... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h protection and long-term savings...

... exclusions;  the premium of the insurance policy offered;  the client’s duty to disclose information and the consequences of not disclosing material facts;  the period of the insurance cover; and 7  the governing law of the insurance policy. (iii) To assist a potential policy holder in making an informed...

... insurance policy being purchased is (are) the same; and (c) in order to fund the purchase of the new life insurance policy, the customer is using, or intends to use, some or all of the total cash value of the existing life insurance policy or any savings made or to be made as a result of reducing the...

... insurance policy being purchased is (are) the same; and (c) in order to fund the purchase of the new life insurance policy, the customer is using, or intends to use, some or all of the total cash value of the existing life insurance policy or any savings made or to be made as a result of reducing the...

... actions for the specific stress scenario. Insurers should also assess and elaborate if the proposed management actions are objective, realistic, achievable, adequate and legal. Detailed elaborations on the management actions should be provided, such as the impact of each individual action, the order the...

... individual concerned towards such a body or insurer or towards any members thereof; (j) has been adjudicated bankrupt by a court, or is currently subject to bankruptcy proceedings, in Hong Kong or elsewhere; (k) has failed to satisfy any judgment debt under an order of a court in Hong Kong or elsewhere; or...

... 29 January 2016 and the latter becomes its wholly-owned subsidiary. Transfer of Insurance Business Under section 24 of the ICO, an insurer who seeks to transfer its long term insurance business to another insurer is required to apply to the court for an order sanctioning the scheme of transfer. An...

... 29 January 2016 and the latter becomes its wholly-owned subsidiary. Transfer of Insurance Business Under section 24 of the ICO, an insurer who seeks to transfer its long term insurance business to another insurer is required to apply to the court for an order sanctioning the scheme of transfer. An...