... platform has 39 members, including insurers, reinsurers, captive insurers and insurance brokers. For details please refer to the BRIEF website. In the same month, the IA authorized the first captive insurer after it started regulating the industry in June 2017, bringing the total number of captive insurers...

... Ref: MC/INT 1 August 2017 To: Chief Executives of All Authorized Insurers Carrying on Direct Business other than Captive Insurers Dear Sir/Madam, Fitness and Properness of Appointed Insurance Agents In the first half of 2017, the Insurance Agents Registration Board (IARB) substantiated a total of...

... per year, irrespective of the number of policies that cover the insured person. However, there is no cap on the number of specified relatives who are eligible for tax deductions. For instance, if the taxpayer purchases a total of four policies for four insured persons (e.g. the taxpayer himself and...

... its capital needs. An insurer is generally expected to develop an internal economic capital measure or model6 based on its own specific circumstances that may cover more widely than the regulatory capital requirements. 6.2.4 Where an insurer prepares internal economic capital measurements, its target...

... Total Class of Business 意外及健康 Accident & Health 汽車 - 損壞及法律責任 Motor Vehicle, Damage & Liability 飛機 - 損壞及法律責任 Aircraft, Damage & Liability 船舶 - 損壞及法律責任 Ships, Damage & Liability 貨運 Goods in Transit 財產損壞 Property Damage 一般法律責任 General Liability 金錢損失 Pecuniary Loss 非比例協約再保險 Non-proportional Treaty...

... 2018 直接及分入再保險業務 Direct & Reinsurance Inward Business 總額 Total Class of Business 意外及健康 Accident & Health 汽車 - 損壞及法律責任 Motor Vehicle, Damage & Liability 飛機 - 損壞及法律責任 Aircraft, Damage & Liability 船舶 - 損壞及法律責任 Ships, Damage & Liability 貨運 Goods in Transit 財產損壞 Property Damage 一般法律責任 General Liability 金錢損失...

... frequency of suitability mismatch, or having high rate of unsuccessful post sale confirmation calls etc. Q 6. Intermediaries are required to take into account the customers’ total protection needs, total disposable assets, financial outgoings and liabilities etc before making recommendation. How detailed...

... All Chapters should be studied carefully, but the following table indicates areas of particular importance: Chapter Relative Weight 1 46% 2 34% 3 10% 4 10% Total 100% 1/1 1 INSURANCE PRODUCTS In this Chapter, we shall look at the major classes of business in General Insurance. Whilst it will not be...

... 46% 2 34% 3 10% 4 10% Total 100% 1 INSURANCE PRODUCTS In this Chapter, we shall look at the major classes of business in General Insurance. Whilst it will not be necessary for you to have a very detailed understanding of each and every class of business in a wide range of subjects, it is good for the...

... All Chapters should be studied carefully, but the following table indicates areas of particular importance: Chapter Relative Weight 1 46% 2 34% 3 10% 4 10% Total 100% 1/1 1 INSURANCE PRODUCTS In this Chapter, we shall look at the major classes of business in General Insurance. Whilst it will not be...