... appointment or two appointments for the purposes of the cap (which depends on whether the scope of the agent’s appointment is limited to one line of business or extended to both general business and long term business). The existing framework is currently set out in paragraphs 21-22 of the Code of Practice...

... 2.1 2020 826.4 117.3 186.1 2.3 405.3 115.4 14.0 財產損壞 2016 4,268.2 1,048.7 932.0 (2.0) 1,389.9 899.6 21.1 Property 2017 4,323.1 1,121.2 1,058.1 16.7 3,347.6 (1,220.5) (28.2) Damage 2018 4,210.8 1,007.2 1,034.9 4.0 1,966.1 198.6 4.7 2019 4,640.8 1,011.3 1,066.4 18.2 1,722.0 822.9 17.7 2020 5,274.8 1...

... outsourcing. Q7 In selling an insurance policy, if the insurance agent is authorized to issue the policy on behalf of the authorized insurer, would such activity be regarded as outsourcing? A7 Such activity is a type of ancillary services relating to the sale of insurance policies by an insurance agent and is...

... appointed technical representatives (“TRs”). It is also noteworthy that over 80% of insurance agencies surveyed engage solely in general business. 2. In terms of the type of products being offered by the insurance agencies, motor vehicle insurance was the most popular product, which was offered by 82% of...

... appointed technical representatives (“TRs”). It is also noteworthy that over 80% of insurance agencies surveyed engage solely in general business. 2. In terms of the type of products being offered by the insurance agencies, motor vehicle insurance was the most popular product, which was offered by 82% of...

... and type of mitigation to be applied; (c) obtained the approval of senior management on the assessment results; (d) a process by which the risk assessment is kept up-to-date; and (e) appropriate mechanisms to provide your risk assessment to the Insurance Authority when required to do so. Should you...

... product risks, key exclusions, 21- day cooling-off period etc. 8.4 The proper sales process flow is set out in the flowchart at the Annex. It involves completion of the FNA (if applicable), confirmation of needs, comparison of different insurance options (where FNA has been performed), and explanation of...

... Claims Statistics [PDF] [EXCEL] Individual Insurers' Statistics G19 Underwriting Results [PDF] [EXCEL] G20 Gross and Net Premiums [PDF] [EXCEL] G21 Gross and Net Claims Paid [PDF] [EXCEL] G22 Technical Reserves [PDF] [EXCEL...

.../21 legislative session. Since the key parameters including the target fund sizes and levy rate under the proposal are based on actuarial study completed in 2012, a consultancy study has been commissioned to give an updated assessment before finalising the bill. To facilitate this assessment, input...

.../21 legislative session. Since the key parameters including the target fund sizes and levy rate under the proposal are based on actuarial study completed in 2012, a consultancy study has been commissioned to give an updated assessment before finalising the bill. To facilitate this assessment, input...