... policies must be issued (and with premium duly paid) on or before 31 March 2020. Temporary facilitative measures on the supervisory requirements are therefore introduced to facilitate non-F2F distribution methods for these two particular products as a matter of priority. To ensure the interests of...

... over one year now, having commenced on 23 September 2019. Based on our experience in the past 12 months, we thought it helpful to draw your attention to certain requirements of the new regime which may benefit from improved awareness and observance. A number of these requirements, if contravened give...

...] Accumulated Dividends and Interest [K-3] Terminal Dividend 1 9,999,999 9,999,999 9,999,999 9,999,999 9,999,999 9,999,999 9,999,999 9,999,999 9,999,999 2 3 4 5 10 15 20 25 30 At age 65 (5-year interval) At Age 100 Explanation on above illustration: Please refer to the Explanation Notes Section. 2 Name of...

... implementation of Hong Kong Financial Reporting Standard 17 (“HKFRS 17”). In September 2018, we conducted a Readiness Assessment Survey to understand the preparation status of authorized insurers and their challenges in implementing the standard1. We have received positive feedback on the initiative and also...

... general insurance, you will find actual cases of general insurance claims, which are there mainly to facilitate your understanding of the subject and to make your learning more interesting. The decisions you will find in those cases were based on their particular facts, including the actual wording used...