... Risk-based Capital regime (RBC), the mechanism for collecting levy on premium, implementation of GN16, revisiting the requirements in GN15, and Fintech, just to name a few. 10. I believe it may not be appropriate for me to bore you this evening with these heavy and technical subjects. However I would like to...

... suit their needs with greater ease while ensuring that their interests are properly protected. Ends Notes: 1The introduction of temporary facilitative measures was communicated to authorized life insurers via a circular issued by the IA on 21 February 2020. 2The...

... (“SROs”) 4 and everyone who is involved or connected with the insurance industry. This is the day when the IA will take over the regulation of insurance intermediaries from the SROs, putting it on statutory footing. The IA will be the sole authority for granting licences, conducting due diligence...

... (“SROs”) 4 and everyone who is involved or connected with the insurance industry. This is the day when the IA will take over the regulation of insurance intermediaries from the SROs, putting it on statutory footing. The IA will be the sole authority for granting licences, conducting due diligence...

...). The agent did not, however, tell the policy holder this. Only when the policy holder later checked with the insurer was the truth discovered. The policy holder complained to the insurer about the agent’s conduct. In response, the agent returned RMB6,000 to the policy holder, but astonishingly...

... (“SROs”) 4 and everyone who is involved or connected with the insurance industry. This is the day when the IA will take over the regulation of insurance intermediaries from the SROs, putting it on statutory footing. The IA will be the sole authority for granting licences, conducting due diligence...

... disciplinary action arises from a message Mr Yam sent through his social media account to everyone on his contact list on 23 January 2020 (“Message”), seeking to use the outbreak of the novel coronavirus (“COVID-19”) to encourage recipients of the Message to leave Hubei Province and...

... trying to complicate matters, we should also be aware that insurance practitioners may use the word ‘risk’ with other meanings, including: 1 the property or person at risk that they are insuring or considering insuring; and 2 the peril (i.e. cause of loss) insured (so, some policies may insure on an ‘all...

... given circumstances. The law of agency are those rules of law which govern an agency relationship. The law of contract also has to be considered as the agent often arranges an agreement with the third party, or performs it, on behalf of his principal. There are two contracts to consider: (a) one between...

... Circulars on Regulatory Matters2010 Date Subject...