9 below. 36. It is important for insurance intermediaries to receive a high quality of CPD activities. In general, only certain types of CPD activities covering specific topics...

... Microsoft Word - 20150714 Updated Requirements Relating to the Sale of ILAS to Enhance Customer Protection Third Edition v1 註冊有限公司 Incorporated with limited liability 香港灣仔駱克道 353 號三湘大廈 29 樓 29/F, Sunshine Plaza, 353 Lockhart Road, Wanchai, Hong Kong 電話 Tel: 25201868 傳真 Fax: 25201967 網址 Website: htt...

... Microsoft Word - (Circular)Updated Requirements relating to the Sale of ILAS Policies 註冊有限公司 Incorporated with limited liability 香港灣仔駱克道 353 號三湘大廈 29 樓 29/F, Sunshine Plaza, 353 Lockhart Road, Wanchai, Hong Kong 電話 Tel: 25201868 傳真 Fax: 25201967 網址 Website: http://www.hkfi.org.hk 電郵 E-mail: hkfi@hk...

... Microsoft Word - Mv13514-attachment 1 註冊有限公司 Incorporated with limited liability 香港灣仔駱克道 353 號三湘大廈 29 樓 29/F, Sunshine Plaza, 353 Lockhart Road, Wanchai, Hong Kong 電話 Tel: 25201868 傳真 Fax: 25201967 網址 Website: http://www.hkfi.org.hk 電郵 E-mail: [email protected] Ref : Mv142/14 By Fax & By Email To : ...