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... frequent and severe, the industry would be overwhelmed with increasingly uncorrelated catastrophic events thus reducing capacity and escalating prices. Besides, this would pose challenges to assessing and managing risks. On the other hand, a lack of adequate understanding of climate risks by businesses may...
https://www.ia.org.hk/english/infocenter/files/Section6.2_160421_HKFIlunchtalk.pdf - Date: 2020-06-12
... customers are treated fairly. 1.2 Life insurance policies are generally long term in nature and the decision to purchase a life insurance policy is an important one. Providing policy holders with the opportunity to reflect on their decision is a key aspect of the “fair customer treatment” principle. The...
https://www.ia.org.hk/english/legislative_framework/files/GL29_English.pdf - Date: 2020-09-24
... customers are treated fairly. 1.2 Life insurance policies are generally long term in nature and the decision to purchase a life insurance policy is an important one. Providing policy holders with the opportunity to reflect on their decision is a key aspect of the “fair customer treatment” principle. The...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/cooling_off.pdf - Date: 2020-06-24
[PDF] GL29.pdf
... customers are treated fairly. 1.2 Life insurance policies are generally long term in nature and the decision to purchase a life insurance policy is an important one. Providing policy holders with the opportunity to reflect on their decision is a key aspect of the “fair customer treatment” principle. The...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL29.pdf - Date: 2019-11-29
... Circulars on Regulatory Matters 2018 Date Subject 30 November 2018 Explanatory Note on Licensing Requirements for Employees of Authorized Insurers under...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2018.html - Date: 2018-11-30
... related claims. Underwriting performance for Motor Vehicle business worsened by 58.3% as compared with the corresponding period of 2018, reporting a loss of $49 million, owing to deteriorating claims experience and claims reserve strengthening. On reinsurance inward business, gross and net...
https://www.ia.org.hk/english/infocenter/press_releases/20190531.html - Date: 2019-05-31
... Federal Supreme Court on 13 Aug. 2014. In accordance with paragraph 49 of resolution 2253 (2015), the Committee has made accessible on its website the narrative summary of reasons for listing of the above name, at the following URL: https://www.un.org/sc/suborg/en/sanctions/1267/aq_sanctions_list...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20170707_1.pdf - Date: 2018-01-15