... Risks Consortium Orchestrates and facilitates State Owned Enterprises / Captives Anchor Re/insurers Re/insurance Brokers Mainland Re/insurers in HK Hong Kong authorized insurers Lloyd’s Class Capacity(US$M) Credit 530 Engineering 1190 K&R 185 Liability 100 Marine 125 Political Risk 675 Political...

... Risks Consortium Orchestrates and facilitates State Owned Enterprises / Captives Anchor Re/insurers Re/insurance Brokers Mainland Re/insurers in HK Hong Kong authorized insurers Lloyd’s Class Capacity(US$M) Credit 530 Engineering 1190 K&R 185 Liability 100 Marine 125 Political Risk 675 Political...

... premiums will decline by 3 0.1%, while total sum of related claims could eventually balloon to a mind- boggling US$100 billion. The insurance industry in Hong Kong is not immune, with latest statistics showing that premium growth for the first three quarters of 2020 had slowed down to 5.5%. New business...

... client of the number of the insurance broker’s “client account” and/or “own account” he must categorically advise his client of the type of funds, either premium or fee payments, which are to be credited to each of those bank accounts so that clients do not inadvertently deposit their monies into the...

... insurance broker advises a client of the number of the insurance broker’s “client account” and/or “own account” he must categorically advise his client of the type of funds, either premium or fee payments, which are to be credited to each of those bank accounts so that clients do not inadvertently deposit...

... of the initiative to the market ii) Size and type of insurance business, and targeted users iii) Technology involved iv) Expected outcome and success criteria of the trial B. Risk management controls C. Customer protection D. Resources and readiness of the insurer E. Exit strategy IA Insurtech...

... the appropriate box. Version: July 2020 1 Form A2 Please complete all items in BLOCK LETTERS. All amendments must be signed by Applicant. I. Basic Information on Principal Name in English Name in Chinese (if any) † Type of Principal ☐ Authorized Insurer (Please provide Company Registration No....

... of the initiative to the market ii) Size and type of insurance business, and targeted users iii) Technology involved iv) Expected outcome and success criteria of the trial B. Risk management controls C. Customer protection D. Resources and readiness of the insurer E. Exit strategy IA Insurtech...

... the appropriate box. Version: July 2020 1 Form A2 Please complete all items in BLOCK LETTERS. All amendments must be signed by Applicant. I. Basic Information on Principal Name in English Name in Chinese (if any) † Type of Principal ☐ Authorized Insurer (Please provide Company Registration No....