... policies state that an insured property will continue be covered in the event of unoccupancy for a period of time only if the policyholder informs the insurer and obtains prior consent. It is assumed that the extent of loss or damage in the event of an accident will be minimised if a home is occupied....

... market facilitator, the IA will strive to pursue new opportunities for, and facilitate the sustainable development of, the insurance industry in Hong Kong,” Dr Cheng added. A live webcast of the AIF will be available online on the event day. Please visit the AIF website to learn...

... (for example mono-line insurers, insurers with high growth, insurers exposed to failure of certain reinsurers under a loss event, insurers with high concentration of assets from a particular counterparty or a specific asset), IA may request such insurers to test scenarios in addition to the Prescribed...

... under a loss event, insurers with high concentration of assets from a particular counterparty or a specific asset), IA may request such insurers to test scenarios in addition to the Prescribed Scenarios. In such cases, the case officer at IA will communicate with the general business insurer to identify...

... under a loss event, insurers with high concentration of assets from a particular counterparty or a specific asset), IA may request such insurers to test scenarios in addition to the Prescribed Scenarios. In such cases, the case officer at IA will communicate with the general business insurer to identify...

... stability and enhance consumer protection. One of them is the development of a Risk-based Capital Regime to align insurers’ capital requirements with the risks they bear. Another is the introduction of a Policy Holders’ Protection Scheme to provide a safety net for policy holders in the event of...

... value at the time of death. Who should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h...

...: 1The Asian Financial Forum (AFF), an annual event co-organised by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council, brings together some of the most influential leaders of the global financial and business community to discuss developments and trends in...

... confirmation slip for registration at the venue on the event date. Should you have any enquiries on the above, please feel free to contact Mr Penny Chiu at 3899 9756 or via [email protected]. Yours faithfully, Dickson Chui Senior Manager Market Conduct Division Insurance Authority Encls. c.c. Chairman, The Hong...

... requirement for the exposure of non-life insurance business to damages as a result of a single catastrophic event. Insurance companies are exposed to catastrophe risks3, and in Israel the primary catastrophe risk for general insurance business is the risk of earthquake. The Israeli insurance companies are not...