... healthcare system as a whole. The public healthcare system in Hong Kong offers relatively affordable medical services, but its services are always over-utilised. This often means long waiting times for non-urgent medical treatments, and inconvenience to patients. Medical insurance is a risk...

... Chatting about Chatbots and AI May 2023 Chatbots powered by language models that generate real-time, human-quality answers and content are the latest breakthrough in artificial intelligence (“AI”). Want to compose an e-mail, a speech or...

...’) has been renamed The Insurance Complaints Bureau (‘ICB’) with effect from 16 January 2018. This Update serves to set out the textual updates to the Study Notes for the Principles and Practice of Insurance Examination (2017 Edition) to reflect the aforesaid change. 1. Sections 6.1.4, 6.1.4a and 6.1.4b...

... of misconduct, or when a person is or was, in the opinion of the IA, not fit and proper to hold the position of a director or controller of the insurer. 1.2 Pursuant to section 41P of the Ordinance, the IA may exercise, amongst other powers, the power to order under section 41P(2)(e) for payment of...

... Examination. The Examination will be based upon these Notes. A few representative examination questions are included at the end of each Chapter to provide you with further guidance. It should be noted, however, that these Study Notes will not make you a fully qualified underwriter or other insurance...

... annually. They also need to pay attention to the benefit limit for each covered item. Insurers classify the covered items into categories, such as valuables, wine, frozen food and outdoor property, and then determine the benefit limit for each category. Also, instead of a cash settlement, insurers...

... encouraging the adoption of proper standards of conduct by authorized insurers and licensed insurance intermediaries2. In this regard, the IA is empowered under the IO to take certain disciplinary actions against licensed insurance intermediaries and certain persons (such as a responsible officer (“RO”) of a...

... Annex A – Final Form of Code of Conduct for Licensed Insurance Agents Annex B – Final Form of Code of Conduct for Licensed Insurance Agents with Track Changes Annex C – List of Respondents Consultation Conclusions on the Draft Code of Conduct for Licensed Insurance Agents 2 Introduction 1. On 28 March...

... Annex A – Final Form of Code of Conduct for Licensed Insurance Agents Annex B – Final Form of Code of Conduct for Licensed Insurance Agents with Track Changes Annex C – List of Respondents Consultation Conclusions on the Draft Code of Conduct for Licensed Insurance Agents 2 Introduction 1. On 28 March...

... Microsoft Word - Mv11413-attachment ‐ 1 ‐  Guidance Note on Gifts, Promotions and Incentives for Class A and Class C Products    1.   Introduction    1.1.   In  September  2009,  the  Securities  and  Futures  Commission  ("SFC")  launched  a  consultation process on its package of proposals to...