... taxi industry. If you do a Google search on “financial technologies (or “Fintech”) in the insurance industry”, there are lots of interesting stories including peer-to-peer insurance, and motor insurance which can be offered on a variable rate according to miles driven. It is clear that more and more...

... IA to addressing suspected contraventions particularly under the new regulatory regime thus far, has been mainly through the issuance of letters of concern and compliance advice letters in order to raise awareness of the requirements and warn against such contraventions. As the IA’s enforcement...

... misleading or not. In addition, companies should follow the order of table whereby total premiums paid column is shown before the benefit payment columns, and surrender values are shown before the death payments. Only those figures which are guaranteed can be highlighted (i.e. bold and/or color font). The...

... Prevention Claims Database (“IFPCD”) which currently covers motor insurance and medical insurance claims and mirrors industry-led initiatives in other developed insurance markets. IFPCD is designed as a tool with self-learning capability to detect potential fraudulent claims so that insurers can...

... sactions_reporting_to_JFIU.html – When an II receives a request from a law enforcement agency, e.g. search warrant or production order, in relation to a particular customer or business relationship, the II should assess the risks involved and the need to conduct an appropriate review on the customer or the business relationship...

... sactions_reporting_to_JFIU.html – When an II receives a request from a law enforcement agency, e.g. search warrant or production order, in relation to a particular customer or business relationship, the II should assess the risks involved and the need to conduct an appropriate review on the customer or the business relationship...

... sactions_reporting_to_JFIU.html – When an II receives a request from a law enforcement agency, e.g. search warrant or production order, in relation to a particular customer or business relationship, the II should assess the risks involved and the need to conduct an appropriate review on the customer or the business relationship...

... form as policy endorsement, is not considered as a top up. Q 3. For refundable insurance policies under 1(a)(ii), does it have to be 100% or more “refundable” in order for the FNA requirement be exempted? A 3. Yes. For those refundable insurance policies which are not 100% refundable (e.g. the amount...