... an Assessment Period, the total CPD hours required (and the compulsory hours on “Ethics or Regulations”) are calculated on a pro-rata basis depending on the month in which the relevant licence is granted by the IA. Please see Annex 2 of GL24: Guideline on Continuing Professional Development for...

... and diverse - it covers 45 million square kilometres or 30% of total land area on this planet, and is the home to 4.5 billion people or roughly 60% of the global population. There are 48 nations with different cultural backgrounds, religious beliefs and states of development. As a local guy born and...

... data-driven approach pushes the boundaries of Insurtech by reaching those who were previously considered uninsurable. Take diabetes as an example, according to the Hospital Authority’s statistics, there are currently some 700,000 people suffering from diabetes in Hong Kong, representing about 10% of the total...

... and control measures) are cordially invited to attend the seminars. Each company can nominate up to a total of three representatives for the two seminars. The seminars are free of charge and two and a half CPD hours will be awarded to the participants. The programme of the seminars is attached at...

... customers have taken up the top-up option. Q2 Referring to paragraph 4.2 of the Guideline, please clarify if there is any minimum requirement to classify a product as having refundable feature. For example, does a product refunding 30% (or even smaller) of total premium paid fall into the scope? 2 A2...

... customers have taken up the top-up option. Q2 Referring to paragraph 4.2 of the Guideline, please clarify if there is any minimum requirement to classify a product as having refundable feature. For example, does a product refunding 30% (or even smaller) of total premium paid fall into the scope? 2 A2...

... to specify the  protection period of the chosen rider benefits.        Q  6. Intermediaries  are  required  to  take  into  account  the  customers’  total protection  needs, total disposable assets, financial outgoings and liabilities etc before making  recommendation.    How  detailed  such...

... by  the  customers,  the  intermediary should add remark(s)  in the FNA Form as appropriate to specify the  protection period of the chosen rider benefits.        Q  6. Intermediaries  are  required  to  take  into  account  the  customers’  total protection  needs, total disposable assets, financial...

...: Taking into account annuitants’ possible fear of being disadvantaged for premature death, the HKMC Annuity Plan offers a guarantee of minimum total annuity payment. In the event that the annuitant dies within the Guaranteed Period (i.e. the period that commences from the premium start date and lasts...

... global financial system which operates round the clock. Hong Kong also provides an important gateway to the Mainland China economy and financial system. The financial sector employs 246,000 people, accounting for 6.5% of the city’s total workforce, and 16.6% of its GDP. Hong Kong was the world’s seventh-...