... underwritten. Through such arrangements, the exposures of the insurer’s business portfolio to huge losses owing to individual large risks and accumulations of losses could be reduced. The insurer should clearly understand its underwritten risks in order to look for suitable reinsurance products and determine...

... terms or returns on investment, dividend or bonus shown on benefit illustrations, etc. Claims – refers to complaints in relation to insurance claims. The IA cannot adjudicate insurance claims or order payment of compensation. It can, however, handle complaints related to the process by which claims are...

... necessary in order to assess the potential impact on the insurer’s risk profile. For overseas material outsourcing, the IA may also communicate with the home or host regulator of the insurer and the service provider to seek clarification or confirmation on relevant issues as considered necessary. 6.3. After...

... which is due from the policy holder after the end of the 1st policy year. If the customer makes a purchase under that promotion, the right to the rebate at the end of the 1st policy year must form part of the terms and conditions of the contract of insurance (in order for it to be enforceable against...

... which is due from the policy holder after the end of the 1st policy year. If the customer makes a purchase under that promotion, the right to the rebate at the end of the 1st policy year must form part of the terms and conditions of the contract of insurance (in order for it to be enforceable against...