... Insurance Intermediaries Quality Assurance Scheme - Principles and Practice of Insurance Examination (2013 Edition) Insurance Intermediaries Quality Assurance Scheme Principles and Practice of Insurance Examination Study Notes 2013 Edition i PREFACE These Study Notes have been prepared to correspon...

... culture. 1.3 ERM for solvency purposes is the coordination of risk management, strategic planning, capital adequacy, and financial efficiency in order to enhance sound operation of the authorized insurer and ensure the adequate protection of policy holders. An authorized insurer embeds an integrated set of...

... such person was a director or involved in the management of a corporation in Hong Kong or elsewhere which has been wound up other than by a members' voluntary winding up or equivalent in any other jurisdiction; 4.2.5 such person has any unsatisfied judgement or court order requiring the payment of...

... contributed to the injury, his share of liability to the girlfriend so arising – independently of the indemnity agreement - does not constitute “contractual liability”.) (iv) Driving by someone other than an “Insured Driver”, which means: (1) The insured, anyone who is driving on the insured’s order or with...

... by someone other than an “Insured Driver”, which means: (1) The insured, anyone who is driving on the insured’s order or with the insured’s permission, or anyone designated on the policy schedule as an “Insured Driver”, (2) who is duly licensed. Here “licensed” means that the driver must be holding...

... contributed to the injury, his share of liability to the girlfriend so arising – independently of the indemnity agreement - does not constitute “contractual liability”.) (iv) Driving by someone other than an “Insured Driver”, which means: (1) The insured, anyone who is driving on the insured’s order or with...

... information about the currently available Qualified CPD Activities? A9: There are 8 types of Qualified CPD Activities which an individual licensee can participate in order to earn CPD hours. The 8 types of Qualified CPD Activities are set out in Annex 1 to GL24. For details of the available Type 1 Qualified...

... calendar day period. However, if the last day of the 21 6 calendar day period is not a working day, the period shall include the next working day. 5.5 In order for the Cooling-off Period to commence within an appropriate time- frame of the date of issue of the life insurance policy: (a) where the life...

... of Qualified CPD Activities which an individual licensee can participate in order to earn CPD hours. The 8 types of Qualified CPD Activities are set out in Annex 1 to GL24. For details of the available Type 1 Qualified CPD Activities, please refer to the List of Currently Approved Type 1 Qualified...

... information about the currently available Qualified CPD Activities? A9: There are 8 types of Qualified CPD Activities which an individual licensee can participate in order to earn CPD hours. The 8 types of Qualified CPD Activities are set out in Annex 1 to GL24. For details of the available Type 1 Qualified...