... outbreak of COVID-19 Further to our circulars on 27 March, 15 June, 4 September, 2 December 2020 and 24 February 2021 regarding Phase 2 of the temporary facilitative measures (“TFM”) to obviate the need to conduct face-to-face (“F2F”) meetings in order to minimize the risk of infection during the sale...

... outbreak of COVID-19 Further to our circulars on 27 March, 15 June and 4 September 2020 regarding Phase 2 of the temporary facilitative measures (“TFM”) to obviate the need to conduct face-to-face (“F2F”) meetings in order to minimize the risk of infection during the sale process of insurance policies, the...

... for a term of two years, starting from 15 August 2018. “Mr Cheung is a seasoned officer with rich experience in public administration, proven leadership and management skills. I have confidence that he will ably lead the IA to collaborate closely with all stakeholders to seamlessly...

... (decreased by 15.9%), including $137.9 billion from Individual Life (Non-Linked) business (decreased by 20.5%) and $12.7 billion from Linked business (increased by 123.2%). The total number of new policies was 1.3 million in 2017 (minimal change). General business In 2017, the total...

... 2018. The event brought together some 50 delegates from insurance regulators in 15 jurisdictions in the Asia-Pacific region and representatives of the International Association of Insurance Supervisors, the Financial Stability Institute, the National Association of Insurance Commissioners of the USA...

... IO defines a “controller” of a company to be a person who (i) owns or controls, directly or indirectly, including through a trust or bearer share holding, not less than 15% of the issued share capital of the company; (ii) is, directly or indirectly, entitled to exercise or control the exercise of not...

... appetite. Take, for example, a participating policy projecting a total cash value of $100,000, $90,000 of which is non-guaranteed, at the end of the 10th year of the policy. When this policy is surrendered or matured at the end of the 10th year, the amount paid to the policyholder will vary from...

... and Record-Keeping How well are insurance institutions documenting their customers’ ML/TF risk assessments, and keeping them up to date? 10 Customer Due Diligence and Record-Keeping How well do insurance institutions apply the CDD and record-keeping measures? To what extent is business refused when...

... and Record-Keeping How well are insurance institutions documenting their customers’ ML/TF risk assessments, and keeping them up to date? 10 Customer Due Diligence and Record-Keeping How well do insurance institutions apply the CDD and record-keeping measures? To what extent is business refused when...

... 15,473,037 藍十字 Blue Cross 31-12-19 6,705 1,420,882 19,863 - 641,269 微藍 Blue 31-12-19 12,300 5,292,308 144,704 3,378 2,914,750 中銀人壽 BOC LIFE 31-12-19 364,379 159,788,667 22,233,490 756,325 114,658,485 保泰人壽 Bowtie Life 31-12-19 80 1,165 55 - 184 Canada Life Assurance Canada Life Assurance 31-12-19 11...