... 25 Long Term Insurance Business 44 Supervisory Developments for Insurance Intermediaries 59 Consumer Protection 63 Organisation and Management 73 Appendices 79 Calendar of Events 2016 106 This Annual Report covers the events occurred from 1 January 2016 to 31 December 2016. Currency and Exchange Rate...

... 25 Long Term Insurance Business 44 Supervisory Developments for Insurance Intermediaries 59 Consumer Protection 63 Organisation and Management 73 Appendices 79 Calendar of Events 2016 106 This Annual Report covers the events occurred from 1 January 2016 to 31 December 2016. Currency and Exchange Rate...

... 25 Long Term Insurance Business 44 Supervisory Developments for Insurance Intermediaries 59 Consumer Protection 63 Organisation and Management 73 Appendices 79 Calendar of Events 2016 106 This Annual Report covers the events occurred from 1 January 2016 to 31 December 2016. Currency and Exchange Rate...

... Insurance Intermediaries Quality Assurance Scheme Long Term Insurance Examination Study Notes 2017 Edition 1 Study Notes for Long Term Insurance Examination Update Renaming of The Insurance Claims Complaints Bureau The Insurance Claims Complaints Bureau (‘ICCB’) has been renamed The Insurance...

... OctoberOctober 20132013 1 DisclaimerDisclaimer • This part of presentation aims to raise the audience’s awareness of how to implement an effective AML/CFT system. It does not cover all the statutory requirements applicable to insurance institutions. Insurance institution should seek its own professional legal...

... OctoberOctober 20132013 1 DisclaimerDisclaimer • This part of presentation aims to raise the audience’s awareness of how to implement an effective AML/CFT system. It does not cover all the statutory requirements applicable to insurance institutions. Insurance institution should seek its own professional legal...

... OctoberOctober 20132013 1 DisclaimerDisclaimer • This part of presentation aims to raise the audience’s awareness of how to implement an effective AML/CFT system. It does not cover all the statutory requirements applicable to insurance institutions. Insurance institution should seek its own professional legal...

... CONTENTS Chapter Page 1. INTRODUCTION TO LIFE INSURANCE 1/1 1.1 Definition of Life Insurance 1/1 1.1.1 Needs for Life Insurance 1.2 Principles of Life Insurance 1/2 1.2.1 Insurable Interest 1.2.2 Duty of Disclosure 1.2.3 Other Insurance Principles 1.3 Calculation of Life Insurance Premium 1/10 1.3.1 Rating...

... Seventh Edition: August 2017  Insurance Authority 1999, 2001, 2005, 2007, 2011, 2016, 2017 Please note that no part of the Study Notes may be reproduced for the purposes of selling or making profit without the prior permission of the Insurance Authority. ii TABLE OF CONTENTS Chapter Page 1. INTRODUCTION...

... requirements for individual licensees are summarized as follows: Each “Assessment Period” begins on 1 August of a year and ends on 31 July of the following year. Starting from the 3rd Assessment Period (i.e. from 1 August 2021 onwards), the minimum number of CPD hours...