... client account, the insurance broker, instead of applying for a cheque book under its client account for direct settlement with insurers, transferred the monies from the client account to its own operating account in order to settle the premium payments with insurers by cheques. Such practice is...

... returns in the local and worldwide capital markets, and brought about the issuance of a series of profit warnings by these companies. A survey carried out by the Capital Markets Division in order to assess the contribution of income from investments to the profits of the insurance companies during the...

... more of these insurers, would be able to offer a choice of products in the same business line for a client’s consideration. This indicates that there may not be a need to increase the cap in order for insurance agents to be able to offer a sufficient range of general insurance products. 15. An analysis...

... more of these insurers, would be able to offer a choice of products in the same business line for a client’s consideration. This indicates that there may not be a need to increase the cap in order for insurance agents to be able to offer a sufficient range of general insurance products. 15. An analysis...

... misconduct by the individual concerned towards such a body or insurer or towards any members thereof; (j) has been adjudicated bankrupt by a court, or is currently subject to bankruptcy proceedings, in Hong Kong or elsewhere; (k) has failed to satisfy any judgment debt under an order of a court in Hong Kong...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... income from liquid assets) and his/her expenditure (including premiums for existing insurance policies) in order to illustrate how the disposable income is calculated? A4 The extent and granularity of the information to be collected by the authorized insurers and licensed insurance intermediaries may...