... policies per annum and 50 investment-linked long term policies in total within the five-year period immediately before 1 January 2002. Continuing Professional Development (“CPD”) Programme T he CPD Programme was launchedon 1 January 2002. All insurance 11 intermediaries, their chief executives/ responsible...

... *371446401341204Filed by Insurance Sector 1 – 1.46% 37,188 2014 32,907 2013 *30,028 *2015 (Jan- Sep) 23,282 2012 20,287 2011 Annual Total No. of STRs @H on g Ko ng P ol ic e Fo rc e fo r Tr ai ni ng P ur po se O nl y 香 港 警 務 處 版 權 所 有 只 作 培 訓 用 途 To Report, Or Not to Report ©Hong Kong Police Force香港警務處版權所有 @H on g Ko...

... *371446401341204Filed by Insurance Sector 1 – 1.46% 37,188 2014 32,907 2013 *30,028 *2015 (Jan- Sep) 23,282 2012 20,287 2011 Annual Total No. of STRs @H on g Ko ng P ol ic e Fo rc e fo r Tr ai ni ng P ur po se O nl y 香 港 警 務 處 版 權 所 有 只 作 培 訓 用 途 To Report, Or Not to Report ©Hong Kong Police Force香港警務處版權所有 @H on g Ko...

... *371446401341204Filed by Insurance Sector 1 – 1.46% 37,188 2014 32,907 2013 *30,028 *2015 (Jan- Sep) 23,282 2012 20,287 2011 Annual Total No. of STRs @H on g Ko ng P ol ic e Fo rc e fo r Tr ai ni ng P ur po se O nl y 香 港 警 務 處 版 權 所 有 只 作 培 訓 用 途 To Report, Or Not to Report ©Hong Kong Police Force香港警務處版權所有 @H on g Ko...

... insurance policies applied for and taken out by a policyholder. Insurers should review the criteria setting with the view to tightening the specification threshold of obtaining income/assets proof and should implement it on a per person basis as a more effective way to ascertain total risks involved. c...

... Relative Weight 1 12% 2 16% 3 30% 4 9% 5 5% 6 21% 7 7% Total 100% 1 RISK AND INSURANCE 1.1 CONCEPT OF RISK 1.1.1 Meaning of Risk There have been many attempts to define ‘risk’. Probably, to most of us, ‘risk’ contains a suggestion of loss or danger. We may therefore define it as ‘uncertainty concerning a...

... Chapters should be studied carefully, but the following table indicates areas of particular importance: Chapter Relative Weight 1 12% 2 16% 3 30% 4 9% 5 5% 6 21% 7 7% Total 100% 1/1 1 RISK AND INSURANCE 1.1 CONCEPT OF RISK 1.1.1 Meaning of Risk There have been many attempts to define ‘risk’. Probably, to...

... Kong has a flourishing life insurance market. In 2014, there were more than 11 million life insurance policies in force and the total insurance cover was worth more than $4,700 billion, with the overall insurance density 3 at more than $40,000 and an insurance penetration rate4 of 14.2%, which ranked...

... Kong has a flourishing life insurance market. In 2014, there were more than 11 million life insurance policies in force and the total insurance cover was worth more than $4,700 billion, with the overall insurance density 3 at more than $40,000 and an insurance penetration rate4 of 14.2%, which ranked...

... the proposed policy using premium financing (i.e. the total premium is to be funded entirely by the customer’s own funds). The insurance intermediary must also explain to the customer that, without the information, it would not be able to assess the customer’s suitability and affordability of...