... the above. ..... [Answer may be found in 1.2.1] Type "B" Questions 3 Which two of the following statements are true? (i) A benefit policy is the same as an indemnity policy. (ii) Most life policies are subject to indemnity, but some are not. (iii) Life insurance contracts are not normally subject to...

... intermediaries”) are required to comply with the requirements of the Continuing Professional Development ("CPD") Programme under the Insurance Intermediaries Quality Assurance Scheme (“IIQAS”). 2. The objective of implementing the CPD Programme is to ensure insurance intermediaries continue to possess...

... found in 1.1.1] 2 A risk which offers the prospect of loss only, with no chance of gain, may be described as a: (a) pure risk; ..... (b) particular risk; ..... (c) speculative risk; ..... (d) fundamental risk. ..... [Answer may be found in 1.1.2a] Type ‘B’ Questions 3 Which of the following statements...

... 91,519 36,877 31,268 17,070 7,380 2,914 573 150 1,437 (7) 8 196,947 274,145 188,797 106,725 70,053 30,855 12,388 3,954 1,646 227 74 65 1,131 9 243,085 255,895 226,246 138,632 68,080 40,775 17,225 14,507 4,374 1,968 1,982 1,288 71 10 12,937 10,315 4,702 8,066 2,702 1,472 584 882 156 97 328 41 2,736 4...

... GL17 GUIDELINE ON REINSURANCE Insurance Authority Contents Page 1. Introduction ……………………………………………… 1 2. Interpretation …………………………………………….. 1 3. Scope of Application ………………………………..….... 2 4. Reinsurance Management Framework ……………..….... 3 5. Adequacy of Reinsurance Arrangements …………..….... 6 6....

... Recommendation for Long Term Insurance Business (Including Linked Long Term Insurance). To avoid any doubt or confusion, this Guidance Note is NOT applicable to General Insurance Business or indemnity-type medical insurance wrapped under long term insurance policy. Background On 30 July 2014, the Office of the...