... look beyond the strict interpretation of policy terms in making a ruling. In addition, as far as good insurance practice is concerned, the Complaints Panel relies heavily on the expected standards set out in The Code of Conduct for Insurers, with particular reference to “Part III: Claims”. Please also...

...) and (ii) above cover, with “all risks” insurance on the insured vehicle. Obviously, the premium for comprehensive cover is the highest. (b) “Act” insurance There is another possible form of cover, known as Act (or Act Only) cover. The name derives from the original U.K. Road Traffic Act 1930, which...

... 2015 (Cap. 537 sub. leg. BP) (“the Yemen Regulation”). The list has been published in the Gazette (G.N. 3173) on 19 May 2017 and is available on the Government’s website http://www.gld.gov.hk/egazette/. We would like to draw your attention to section 5B of the Yemen Regulation which stipulates that...

... plan. 4.3. To enable us to carry out the “fit and proper” test on the applicant’s directors and controllers as mentioned in paragraphs 2.9 and 2.10 above, the applicant is required to provide us with their particulars in the prescribed Form A/Form B of Schedule 2 to the Ordinance. 7 4.4. An...

... plan. 4.3. To enable us to carry out the “fit and proper” test on the applicant’s directors and controllers as mentioned in paragraphs 2.9 and 2.10 above, the applicant is required to provide us with their particulars in the prescribed Form A/Form B of Schedule 2 to the Ordinance. 7 4.4. An...

... plan. 4.3. To enable us to carry out the “fit and proper” test on the applicant’s directors and controllers as mentioned in paragraphs 2.9 and 2.10 above, the applicant is required to provide us with their particulars in the prescribed Form A/Form B of Schedule 2 to the Ordinance. 7 4.4. An...

... priorities to further promote and consolidate Hong Kong’s role as a leading sustainable finance hub. These priorities are: Establish world-class regulation through alignment with global standards. We aim at developing a comprehensive Hong Kong roadmap on adopting the International...

... capital adequacy positions, etc. 3. Breadth and Depth in Risk Identification and Risk Assessment 3.1 Insurers commonly conducted quantitative risk assessment using Pillar 1 risk modules only. Some insurers provided detailed analysis on defined risks, for example, linked with product features, thus giving...

... (HKCAAVQ) Licence Granted by Financial Regulator Supplemental Form on the licence “Yes” for any question on Character, Financial Status, Disciplinary Action & Investigation (Section VI) Relevant information on a separate sheet together with the relevant supporting documents. Supplemental Form on Criminal...

... Actuary profession is held in high esteem and a magnet for bright minds. We know it too well because it has been a statutory requirement since 2001 for insurers carrying on long term business in Hong Kong to appoint a qualified actuary, whose main duty is to ensure compliance with codes, rules and...