... the Insurance Authority (IA), which took over the regulatory functions of the former Office of the Commissioner of Insurance (OCI) four months ago on June 26. Taking this opportunity, I must thank the CIB, not only for its long years of service under the self-regulatory system and its unfailing...

... the Insurance Authority (IA), which took over the regulatory functions of the former Office of the Commissioner of Insurance (OCI) four months ago on June 26. Taking this opportunity, I must thank the CIB, not only for its long years of service under the self-regulatory system and its unfailing...

... the Insurance Authority (IA), which took over the regulatory functions of the former Office of the Commissioner of Insurance (OCI) four months ago on June 26. Taking this opportunity, I must thank the CIB, not only for its long years of service under the self-regulatory system and its unfailing...

... foundation for a healthy, competitive and efficient insurance industry. The Code of Conduct does not operate in isolation. It is part of the totality of the duties and obligations which apply to licensed insurance agents in their carrying on of regulated activities under common law (including contract law...

... foundation for a healthy, competitive and efficient insurance industry. The Code of Conduct does not operate in isolation. It is part of the totality of the duties and obligations which apply to licensed insurance agents in their carrying on of regulated activities under common law (including contract law...

... foundation for a healthy, competitive and efficient insurance industry. The Code of Conduct does not operate in isolation. It is part of the totality of the duties and obligations which apply to licensed insurance agents in their carrying on of regulated activities under common law (including contract law...

... regulatory framework. Section 90 of the Insurance Ordinance and the Codes of Conduct expressly require licensed insurance intermediaries to treat customers fairly. Guideline on the Corporate Governance of Authorized Insurers (Guideline 10) provides that “fair treatment of customers is an...

... company, by prohibiting him from applying for a licence for 4.5 years on the grounds that he is guilty of misconduct and not a fit and proper person after having fabricated a certificate of insurance for a professional liability and employees’ compensation insurance policy. On 12 January...

... 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 in so doing, which is not granted under a contract of agency between them (remember that a domestic arrangement generally does not constitute a contract...