... point of sale of a participating policy, a potential policy holder will be provided with a document of benefit illustrations, which gives a view of the benefits projected into the future.   To help policy holders understand the past performance of non-guaranteed benefits declared by...

... 4.1.1.5 of Appendix I specifies that insurer should disclose on its company website the non-guaranteed dividends/bonuses fulfillment ratios for each product series of participating policies which has new policies recently issued (with similar requirement under Section 4.2 of Appendix II in respect of...

... 19 January 2004 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, United States Executive Order 13224 & United Nations Security Council Resolution...

... from an insurer for arranging an insurance policy with the insurer on behalf of the client. The Practice Notes have been prepared in consultation with The Hong Kong Confederation of Insurance Brokers and the Professional Insurance Brokers Association. The Practice Notes will be kept under review and...

... from an insurer for arranging an insurance policy with the insurer on behalf of the client. The Practice Notes have been prepared in consultation with The Hong Kong Confederation of Insurance Brokers and the Professional Insurance Brokers Association. The Practice Notes will be kept under review and...

... override the provision of any law. A non-compliance with the provisions in this Guideline would not by itself render an authorized insurer liable to judicial or other proceedings. A non-compliance may, however, reflect on the IA’s view of the continued fitness and properness of the directors or controllers...

... override the provision of any law. A non-compliance with the provisions in this Guideline would not by itself render an authorized insurer liable to judicial or other proceedings. A non-compliance may, however, reflect on the IA’s view of the continued fitness and properness of the directors or controllers...

... insurance industry’s awareness and understanding of the statutory obligations on anti-money laundering and counter-terrorist financing (“AML/CTF”), the Insurance Authority will host two AML/CTF seminars on 22 and 29 November 2017. The objectives of the seminars are: a) to provide the participants with an...

... Digital Distribution • Digital technologies can be deployed as business-enabling drivers for different parts of the insurance value chain and with cost efficiency advantages • Distribution governs how products and services are delivered and how companies interact with their customers • Offers more choices...

... Insurers Carrying on Long Term Business The Insurance Authority (“IA”) is responsible for overseeing the compliance of, amongst others, authorized insurers carrying on long term business (“insurers”) with the relevant requirements under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance...