... verification : 4.8.2 – 4.8.6 & 4.8.10 4.8.1 a. Full name b. DOB c. Nationality d. Identity document type and number e. Residential address (4.8.8) 20 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region Chapter 4 Chapter 4 –– CDD on corporationsCDD on...

... Practice -  A medical check-up or a free consultancy? The Insurance Authority’s on-site inspections of licensed insurance broker companies May 2023 In our circular of 30 November 2022, the Insurance Authority (“IA”) published its common...

... guidelines. In practice, in determining the likelihood that the regulated person may engage in the same or similar type of conduct in the future the IA might, for example, consider whether any compliance gaps or non-compliant behaviors identified have been rectified. 30. One respondent suggested the addition...

... guidelines. In practice, in determining the likelihood that the regulated person may engage in the same or similar type of conduct in the future the IA might, for example, consider whether any compliance gaps or non-compliant behaviors identified have been rectified. 30. One respondent suggested the addition...

... GL30: Guideline on Financial Needs Analysis Interpretation Notes GL31: Guideline on Medical Insurance Business Frequently Asked Questions The above...

... further relevant information depending on the type of insurance product. 10.5 On-going communication with policyholders should be maintained at least annually as an integral part of expectation management (e.g. projections for non-guaranteed benefits in anniversary statements). 10.6 Authorized insurers...

...% 5.1% 5.2% 5.2% 5.3% 14.7% 11.0% 23.8% 8.5% 4.7% 15.3% 5.0% 17.9% 20.3% 5.6% Type of Insurance Retirement Scheme Annuity and Others 4 In-Force Individual Life Business Non-Linked Business Office premiums for Non-Linked business grew by 2.8% to HK$377,475 million in 2018, representing 88.5% of the...

...”). Affordability assessment in respect of premium financing 1. As required under Paragraph 6.11 of GL30, the source of funds of the customer must be duly considered to ensure that the customer can afford the recommended product(s). Insurers and insurance intermediaries should therefore take reasonable steps to...

... business Cantonese 30 Aug 2019 (Fri) 10:00am – 12:00nn General business English 3 Sept 2019 (Tue) 10:00am – 12:00nn Long term business English 6 Sept 2019 (Fri) 10:00am – 12:00nn You are cordially invited to attend the briefing session(s) relating to the business that your company is carrying on. For...

..., Queensway Government Offices, 66 Queensway, Hong Kong, and the Financial Reporting Council (FRC) of 29th floor, Queensway Government Offices, 66 Queensway, Hong Kong. I. Interpretation 1. “Auditing or reporting irregularity” means a relevant irregularity as defined by section 4 of the FRCO. For ease of...