... expressed their concerns over the complexities involved. Some insurers have misinterpreted it as a substitute for regulatory capital requirements. With emphases on insurers’ own processes on risk quantification and risk management techniques, the revised draft Guideline replaced “internal economic capital...

... hub and global risk management centre by leveraging on the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the Belt and Road Initiative (BRI). She said, “My Government is in an advanced stage of discussion with the Mainland on the proposed establishment of after-sale service...

... on Medical Insurance Business The above GLs have already commenced on 23 September 2019 with the provision of a transitional period that runs until 22 September 2020, except GL 31 which was published on 29 November 2019 for commencement on 23 September 2020. Fully recognising that the COVID-19...

... on Medical Insurance Business The above GLs have already commenced on 23 September 2019 with the provision of a transitional period that runs until 22 September 2020, except GL 31 which was published on 29 November 2019 for commencement on 23 September 2020. Fully recognising that the COVID-19...

... unexplained changes in beneficiary Accept very unfavourable policy provisions Small policies based on regular payment change to a substantial policy with a lump sum payment ©Hong Kong Police Force香港警務處版權所有 Case StudyCase Study ©Hong Kong Police Force香港警務處版權所有 Case Study 1 Case Study 1 –– Fraud associated with...

... unexplained changes in beneficiary Accept very unfavourable policy provisions Small policies based on regular payment change to a substantial policy with a lump sum payment ©Hong Kong Police Force香港警務處版權所有 Case StudyCase Study ©Hong Kong Police Force香港警務處版權所有 Case Study 1 Case Study 1 –– Fraud associated with...

... unexplained changes in beneficiary Accept very unfavourable policy provisions Small policies based on regular payment change to a substantial policy with a lump sum payment ©Hong Kong Police Force香港警務處版權所有 Case StudyCase Study ©Hong Kong Police Force香港警務處版權所有 Case Study 1 Case Study 1 –– Fraud associated with...

... 22 October 2002 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, Non-cooperative Countries and Territories Further to my letters of 12 July...

... to submit an application through the IA's Insurtech Sandbox and must obtain the approval of the IA before officially launching the service on a pilot basis to protect the interests of policyholders. The relevant application must comply with the following requirements of the IA...