... insurance, you will find actual cases of general insurance claims, which are there mainly to facilitate your understanding of the subject and to make your learning more interesting. The decisions you will find in those cases were based on their particular facts, including the actual wording used in the...

... Combined Meeting of the Working Groups on (A) Risk-based Capital Regime for Insurance Industry and (B) Promoting Positive Image of Insurance Industry 31 August 2017 Combined Meeting of the Working Groups on (A) Risk-based Capital Regime for Insurance Industry and (B) Promoting Positive Image of...

... financial loss from the individual and placing it upon the insurer. The primary benefit is seen in the financial compensation made available to insured victims of the various insured events. On the commercial side, this enables businesses to survive major fires, liabilities, etc. From a personal point of...

... 2 June 2020 Our ref: INS/TEC/6/20/5 By email only To: Chief Executives of all authorized insurers Dear Sirs, Updated Assessment on the Proposed Policy Holders’ Protection Scheme in Hong Kong We would like to enlist your support for and participation in an updated assessment on the proposed Policy...

... 2 June 2020 Our ref: INS/TEC/6/20/5 By email only To: Chief Executives of all authorized insurers Dear Sirs, Updated Assessment on the Proposed Policy Holders’ Protection Scheme in Hong Kong We would like to enlist your support for and participation in an updated assessment on the proposed Policy...

... Association. On 23 September 2019, the Insurance Authority (IA) took over the regulatory functions of the three Self-Regulatory Organisations (SROs)1 to directly regulate insurance intermediaries (including insurance agents and insurance brokers) in Hong Kong, as empowered by the Insurance Ordinance. The new...

... Private and Confidential Wesurance Limited 030519W-IA !1!1 New trend and key challenges in consumer product & Regulatory Compliance !2 Why ? Technologies reach Insurance industry even not fast enough as compare with banking. Open a new personal bank account within 15 minutes on the mobile platform...

... over one year now, having commenced on 23 September 2019. Based on our experience in the past 12 months, we thought it helpful to draw your attention to certain requirements of the new regime which may benefit from improved awareness and observance. A number of these requirements, if contravened give...

... insurance industry and various stakeholders; and the Insurance Core Principles, Standards, Guidance and Assessment Methodology (“ICP”) promulgated by the International Association of Insurance Supervisors, in particular ICP19 on fair treatment of customers. GL31 provides guidance on the minimum standards...

...] Accumulated Dividends and Interest [K-3] Terminal Dividend 1 9,999,999 9,999,999 9,999,999 9,999,999 9,999,999 9,999,999 9,999,999 9,999,999 9,999,999 2 3 4 5 10 15 20 25 30 At age 65 (5-year interval) At Age 100 Explanation on above illustration: Please refer to the Explanation Notes Section. 2 Name of...