... Regulation of Insurers and Lloyd’s Section 6 of the Insurance Ordinance (Cap. 41) (“IO”) prohibits any person from carrying on insurance business in or from Hong Kong except an authorized insurer, Lloyd’s or an association of underwriters...

... and Futures Ordinance”, or otherwise an insurance specialist. It is intended to give a preliminary introduction to the subject of Investment-linked Long Term Insurance, as a Quality Assurance exercise for Insurance Intermediaries. We hope that the Study Notes can serve as reliable reference materials...

... Financial Arrangements The International Association of Insurance Supervisors requires that insurance regulators should be financially and operationally independent of the Government and the industry. The costs for establishing and operating the...

... Understanding Travel Insurance Claims cases Case 1: Trip delay Ms. Lai was notified by the airline that her scheduled flight back to Hong Kong in the morning was cancelled due to a mechanical breakdown, and that another flight had been...

... standards of conduct and business practice for authorized insurers underwriting Investment-Linked Assurance Schemes (“ILAS”) business. 1.2 In response to GN 15, this Guidance Note is issued to set out such standards of conduct and business practice in so far as they are applicable to members of PIBA in...

... not make you a licensed person for any of the regulated activities under the “Securities and Futures Ordinance”, or otherwise an insurance specialist. It is intended to give a preliminary introduction to the subject of Investment-linked Long Term Insurance, as a Quality Assurance exercise for...