... policy holders of all life insurance policies and general insurance policies (such as travel, motor, property or household insurance). Levy rates and cap The levy is being introduced in four phases. In Phase 1, which took effect on 1 January 2018, the levy rate was set at 0.04% of the insurance premium...

... policy holders of all life insurance policies and general insurance policies (such as travel, motor, property or household insurance). Levy rates and cap The levy is being introduced in four phases. In Phase 1, which took effect on 1 January 2018, the levy rate was set at 0.04% of the insurance premium...

... Anti-Money Laundering and Counter-Terrorist Financing (“GL3”) the extent of additional measures set out in the AMLO will depend on the nature and characteristics of the product or service requested and the assessed ML/TF risks presented by the customer. Paragraph 4.12.2 when taking supplementary measures...

... Anti-Money Laundering and Counter-Terrorist Financing (“GL3”) the extent of additional measures set out in the AMLO will depend on the nature and characteristics of the product or service requested and the assessed ML/TF risks presented by the customer. Paragraph 4.12.2 when taking supplementary measures...

... routine and different aspects of his private life. And when he renews his insurance now, he may have to tell the insurer how many times he will be accompanying his - 3 - wife Victoria to visit her boutique in Hong Kong in a year for a better risk assessment. 6. Even if we are not celebrities insuring our...

... routine and different aspects of his private life. And when he renews his insurance now, he may have to tell the insurer how many times he will be accompanying his - 3 - wife Victoria to visit her boutique in Hong Kong in a year for a better risk assessment. 6. Even if we are not celebrities insuring our...

... routine and different aspects of his private life. And when he renews his insurance now, he may have to tell the insurer how many times he will be accompanying his - 3 - wife Victoria to visit her boutique in Hong Kong in a year for a better risk assessment. 6. Even if we are not celebrities insuring our...

... individual insurance agent’s role, however, is not to collect premium from the policyholder directly, or to serve as a conduit through which a policyholder should pay premium.  An individual insurance agent is, after all, an individual with a personal (not a business) bank account, who is not set...

... standards of conduct and business practice for authorized insurers underwriting Investment-Linked Assurance Schemes (“ILAS”) business. 1.2 In response to GN 15, this Guidance Note is issued to set out such standards of conduct and business practice in so far as they are applicable to members of PIBA in...

... annuities can be categorized by the length of their premium payment period and annuity period. In general, the amount of each payout is fixed. For the same insured sum, if the annuity period is longer, the amount of each payout will be smaller. However, some policies may offer a step-up provision, whereby...