... insurance business statistics for 2013 as contained in this annual report are based on the Hong Kong Insurance Business Statistics 2013 released by the Office of the Commissioner of Insurance in September 2014. 11 Message from the Commissioner Message from the Commissioner 2014 has been a fruitful year for...

... insurance business statistics for 2013 as contained in this annual report are based on the Hong Kong Insurance Business Statistics 2013 released by the Office of the Commissioner of Insurance in September 2014. 11 Message from the Commissioner Message from the Commissioner 2014 has been a fruitful year for...

... The membership list of the DPP is available on the IA website. “In developing the disciplinary mechanism under the new direct regulatory regime for insurance intermediaries1, our aim has been to implement a process that is fair, efficient and robust,” said Mr Peter Gregoire, Head...

... Fulfillment Ratio Fulfillment Ratio Examples Example 1: Participating policy with annual and terminal dividends Assume that the policy was issued on 1 January 2020: End of Policy Year...

... Microsoft Word - Mv11413-attachment ‐ 1 ‐  Guidance Note on Gifts, Promotions and Incentives for Class A and Class C Products    1.   Introduction    1.1.   In  September  2009,  the  Securities  and  Futures  Commission  ("SFC")  launched  a  consultation process on its package of proposals to...

... the agent and the principal; and (b) another quite different one between the principal and the third party. Note: an agency can exist without an agency contract. For example: a child (gratuitous agent) goes to buy a pack of sugar on behalf of his mother (principal), with authority to bind the mother...

...), taking effect on 23 September 2019 when the statutory regime comes into operation. The MA is responsible for supervising authorized institutions1 (AIs) in accordance with the Banking Ordinance. The IA, under the statutory regime, is responsible for regulation of insurance intermediaries which...

... Register of Authorized Insurers The Insurance Authority (“IA”) maintains a Register of Authorized Insurers. This Register contains information on insurers which are licensed by the IA to carry on a class or classes of insurance business in or...

... Feedback to Consultation Paper on Draft Insurance (Maximum Number of Authorized Insurers) Rules (Comments should be sent to the Insurance Authority on or before 31 December 2018.) To: Insurance Authority (email: [email protected]) Name of Respondent: Contact Person (if Respondent...

... individual insurance agent, or a licensed technical representative (agent). Licensed insurance agency is a sole proprietor, partnership or company who is granted a licence under section 64U of the IO to carry on regulated activities in one or more lines of business, as an agent of any...