... 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...

... 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...

... 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...

... 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...

... Guidance Note on Reserving of Mortgage Guarantee Insurance GL6 GUIDELINE ON RESERVING FOR MORTGAGE GUARANTEE BUSINESS Insurance Authority Contents Page 1. Introduction ……………………………………………… 1 2. Mortgage Guarantee Business…………………………… 1 3. Application of this Guideline………………….…………. 1 4. Adequacy of...

... Authority Contents Page 1. Introduction ……………………………………………… 1 2. Considerations in Exercising the Insurance Authority’s Power to Impose Pecuniary Penalty……………………… 1 3. Commencement…………………………………………... 4 1 1. Introduction 1.1. This Guideline is issued by the Insurance Authority (“IA”) pursuant to section 23(1...

... Consultation Paper on the Draft Insurance (Group Capital) Rules Consultation Paper on Draft Insurance (Group Capital) Rules 1 FOREWORD 1. This paper is published by the Insurance Authority to consult the public on the draft rules to be made under section 129 of the Insurance Ordinance (Cap. 41...

... following initiatives which can be downloaded from the HKFI website: Initiative on FNA (effective on 1 January 2016) http://www.hkfi.org.hk/pdf/en/download/Initiative%20on%20Financial%20Needs%20Analysis _1Jan16.pdf Updated Requirements Relating to the Sale of ILAS to Enhance Customer Protection (effective...