... technology (IT) infrastructure, determination of the measurement models (such as general model, premium allocation model, or variable fee model), data storage and management, reporting & disclosure requirements, lack of actuarial support, etc. Optional – you may also supplement the proposed solutions...

... or is registered as “Chief Executive” of the Member, CIB will not consider any other application from the Member to register another Alt. CE. 6.3 The application for registering Alt. CE shall be made in the form prescribed by the General Committee. 6.4 No additional fee will apply for registering...

... occupation concurrently with the practice of insurance broking shall not allow such outside interest to jeopardize his integrity, independence or competence. (g) Members shall not charge or accept any fee that is disproportionate to the service rendered to a client. (h) Members shall uphold the institute of...

... Some Members have wrongly interpreted that brokerage or fee income earned from Linked Long Term Insurance Business does not fall within the definition of “Insurance Brokerage Income”. Members’ attention is particularly drawn to the phrase “any contract which contains an element of insurance...

... agreement whether as a broker service agreement, brokers terms of business agreement or similar and where such agreement has been signed by the client and sets out clearly therein the express levels of fee or brokerage remuneration to be received by the Member then the provisions of B and C below are deemed...

... the Government. In the long run, the IA has to be financially independent of the Government and recover its operating costs. The Insurance Ordinance provides for the IA to collect an annual authorisation fee from insurance companies and user fees for specific services with effect from 26 June 2017....

... the Government. In the long run, the IA has to be financially independent of the Government and recover its operating costs. The Insurance Ordinance provides for the IA to collect an annual authorisation fee from insurance companies and user fees for specific services with effect from 26 June 2017....

... the Government. In the long run, the IA has to be financially independent of the Government and recover its operating costs. The Insurance Ordinance provides for the IA to collect an annual authorisation fee from insurance companies and user fees for specific services with effect from 26 June 2017....

...,000 The total commission to be paid during the 30 years period is HK$9,000. The commission is therefore 3% of the total premium (HK$300,000) expected to be paid over the 30-year premium term. In case that the remuneration is calculated as % of account value, i.e. trailer fee structure, such trailer...

... compliant client agreements Where there exists a form of client agreement whether as a broker service agreement, brokers terms of business agreement or similar and where such agreement has been signed by the client and sets out clearly therein the express levels of fee or brokerage remuneration to be...