... GL17 GUIDELINE ON REINSURANCE Insurance Authority Contents Page 1. Introduction ……………………………………………… 1 2. Interpretation …………………………………………….. 1 3. Scope of Application ………………………………..….... 2 4. Reinsurance Management Framework ……………..….... 3 5. Adequacy of Reinsurance Arrangements …………..….... 6 6....

... Dividends 5.2.8 Guideline on Underwriting Long Term Insurance Business (Other Than Class C Business) (GL16) 5.2.9 Initiative on Financial Needs Analysis 5.2.10 Important Facts Statement for Mainland Policyholder 5.2.11 Relevant Guidelines by Approved Bodies of Insurance Brokers v 5.3 Underwriting 5/36 5.3.1...

... Recommendation for Long Term Insurance Business (Including Linked Long Term Insurance). To avoid any doubt or confusion, this Guidance Note is NOT applicable to General Insurance Business or indemnity-type medical insurance wrapped under long term insurance policy. Background On 30 July 2014, the Office of the...

... represents a legitimate insurable interest for life insurance? (a) insurance of oneself; ..... (b) insurance of one's spouse; ..... (c) insurance of one's 10-year-old child; ..... (d) all the above. ..... [Answer may be found in 1.2.1] Type "B" Questions 3 Which two of the following statements are true? (i...

... found in 1.1.1] 2 A risk which offers the prospect of loss only, with no chance of gain, may be described as a: (a) pure risk; ..... (b) particular risk; ..... (c) speculative risk; ..... (d) fundamental risk. ..... [Answer may be found in 1.1.2a] Type ‘B’ Questions 3 Which of the following statements...

... dealing with referral business, CIB is concerned with the following: 1. Whether the Referrers have held themselves out as Members’ representative in or from Hong Kong but when in fact they are not, 2. Whether the Members have, by their own conduct: 2.1 Permitted such persons to act as their Technical...