... in a holistic approach. – An example is to monitor transactions on a per person basis and on a per insurance intermediary basis. For insurance policies involving trust arrangements, it may be more appropriate to capture suspicious transactions arising from a per trust settlor basis, besides a per...

... in a holistic approach. – An example is to monitor transactions on a per person basis and on a per insurance intermediary basis. For insurance policies involving trust arrangements, it may be more appropriate to capture suspicious transactions arising from a per trust settlor basis, besides a per...

... in a holistic approach. – An example is to monitor transactions on a per person basis and on a per insurance intermediary basis. For insurance policies involving trust arrangements, it may be more appropriate to capture suspicious transactions arising from a per trust settlor basis, besides a per...

... policy  Due date of levy  Section 3(1) of the Regulation – the policy holder must, each time a premium is paid, also pay the levy  Levy is payable only when the premium is paid. If the premium has not been paid, there is no levy payable.  The cap on levy is applied on per policy basis  Rider and...

... Mainland is primarily the Mainland Compulsory Traffic Accident Liability Insurance for Motor Vehicles (Compulsory Motor Insurance), which protects against third-party personal injury, death or property loss, with liability cover of a maximum of RMB 200,000 per event, which is the statutory minimum...

... cent, the amount is to be rounded to the nearest cent. Fee Cap 8. The annual variable fee to be paid by each insurer carrying on general or long term business respectively is subject to a cap of $7 million. The cap for composite insurer will be applied per general business or long term business...

... cent, the amount is to be rounded to the nearest cent. Fee Cap 8. The annual variable fee to be paid by each insurer carrying on general or long term business respectively is subject to a cap of $7 million. The cap for composite insurer will be applied per general business or long term business...

... respectively is subject to a cap of $7 million. The cap for composite insurer will be applied per general business or long term business respectively. 9. The annual authorization fee payable is the aggregate of fixed fee and variable fee payable. In other words, the annual authorization fee payable by insurers...

... average age of policy holders is 47.5, while the average annualised premiums per policy are around $71,000. Some 36,000 QDAPs worth $2.5 billion were issued in the first quarter of 2020, representing 7.3% of total new office premiums for individual business. New office premiums in respect of...

... subject to higher levels of responsibility under the new regime. The IA proposes to raise the minimum CPD hours requirement for individual licensees from 10 hours to 15 hours per annum, of which at least 3 hours must relate to ethics or regulations. Online or e-learning courses will be...