... carries on insurance business and the classes of business carried on in each country. If the classes of business do not correspond with the classification set out in Schedule 1, the equivalent or nearest Hong Kong classification must be given. country classes of insurance business 16. Whether any...

... preliminary meetings with the Insurance Authority before submitting the formal application. (b) The company should not commence to carry on any insurance business in or from Hong Kong, or make any press announcement, until its application has been approved. Any failure to observe this requirement will...

... carries on insurance business and the classes of business carried on in each country. If the classes of business do not correspond with the classification set out in Schedule 1, the equivalent or nearest Hong Kong classification must be given. country classes of insurance business 16. Whether any...

... preliminary meetings with the Insurance Authority before submitting the formal application. (b) The company should not commence to carry on any insurance business in or from Hong Kong, or make any press announcement, until its application has been approved. Any failure to observe this requirement will...

... on the organisation. It uses tools like: insurance, risk transfer other than insurance, self-insurance, etc. (Whilst insurance is closely connected with risk management, it is only one of the tools of risk management.) To illustrate (i) - (iii) above, suppose a supermarket finds that it is losing...

... unwillingness to comply with any requirements in relation to the carrying on of regulated activities; (b) has been found by a court or other competent authority in Hong Kong or elsewhere for fraud, dishonesty or misfeasance; (c) has been disqualified by a court in Hong Kong or elsewhere from being a director of...

... unwillingness to comply with any requirements in relation to the carrying on of regulated activities; (b) has been found by a court or other competent authority in Hong Kong or elsewhere for fraud, dishonesty or misfeasance; (c) has been disqualified by a court in Hong Kong or elsewhere from being a director of...

... unwillingness to comply with any requirements in relation to the carrying on of regulated activities; (b) has been found by a court or other competent authority in Hong Kong or elsewhere for fraud, dishonesty or misfeasance; (c) has been disqualified by a court in Hong Kong or elsewhere from being a director of...

... unwillingness to comply with any requirements in relation to the carrying on of regulated activities; (b) has been found by a court or other competent authority in Hong Kong or elsewhere for fraud, dishonesty or misfeasance; (c) has been disqualified by a court in Hong Kong or elsewhere from being a director of...

... specified in the Insurance Companies Ordinance (Cap.41) (“ICO”). The examination focuses on key risks that have material impact on the financial strength and sustainability of an insurer, with due emphasis placed on adequacy of paid-up capital, asset quality, reserving position and reinsurance arrangements....