... insurance intermediary’s application to vary the type of regulated activity as specified in the licence of the SFC-licensed corporation; (iii) an authorized insurer or a licensed insurance intermediary’s application for approval to be a substantial 9 shareholder of an SFC-licensed corporation; and (iv) an...

... activities? A2: In this scenario, the bank staff does not provide, explain or discuss with the client any information relating to a particular insurance product. Rather, the bank staff is introducing the generic insurance concept of annuities to the client (i.e. providing generic information on a type of...

... activities? A2: In this scenario, the bank staff does not provide, explain or discuss with the client any information relating to a particular insurance product. Rather, the bank staff is introducing the generic insurance concept of annuities to the client (i.e. providing generic information on a type of...

... the risk”. In recent years, there has been a growing chorus of voices suggesting that the “duty of disclosure” has become increasingly outdated and is too weighted in favour of the insurer. After all, can a prospective policyholder really be expected to know what type of fact might influence a...

... IA’s Register of Insurers as having a “Business Type” “Composite”. Please see: https://www.ia.org.hk/en/supervision/reg_insurers_lloyd/register_of_authorized_insurers.html. MAXIMUM NUMBER OF INSURERS = 4 (OVERALL CAP) Maximum number of long term insurers = 2 (sub-cap) https://www.ia.org.hk/en...