... the insured’s permission, or anyone designated on the policy schedule as an “Insured Driver”, (2) who is duly licensed. Here “licensed” means that the driver must be holding, or must have held and not be disqualified from holding, a valid driving licence for the type of vehicle concerned. (The latter...

... 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. INSURANCE PRODUCTS 1/1 1.1 Motor Insurance 1/3 1.1.1 Private Vehicle 1.1.2 Motor Cycle 1.1.3 Commercial Vehicle 1.2 Health Insurance 1/17...

... in 1.1.2a] Type ‘B’ Questions 3 Which of the following statements concerning risk are true? (i) All risks are commercially insurable. (ii) Not all risks are commercially insurable. (iii) The only remedy for any kind of risk is insurance. (iv) Insurers may mean a number of things when talking about...

... 30 September 2020 Our Ref: INS/TEC/10/48 By Email To: Chief Executives of all authorized insurers Dear Sirs, iAM Smart Pilot Sandbox Programme - Phase 2 Further to our previous circular in August regarding the iAM Smart Pilot Sandbox Programme (the “Pilot Sandbox”) by Cyberport, we would like to...

... 30 September 2020 Our Ref: INS/TEC/10/48 By Email To: Chief Executives of all authorized insurers Dear Sirs, iAM Smart Pilot Sandbox Programme - Phase 2 Further to our previous circular in August regarding the iAM Smart Pilot Sandbox Programme (the “Pilot Sandbox”) by Cyberport, we would like to...

... as UCITS [Undertakings for Collective Investments in Transferable Securities]), or through third party investment managers: (a) Bonds and other fixed income instruments; (b) Equities and equity type investments; (c) Debts, deposits and other rights; (d) Property. 2.3. The holding of a given asset...

...) speculative risk; ..... (d) fundamental risk. ..... [Answer may be found in 1.1.2a] Type ‘B’ Questions 3 Which of the following statements concerning risk are true? (i) All risks are commercially insurable. (ii) Not all risks are commercially insurable. (iii) The only remedy for any kind of risk is insurance....

... : ...................................................................................................................................................... ...................................................................................................................................................... (Classes as set out in Part 3 of Schedule 1. Specify if the classes applied for authorization are in respect of reinsurance business only). 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of...

... : ...................................................................................................................................................... ...................................................................................................................................................... (Classes as set out in Part 3 of Schedule 1. Specify if the classes applied for authorization are in respect of reinsurance business only). 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of...

... : ...................................................................................................................................................... ...................................................................................................................................................... (Classes as set out in Part 3 of Schedule 1. Specify if the classes applied for authorization are in respect of reinsurance business only). 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of...