... which a licensed individual insurance agent or a licensed insurance agency may be appointed under the new section 64I(1) of the IO and the related rules for counting the number of insurers. 2. The draft Rules, for the most part, reflect the existing requirements as set out in the Code of Practice for...

... recognition technology, a client may just “tell” an online portal or an app on a mobile phone the required information. And then, within tens of seconds, he gets what ought to the best insurance for him according to the pre-set algorithm. 9. On the one hand, with better risk analysis and by getting rid of...

... recognition technology, a client may just “tell” an online portal or an app on a mobile phone the required information. And then, within tens of seconds, he gets what ought to the best insurance for him according to the pre-set algorithm. 9. On the one hand, with better risk analysis and by getting rid of...

... recognition technology, a client may just “tell” an online portal or an app on a mobile phone the required information. And then, within tens of seconds, he gets what ought to the best insurance for him according to the pre-set algorithm. 9. On the one hand, with better risk analysis and by getting rid of...

... abbreviations used in this Guideline shall be interpreted by reference to the definitions set out in the Glossary part of this Guideline. Interpretation of other words or phrases should follow those set out in the AMLO and the IO. 1.3 This Guideline is issued by the Insurance Authority for giving guidance to...

... Kong Federation of Insurers. 3A n n u a l R e p o r t 2 0 1 9 - 2 0 Chairman’s message ProMoTinG coMPeTiTiveness hong kong is a mature market, boasting top insurance density and penetration rates. Consolidating it as a premier base for regional headquarters set up by major i n t e r n a t i o n a l g r...

... Kong Federation of Insurers. 3A n n u a l R e p o r t 2 0 1 9 - 2 0 Chairman’s message ProMoTinG coMPeTiTiveness hong kong is a mature market, boasting top insurance density and penetration rates. Consolidating it as a premier base for regional headquarters set up by major i n t e r n a t i o n a l g r...

... (“IA”) has the responsibility of ensuring that an authorized insurer is able to meet its liabilities or fulfil the reasonable expectations of policy holders. Adequacy of the reserves set aside by an authorized insurer for payment of future claims is an important factor affecting the insurer’s ability...