... requirements. The purpose of the Memorandum is to facilitate the Authorities maintain efficient, fair, safe and stable insurance markets in the Hong Kong Special Administrative Region and Thailand for the benefit and protection of existing and potential policyholders, by providing a framework for co-operation...

... 50 4. Supervisory Developments for Insurance Intermediaries 67 5. Consumer Protection 72 6. Organisation and Management 83 Appendices 88 Calendar of Events 2013 114 This Annual Report covers the events occurred from 1 January 2013 to 31 December 2013. Currency and Exchange Rate All dollars expressed...

... 50 4. Supervisory Developments for Insurance Intermediaries 67 5. Consumer Protection 72 6. Organisation and Management 83 Appendices 88 Calendar of Events 2013 114 This Annual Report covers the events occurred from 1 January 2013 to 31 December 2013. Currency and Exchange Rate All dollars expressed...

... 50 4. Supervisory Developments for Insurance Intermediaries 67 5. Consumer Protection 72 6. Organisation and Management 83 Appendices 88 Calendar of Events 2013 114 This Annual Report covers the events occurred from 1 January 2013 to 31 December 2013. Currency and Exchange Rate All dollars expressed...

... asked to replace your existing policy? Is it solely for your own benefits? (b) Will the protection be continuous without interruption? A new policy usually has a waiting period before its full benefits apply (e.g. suicide is covered normally after a waiting period of one year from the issue date of the...

... global premium income would be written in the region. Notwithstanding the high growth rate, many Asian economies including Hong Kong still have huge insurance protection gaps. The Hong Kong Government has recently introduced new initiatives such as tax concessions for premiums paid for medical insurance...

... welcoming you in our new office before the Chinese New Year. In 2018 and beyond, ahead of us will be a number of major tasks and challenges, including among others, promoting Insurtech, developing the Risk- based Capital Regime for insurers and the Policy Holders’ Protection Scheme, and most important of...

... global premium income would be written in the region. Notwithstanding the high growth rate, many Asian economies including Hong Kong still have huge insurance protection gaps. The Hong Kong Government has recently introduced new initiatives such as tax concessions for premiums paid for medical insurance...

... meeting hidden demands. Improved financial inclusiveness and narrowed protection gap will in turn render our economy more resilient to external shocks and the insurance market more sustainable. 4 Performing a dual role as prudential regulator and promoter of sustainable development of the insurance...

... welcoming you in our new office before the Chinese New Year. In 2018 and beyond, ahead of us will be a number of major tasks and challenges, including among others, promoting Insurtech, developing the Risk- based Capital Regime for insurers and the Policy Holders’ Protection Scheme, and most important of...