... event of insolvency of an insurer. The Government is preparing the enabling legislation for establishing the PPS and will continue to engage stakeholders in the process. OCI Annual Report 2016 19 Facility for Terrorism Risks Employees’ Compensation (“EC”) Insurance Business Since January 2002, the...

... event of insolvency of an insurer. The Government is preparing the enabling legislation for establishing the PPS and will continue to engage stakeholders in the process. OCI Annual Report 2016 19 Facility for Terrorism Risks Employees’ Compensation (“EC”) Insurance Business Since January 2002, the...

... letter to the customer (for unreachable customers at the first instance) 11. Appendix G: Point of sale Audio Recording Script Member Companies selling ILAS products are required to implement the Requirements described in the circular as soon as practicable, and in any event no later than 30 June 2013....

... qualifications considered acceptable to the IA; OR (ii) in the event he has no acceptable insurance qualification as mentioned in (i) above, a minimum of five years’ experience in the insurance industry of which 2 years is at management position and passed the relevant papers of the Qualifying Examination unless...

... qualifications considered acceptable to the IA; OR (ii) in the event he has no acceptable insurance qualification as mentioned in (i) above, a minimum of five years’ experience in the insurance industry of which 2 years is at management position and passed the relevant papers of the Qualifying Examination unless...

... be difficult to reach. (d) In the event of unsuccessful calls, a confirmation letter should be sent to the customers, alongside an email/SMS alert that draws the attention of the customers to the importance of the confirmation letter. 11.3 Authorized insurers should collect sufficient information of...

... transitional arrangements. Policyholders’ Protection Fund (“PPF”) The PPF aims to maintain market stability and better protect policyholders’ interest by a safety net in the event of insolvency of an insurer. The Government is preparing the enabling legislation for establishing the PPF and will continue to...

... transitional arrangements. Policyholders’ Protection Fund (“PPF”) The PPF aims to maintain market stability and better protect policyholders’ interest by a safety net in the event of insolvency of an insurer. The Government is preparing the enabling legislation for establishing the PPF and will continue to...

... transitional arrangements. Policyholders’ Protection Fund (“PPF”) The PPF aims to maintain market stability and better protect policyholders’ interest by a safety net in the event of insolvency of an insurer. The Government is preparing the enabling legislation for establishing the PPF and will continue to...

... done in the correct order, with an FNA and RPQ at the heart of the process. 3 Effective date Member Companies which sell ILAS products are required to implement the Requirements as soon as practicable and in any event no later than 1 January 2016. 4 Requirements 4.1 Proper Sales Process The...