... • Financial connectivity • After-sales service • Innovative products InsurTech Development • Positive disruption • FinTech eco-system • Compliance and supervision Regulation of Intermediaries 6 Regulation of Intermediaries • Licensing and inspection • Conduct and discipline • Evolving role of self- regulatory...

... policyholder applied for home insurance is excluded from coverage. For example, a home insurance policy may not cover any losses caused by water leakage that existed in a newly build property when the owner moved in. Property owners should first seek the assistance of a building inspector and ensure the...

... insurance broker, and may result in disciplinary action taken against it. Whilst we rely upon Members to develop and implement the AML/CFT System, we prescribe hereby the Annual Certification requirement that Members who are engaged in Long Term Insurance Business are to certify compliance by using the...

... 9a) is "No - use the existing system", did you perform a test run in HKFRS 17 basis? 9c i) If your answer in 9a) is "Yes - buy a new system" or "Yes - modify the existing system by vendor & internal staff" or "Yes - modify the existing system by vendor", what is your current status with the vendor...

... or potential policyholders, and to ensure continuity of their business operations. 2. Interpretation 2.1 In this Guideline, unless the context otherwise specifies: (a) “critical system” in relation to an authorized insurer, means a system, the failure of which will cause significant disruption to the...

... or potential policyholders, and to ensure continuity of their business operations. 2. Interpretation 2.1 In this Guideline, unless the context otherwise specifies: (a) “critical system” in relation to an authorized insurer, means a system, the failure of which will cause significant disruption to the...

... propose related law reforms Revise and propose reforms of the regulatory system Facilitate sustainable market development and promote competitiveness of the industry Engage with the public for better understanding of insurance products and the industry Revise and propose reforms of the regulatory system...

... propose related law reforms Revise and propose reforms of the regulatory system Facilitate sustainable market development and promote competitiveness of the industry Engage with the public for better understanding of insurance products and the industry Revise and propose reforms of the regulatory system...

... propose related law reforms Revise and propose reforms of the regulatory system Facilitate sustainable market development and promote competitiveness of the industry Engage with the public for better understanding of insurance products and the industry Revise and propose reforms of the regulatory system...