... Road Wong Chuk Hang Hong Kong 3 CONTENTS Page CHAPTER 1 EXECUTIVE SUMMARY 4 CHAPTER 2 INTRODUCTION 5 CHAPTER 3 DISCUSSION OF THE DRAFT RULES 7 SCHEDULE NEW SECTION 129A OF THE ORDINANCE ANNEX A DRAFT INSURANCE (SPECIAL PURPOSE BUSINESS) RULES ANNEX B FEEDBACK TEMPLATE 4 CHAPTER 1 EXECUTIVE SUMMARY 1...

... Assessment 7.1 ICP 19.6.2 specifies that insurers should seek the information from their customers that is appropriate for assessing their insurance needs, before giving advice or concluding a contract. This information may vary, but should at least include information on the customer’s: 7 (a) knowledge and...

... Appendix I IMPORTANT DOCUMENT! PLEASE READ AND COMPLETE CAREFULLY! 重要文件! 請小心閱讀及填寫! (1) CUSTOMER PROTECTION DECLARATION 閣下可向保險代理/經紀索取中文版本,本聲明書之中英文版均具同等效力 This is an IMPORTANT part of the Code of Practice for Life Insurance Replacement issued by the Hong Kong Federation of Insurers and the...

...授權保 險經紀公司) 保險業監管局 目錄 頁數 1. 引言 1 2. 保險業監管局行使施加罰款權力時的考慮因素 1 3. 生效日期 4 1 1. 引言 1.1. 保險業監管局(“保監局”)根據《打擊洗錢及恐怖分子資金 籌集條例》 (第 615 章 )(“條例” )第 23(1)條發出本指引。根 據條例第 21 條，如果經營長期業務或就長期業務提供意見 的獲授權保險人，及就長期業務進行受規管活動的持牌個 人、獲委任保險代理、持牌保險代理機構或持牌代理人及獲 授權保險經紀公司 (“保險機構”)違反條例第 5(11)條所 界定的指明條文，保監局可以只施加罰款，也可同時向該保 險機構施加其他紀律制裁...

... Ordinary Good Faith 3.2.2 Utmost Good Faith 3.2.3 Material Fact 3.2.4 When to Disclose Material Facts 3.2.5 Types of Breach of Utmost Good Faith 3.2.6 Remedies for Breach of Utmost Good Faith 3.3 Proximate Cause 3/7 3.3.1 Meaning and Importance of the Principle 3.3.2 Types of Peril 3.3.3 Application of the...

... performer has a margin of -63.5%. The median underwriting margin is -6.7% with the 1st quartile and the 3rd quartile being -26.1% and 5.8% respectively. We hope these key market indicators can help you better understand the overall performance and characteristics of the statutory classes of business. In...