... upon request) and consider whether you can meet such requests in order to avoid a potential financial loss. Exchange rate fluctuation If the loan currency differs from the policy currency, you may be required to convert the proceeds from the policy into the loan...

... Insurance Intermediaries Quality Assurance Scheme Long Term Insurance Examination Study Notes 2017 Edition 1 Study Notes for Long Term Insurance Examination Update Renaming of The Insurance Claims Complaints Bureau The Insurance Claims Complaints Bureau (‘ICCB’) has been renamed The Insurance...

... CONTENTS Chapter Page 1. INTRODUCTION TO LIFE INSURANCE 1/1 1.1 Definition of Life Insurance 1/1 1.1.1 Needs for Life Insurance 1.2 Principles of Life Insurance 1/2 1.2.1 Insurable Interest 1.2.2 Duty of Disclosure 1.2.3 Other Insurance Principles 1.3 Calculation of Life Insurance Premium 1/10 1.3.1 Rating...

... Seventh Edition: August 2017  Insurance Authority 1999, 2001, 2005, 2007, 2011, 2016, 2017 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...

..., 2001, 2005, 2007, 2011, 2016 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 Office of the Commissioner of Insurance. TABLE OF CONTENTS Chapter Page 1. INTRODUCTION TO LIFE INSURANCE 1/1 1.1 Definition of...

... IA to addressing suspected contraventions particularly under the new regulatory regime thus far, has been mainly through the issuance of letters of concern and compliance advice letters in order to raise awareness of the requirements and warn against such contraventions. As the IA’s enforcement...

... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...

... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...

... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...