... effectiveness in administering and enforcing the insurance laws of their respective jurisdictions, have reached the following understanding: Definitions 2. For the purposes of this Memorandum of Understanding, the terms set out below have the assigned meanings unless the context requires otherwise: Authority...

... effectiveness in administering and enforcing the insurance laws of their respective jurisdictions, have reached the following understanding: Definitions 2. For the purposes of this Memorandum of Understanding, the terms set out below have the assigned meanings unless the context requires otherwise: Authority...

... effectiveness in administering and enforcing the insurance laws of their respective jurisdictions, have reached the following understanding: Definitions 2. For the purposes of this Memorandum of Understanding, the terms set out below have the assigned meanings unless the context requires otherwise: Authority...

... effectiveness in administering and enforcing the insurance laws of their respective jurisdictions, have reached the following understanding: Definitions 2. For the purposes of this Memorandum of Understanding, the terms set out below have the assigned meanings unless the context requires otherwise: Authority...

... Industry Advisory Committees The Insurance Authority ("IA") is required by law to set up two industry advisory committees (“IACs”) to advise it on matters in relation to long term business and general business respectively. Members...

... (Valuation and Capital) Rules set out the detailed capital adequacy requirements and prescribe the valuation of assets and liabilities of insurers under the RBC regime, whereas the draft Insurance (Submission of Statements, Reports and Information) Rules stipulate the types of returns, as well as frequency...

... customers have taken up the top-up option. Q2 Referring to paragraph 4.2 of the Guideline, please clarify if there is any minimum requirement to classify a product as having refundable feature. For example, does a product refunding 30% (or even smaller) of total premium paid fall into the scope? 2 A2...

... customers have taken up the top-up option. Q2 Referring to paragraph 4.2 of the Guideline, please clarify if there is any minimum requirement to classify a product as having refundable feature. For example, does a product refunding 30% (or even smaller) of total premium paid fall into the scope? 2 A2...

... 19 19 Total 155 155 158 Number of Authorised Insurance Brokers* 604 632 657 Number of Chief Executives and Technical Representatives of Authorised Insurance Brokers 8,798 9,198 9,736 Number of Appointed Insurance Agents 40,027 43,760 48,559 Number of Responsible Officers and Technical Representatives...