... premature death. About the Study One of the statutory functions borne by the Insurance Authority ("IA") is to promote under- standing by policyholders and potential policy- holders of insurance products and the insurance industry. For this reason, a dedicated team has been set up to conduct policy research...

... premature death. About the Study One of the statutory functions borne by the Insurance Authority ("IA") is to promote under- standing by policyholders and potential policy- holders of insurance products and the insurance industry. For this reason, a dedicated team has been set up to conduct policy research...

... culture. 1.3 ERM for solvency purposes is the coordination of risk management, strategic planning, capital adequacy, and financial efficiency in order to enhance sound operation of the authorized insurer and ensure the adequate protection of policy holders. An authorized insurer embeds an integrated set of...

... regulate and supervise the insurance industry. This includes regulating and supervising authorized insurers and licensed insurance intermediaries. The IA’s functions and powers are set out in the Insurance Ordinance. Complaints against authorized insurers If your complaint is against an authorized insurer...

... regulate and supervise the insurance industry. This includes regulating and supervising authorized insurers and licensed insurance intermediaries. The IA’s functions and powers are set out in the Insurance Ordinance. Complaints against authorized insurers If your complaint is against an authorized insurer...

... regular-premium policy to be recommended, or whether the client could afford to set aside a lump sum of liquid assets for the specified term of a single-premium policy. Special attention should be given to clients who are dependent financially on other person or with an unstable income, e.g. dividends/interest of...

... and multiple choice options  in  the suggested FNA  form as set out  in  the Appendix.    Are  Insurers allowed  to  have  certain  degree  of  flexibility  on  the  presentation  of  the  questions  and  the  choice of options as suggested in FNA Form?    A  7. As  a matter  of  principle,  insurers...

... relevant requirements.        Q  7. It is stated that the FNA must include all the questions and multiple choice options  in  the suggested FNA  form as set out  in  the Appendix.    Are  Insurers allowed  to  have  certain  degree  of  flexibility  on  the  presentation  of  the  questions  and  the...

... of Conduct for Insurers. 12 Legal and Technical Corner Institutional Set-up of the OCI under Review In the light of international regulatory trends and rapid developments of the insurance industry in recent years, the Government considers it necessary to study arrangements to turn the Office of the...