... (“Requirements”). 2 Purpose The purpose of the updated Requirements is to incorporate, among others, the enhanced requirements brought about through the introduction of the SFC Handbook to ensure that customers purchase ILAS products which are suitable for them and consistent with their requirements and risk...

... Authority Contents Page 1. Introduction ……………………………………………… 1 2. Considerations in Exercising the Insurance Authority’s Power to Impose Pecuniary Penalty……………………… 1 3. Commencement…………………………………………... 4 1 1. Introduction 1.1. This Guideline is issued by the Insurance Authority (“IA”) pursuant to section 23(1...

... disclosure2 of important information with their clients and applied an extended cooling-off period that lasts no less than 30 calendar days for the delivery of policy documents through the mail and for policy holders to seek professional advice if found necessary. Furthermore, insurers and intermediaries must...

... Forum on Embracing Fintech in Hong Kong Insurtech ‘Sandbox’ approach Forum on Embracing Fintech in Hong Kong Insurtech - ‘Sandbox’ approach Mr Raymond Tam Executive Director Policy and Development Division Insurance Authority 15 September 2017 Insurtech – The trend 2 Technology advancement...

... HKGIBS_2018.xlsx 1 1 2 2 3 3 4 4 直接業務 (總額) Direct Business (Total) 新會計政策 舊會計政策 新會計政策 舊會計政策 New Accounting Policy Old Accounting Policy New Accounting Policy Old Accounting Policy 未決申索準備金毛額 (百萬元) 4,246.2 2,359.6 2,206.3 1,828.9 Gross Outstanding Claims Provision ($m) 4,246.2 2,359.6 2,206.3 1,828.9...

... licensed insurance intermediaries to carry out face-to-face (“F2F”) meetings with the potential policyholders, the Insurance Authority (“IA”) sees an urgent need for certain temporary facilitative measures to be introduced to minimize the risk of infection during the sale process of insurance policies...

... licensed insurance intermediaries to carry out face-to-face (“F2F”) meetings with the potential policyholders, the Insurance Authority (“IA”) sees an urgent need for certain temporary facilitative measures to be introduced to minimize the risk of infection during the sale process of insurance policies...

... Overview ........................................................................... 1 Chapter 2 AML/CFT systems and business conducted outside Hong Kong ........................................................................ 9 Chapter 3 Risk-based approach...

... Israeli model for capital requirements does not include any requirements for risks other than insurance risks2, and because a comparison to advanced models indicates significant level of divergence between the capital required in Israel and that required in developed countries, it is proposed that action...

... Israeli model for capital requirements does not include any requirements for risks other than insurance risks2, and because a comparison to advanced models indicates significant level of divergence between the capital required in Israel and that required in developed countries, it is proposed that action...