... Symposium. International Insurance Conference O n 8 – 9 N o v e m b e r 2 0 0 1 ,I n t e r n a t i o n a l I n s u r a n c e Con fe rence on “Cha l l enges and Opportunities for Insurance in Asia in the New Mi l lenn ium” was he ld in Macau. Chief Executive of the Macau SAR officiated at the opening of the...

... Symposium. International Insurance Conference O n 8 – 9 N o v e m b e r 2 0 0 1 ,I n t e r n a t i o n a l I n s u r a n c e Con fe rence on “Cha l l enges and Opportunities for Insurance in Asia in the New Mi l lenn ium” was he ld in Macau. Chief Executive of the Macau SAR officiated at the opening of the...

... package”). We are writing to enlist your continuous support in completing and submitting data as set out in the MA package, which forms an important part of QIS 2. Matching adjustment is an alternative discounting approach that reflects the assets held by individual companies based on their policies for...

... Office of the Commissioner of Insurance 2013 Annual Report 2 Contents Contents 2 Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 1. Work of the Insurance Authority 15 2. General Insurance Business 26 3. Long Term Insurance Business...

... Office of the Commissioner of Insurance 2013 Annual Report 2 Contents Contents 2 Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 1. Work of the Insurance Authority 15 2. General Insurance Business 26 3. Long Term Insurance Business...

... Office of the Commissioner of Insurance 2013 Annual Report 2 Contents Contents 2 Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 1. Work of the Insurance Authority 15 2. General Insurance Business 26 3. Long Term Insurance Business...

... continuously kept up to date. 6. Risk identification, assessment and control 6.1 Insurers should identify cyber risks and conduct assessment on the effectiveness of the mitigating measures to protect against and manage cyber risks within the risk appetite and tolerance limit set by the Board or its designated...

... continuously kept up to date. 6. Risk identification, assessment and control 6.1 Insurers should identify cyber risks and conduct assessment on the effectiveness of the mitigating measures to protect against and manage cyber risks within the risk appetite and tolerance limit set by the Board or its designated...

... Commissioner of Insurance. ii TABLE OF CONTENTS Chapter Page 1. RISK AND INSURANCE 1/1 1.1 Concept of Risk 1/1 1.1.1 Meaning of Risk 1.1.2 Classification of Risk 1.1.3 Risk Management 1.2 Functions and Benefits of Insurance 1/4 2. LEGAL PRINCIPLES 2/1 2.1 The Law of Contract 2/1 2.1.1 Definition 2.1.2 Types of...

...: August 2017  Insurance Authority 1999, 2000, 2001, 2004, 2013, 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. RISK AND INSURANCE 1/1 1.1 Concept...