..., a total of US$42 billion global insured losses were estimated in Aon’s recent Global Catastrophe Recap for the first half of 2021. The global, national and local climate agenda The Paris Agreement ratified in 2016 has been a main driver of recent international efforts related to green and...

... at which the users logged on to an E-learning Activity as well as the total time the users logged on to the E-learning Activity. 2 “Idle-time” generally means the period of inactivity on the part of the users of an E-learning Activity, e.g. time during which the users are not clicking or inputting...

... relatively small comparing to the total sum of premium payable under the master contract. However, this discretion MUST NOT be used as a tool for levy evasion.   As a rule of thumb, a scheduled payment/ endorsement should normally be a small fraction of the premium payable for the...

... at which the users logged on to an E-learning Activity as well as the total time the users logged on to the E-learning Activity. 2 “Idle-time” generally means the period of inactivity on the part of the users of an E-learning Activity, e.g. time during which the users are not clicking or inputting...

... at which the users logged on to an E-learning Activity as well as the total time the users logged on to the E-learning Activity. 2 “Idle-time” generally means the period of inactivity on the part of the users of an E-learning Activity, e.g. time during which the users are not clicking or inputting...

... prescribe in Rule 3(1)(c) of the draft Rules a minimum investment size of US $1 million or equivalent. 2 According to the Artemis Catastrophe Bond and Insurance-linked Securities Deal Directory, in 2019, there were 65 ILS issuances globally with a total value of about US $11 billion (about HK $86 billion...

... fulfilled the required number CPD hours as shown in Part C of the CPD Declaration on or before 31 July 2022, then: • Select “No” in Part C; • Input the total shortfall of CPD hour(s) and upload the supporting document(s) for the CPD hour(s) he/she has earned, if any; • Complete Part D to explain why he/she...

... outsourced service is disrupted or falls short of acceptable standards; (c) cost of outsourcing as a proportion to the total operating costs of the insurer; and (d) degree of difficulty and time required to find alternative service provider or to bring the outsourced service in-house, if necessary. 5.5. An...

... included from the calculation. [For whole-life premium payment policies] As this policy involves whole-life premium payment, a 30- year period has been adopted for calculating both the total premiums and the total remuneration. [For policies sold through bank] In this statement, “bank” refers to a licensed...

... Capital (“RBC”) Regime which is targeted to be implemented in 2024. We received a total of 120 Own Risk and Solvency Assessment (“ORSA”) Reports prepared for the first time under the GL21. We consider that insurers generally made a good advancement in implementing their risk management governance and ORSA...