... have now been formed and the first disciplinary cases are currently under consideration. Representation of Information 16% Claims 17% Conduct 30% Business or Operations 18% Services 15% Insurance Intermediary against Insurer 3% Others 1% Total: 1,494 Representation of Information 16% Claims 18% Conduct...

... requirements in the Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules (Cap. 41L) (the “Broker Rules”), relating to capital and net assets, professional indemnity insurance, keeping of separate client accounts and keeping of proper books and accounts (section 73 of the...

... QDAP has been hugely successful with 82,500 policies issued so 4 far and the total annualised premium of HK$6 billion. The average age of the persons taking up such policies is 48.5 years old, precisely the demographic at which QDAP is targeting. In QDAP, we see how the Government, the IA and the...

... Role Let me now switch to a juicier and, some may say, disruptive or paradigm- changing topic – Insurtech. Digitalisation has been becoming the key for a sustainable insurance market. We see the development of Insurtech continuing to grow at a rapid pace. According to a market report, the total value...

... QDAP has been hugely successful with 82,500 policies issued so 4 far and the total annualised premium of HK$6 billion. The average age of the persons taking up such policies is 48.5 years old, precisely the demographic at which QDAP is targeting. In QDAP, we see how the Government, the IA and the...

... Role Let me now switch to a juicier and, some may say, disruptive or paradigm- changing topic – Insurtech. Digitalisation has been becoming the key for a sustainable insurance market. We see the development of Insurtech continuing to grow at a rapid pace. According to a market report, the total value...

... QDAP has been hugely successful with 82,500 policies issued so 4 far and the total annualised premium of HK$6 billion. The average age of the persons taking up such policies is 48.5 years old, precisely the demographic at which QDAP is targeting. In QDAP, we see how the Government, the IA and the...

... Role Let me now switch to a juicier and, some may say, disruptive or paradigm- changing topic – Insurtech. Digitalisation has been becoming the key for a sustainable insurance market. We see the development of Insurtech continuing to grow at a rapid pace. According to a market report, the total value...

... approximation results from the General Model and consider using PAA instead of General Model? 1 (ii) Variable Fee Approach (In HK'000) (iii) Premium Allocation Approach (PAA) (In HK'000) Total Gross Written Premium (In HK'000) 12a) Have you completed the determination of HKFRS 17 contract boundary assessment of...

... - procurement of reinsurance and the selection criteria of the brokers; (k) describing the process for ensuring accurate and proper documentation of reinsurance arrangements; and (l) describing the criteria and process for the use of facultative reinsurance, which should be secured before the insurer accepts a...