...%). During the same period, new office premiums (excluding Retirement Scheme business) of long term business were $134.9 billion (decreased by 19.1%), made up of $119.5 billion from Individual Life and Annuity (Non-Linked) business (decreased by 11.9%) and $14.9 billion from Linked business (decreased by...

... underpinned with the acceptance and admission of the wrongdoing. The cases on false academic certificates which the IA continues to handle emanate from the period before the IA took over the regulation of licensed insurance intermediaries on 23 September 2019. These cases have to be handled in...

... monitoring reports with respect to virtual onboarding customers, Good Practice Company monitors regularly transaction patterns for them. Examples of transaction monitoring reports: Cross-border payments for offshore customers Early surrender / cooling-off cases Premiums refunds volume Withdrawals frequency...

... monitoring reports with respect to virtual onboarding customers, Good Practice Company monitors regularly transaction patterns for them. Examples of transaction monitoring reports: Cross-border payments for offshore customers Early surrender / cooling-off cases Premiums refunds volume Withdrawals frequency...

... risk profile, solvency and perhaps liquidity positions (current and forward-looking) and linkage with business strategy and material actions taken over the period. It should not be too lengthy and should provide focused information for readers. However, it was observed that some insurers provided only...

... conference theme, meticulous planning, complex logistical arrangements and sourcing of technical support are just some of the painstaking work that has gone into the preparations for this event. Nobody will dare challenge the statement that we are facing an unprecedented period of uncertainties and...

..., meticulous planning, complex logistical arrangements and sourcing of technical support are just some of the painstaking work that has gone into the preparations for this event. Nobody will dare challenge the statement that we are facing an unprecedented period of uncertainties and disruptions. This evasive...

..., meticulous planning, complex logistical arrangements and sourcing of technical support are just some of the painstaking work that has gone into the preparations for this event. Nobody will dare challenge the statement that we are facing an unprecedented period of uncertainties and disruptions. This evasive...

... the two letters and forging the client’s signature within a period of 1 month; The agent’s conduct was intentional and deliberate; The agent’s health condition; The fact that the client did not sustain any financial loss; The fact that...

... representative (agent) during the period in which he was serving in that capacity. Disciplinary action at an appropriate level is therefore merited. In deciding the disciplinary sanction to be imposed under Section 84 of the Insurance Ordinance, the IA weighed all relevant circumstances in balance, including...