... contemporary international practices. The desired outcome is a set of capital requirements that are responsive to market volatility, sensitive to the risk profile of individual insurers, but yet provide incentives for self-assessment and transparency. Drawing from the experience of other jurisdictions, we are...

... contemporary international practices. The desired outcome is a set of capital requirements that are responsive to market volatility, sensitive to the risk profile of individual insurers, but yet provide incentives for self-assessment and transparency. Drawing from the experience of other jurisdictions, we are...

... investigation found that in June 2018, Mr Chan had received a signed direct debit authorization (DDA) form from a client based overseas requiring a direct debit to be set up to settle premium payments under an insurance policy. Mr Chan found that client signature on one of the signature pages of the DDA form...

... contemporary international practices. The desired outcome is a set of capital requirements that are responsive to market volatility, sensitive to the risk profile of individual insurers, but yet provide incentives for self-assessment and transparency. Drawing from the experience of other jurisdictions, we are...

... requirements set out in Paragraphs 2.1(d)(ii)(B) of GL31 in relation to a medical insurance policy it arranges (even if the medical insurance policy is a long-term policy per Paragraph 2.1(f)(ii) of the definition of “medical insurance business” in GL31), a discount given by the licensed broker company (i.e....

... requirements set out in Paragraphs 2.1(d)(ii)(B) of GL31 in relation to a medical insurance policy it arranges (even if the medical insurance policy is a long-term policy per Paragraph 2.1(f)(ii) of the definition of “medical insurance business” in GL31), a discount given by the licensed broker company (i.e....

... to see real-time illustrations right off my IFA’s iPad… No more brochures or random tables!” Tik Lee The Intermediary “The Coherent FORMS solution has cut our application processing time from 45 mins to 45 SECONDS!” HNW HK Broker The Insurer “The Coherent solution set is helping create more...

... Supervision……………………………………………………... 11 6. Commencement………………………………………………… 13 1 1. Preamble 1.1. The nature of the insurance business implies the formation of technical provisions, and investment in and the holding of assets to cover these technical provisions and a solvency margin. In order to ensure that an...

... is for the purpose of actual or contemplated enforcement action, the matters set out Appendix 1; and (f) any other matters specified by the requested Authority and by the applicable laws, regulations and requirements in relation to the requested Authority. Contact Points 9. The Authorities will...

... is for the purpose of actual or contemplated enforcement action, the matters set out Appendix 1; and (f) any other matters specified by the requested Authority and by the applicable laws, regulations and requirements in relation to the requested Authority. Contact Points 9. The Authorities will...