... Please note that no part of the Study Notes may be reproduced for the purposes of selling or making profit without the prior permission of the Insurance Authority. ii TABLE OF CONTENTS Chapter Page 1. INTRODUCTION TO INVESTMENT-LINKED LONG TERM INSURANCE POLICIES 1/1 1.1 Definition 1/1 1.2 Concept 1/2 2....

... that no part of the Study Notes may be reproduced for the purposes of selling or making profit without the prior permission of the Office of the Commissioner of Insurance. ii TABLE OF CONTENTS Chapter Page 1. INTRODUCTION TO INVESTMENT-LINKED LONG TERM INSURANCE POLICIES 1/1 1.1 Definition 1/1 1...

... to the Examination. Both Parts should be studied carefully, but the following table indicates areas of particular importance: Part Relative Weight I 35% II 65% Total 100% iii Part I Principles and Practice of Insurance iv TABLE OF CONTENTS Chapter Page 1. RISK AND INSURANCE 1/1 1.1 Concept of Risk 1...

... Examination. Both Parts should be studied carefully, but the following table indicates areas of particular importance: Part Relative Weight I 35% II 65% Total 100% Part I Principles and Practice of Insurance TABLE OF CONTENTS Chapter Page 1. RISK AND INSURANCE 1/1 1.1 Concept of Risk 1/1 1.1.1 Meaning of Risk...

... GL18 GUIDELINE ON EXERCISING POWER TO IMPOSE PECUNIARY PENALTY IN RESPECT OF AUTHORIZED INSURERS UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Scope of Application 1 3. Considerations in Exercising IA’s Power to Impose Pecuniary Penalty 2 4....

... 1 WHISTLEBLOWING POLICY VERSION 1.1 1. Introduction 1.1 The Insurance Authority (“IA”) is committed to promoting and maintaining high standards of transparency, accountability and integrity. The IA expects and encourages its employees and other parties who deal with the IA (e.g. contractors...

... GL8 GL8 GUIDELINE ON THE USE OF INTERNET FOR INSURANCE ACTIVITIES Insurance Authority Contents Page 1. Introduction………………………………………………. 1 2. Interpretation……………………………………………… 2 3. Identity of Service Providers……………………………... 3 4. Authorization Status……………………………………… 3 5. Security…………………………………………………… 5...

... IA AR20 Summary Eng.indd 1 The reporting year was an eventful one for the Insurance Authority (“IA”), fraught with unprecedented challenges, yet emerging opportunities abound. We continued to implement different reforms to strengthen the supervisory regime in Hong Kong. The Insurance Authority...