... Code of Practice for the Administration of Insurance Agents 《保險代理管理守則》 Other Codes/Guidelines 其他守則/指引 1. Effecting policy without authority 未經授權為客戶投購保險 5 years 五年 (6th) 71/75 & 49(d) (7th) 74/78 & 58(g) 2. Mishandling of clients’ premium or monies 不當處理客戶保費或款項 5 years 五年 (6th) 71/75 & 49(d) Guidance...

... the Legislative Council (“LegCo”) in July 2020 to provide for a bespoke regulatory framework for the issuance of ILS in Hong Kong through the formulation of special purpose insurers (“SPIs”), which will be a new type of authorized insurer under the Insurance Ordinance (Cap. 41) (“the Ordinance”). 2...

... or encouraged other regulated persons or other persons to engage in the conduct or the same type of conduct; and − the individual’s experience in the industry and, if the individual is a person referred to in paragraph 2.1(c) above, the individual’s position within the firm. 4 (b) The behavior of the...

... or encouraged other regulated persons or other persons to engage in the conduct or the same type of conduct; and − the individual’s experience in the industry and, if the individual is a person referred to in paragraph 2.1(c) above, the individual’s position within the firm. 4 (b) The behavior of the...

...) speculative risk; ..... (d) fundamental risk. ..... [Answer may be found in 1.1.2a] Type ‘B’ Questions 3 Which of the following statements concerning risk are true? (i) All risks are commercially insurable. (ii) Not all risks are commercially insurable. (iii) The only remedy for any kind of risk is insurance....

...) speculative risk; ..... (d) fundamental risk. ..... [Answer may be found in 1.1.2a] Type ‘B’ Questions 3 Which of the following statements concerning risk are true? (i) All risks are commercially insurable. (ii) Not all risks are commercially insurable. (iii) The only remedy for any kind of risk is insurance....

... this Guidance Note on Annual Certification for Adequate Professional Indemnity Insurance. Background CIB Membership Regulation 5.2 requires our Members to maintain Professional Indemnity Insurance (“PII”) with a minimum limit of indemnity determined with reference to their insurance brokerage income...

... an Assessment Period, the total CPD hours required (and the compulsory hours on “Ethics or Regulations”) are calculated on a pro-rata basis depending on the month in which the relevant licence is granted by the IA. Please see Annex 2 of GL24: Guideline on Continuing Professional Development for...

... assessment of risks supported by qualitative and quantitative analysis • Information obtained from internal and external sources Consider relevant risk factors 2 • For determining the overall risk level and appropriate level and type of mitigation to be applied Obtain senior management’s approval 3 • e.g....

... assessment of risks supported by qualitative and quantitative analysis • Information obtained from internal and external sources Consider relevant risk factors 2 • For determining the overall risk level and appropriate level and type of mitigation to be applied Obtain senior management’s approval 3 • e.g....