... inward business. On direct business, gross and net premiums were $13.9 billion (increased by 9.3%) and $9.4 billion (increased by 6.3%) respectively, where the growth rate on a gross basis was broadly on a par with the corresponding period last year. Benefitting partly from the introduction of...

... Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) enacted the amendments specified with underline and strikethrough in the entry below on its ISIL (Da’esh) and Al-Qaida Sanctions List of individuals and entities subject to the assets freeze, travel ban and arms embargo set out in...

... total GWP of direct MV business in 2019 4 . Although Comprehensive cover was still loss-making, the underwriting result improved, with loss reduced to HK$74 million in 20194 from HK$136 million in 20185. On the contrary, the underwriting performance for Third Party cover deteriorated in 20194 due to...

... History On 7 December 2015, the Insurance Authority (“IA”) was established under the Insurance Companies (Amendment) Ordinance 2015 (“IC(A)O”). The IA is a new insurance regulator independent of the Government. The objectives of its...

... current status of the case/matter) with relevant supporting document(s). 1. Have you ever failed to comply with any requirements in relation to the carrying on of regulated activities? ☐ Yes ☐ No 2. Have you ever been refused or restricted from the right to carry on any trade, business or profession by...

... current status of the case/matter) with relevant supporting document(s). 1. Have you ever failed to comply with any requirements in relation to the carrying on of regulated activities? ☐ Yes ☐ No 2. Have you ever been refused or restricted from the right to carry on any trade, business or profession by...

... current status of the case/matter) with relevant supporting document(s). 1. Have you ever failed to comply with any requirements in relation to the carrying on of regulated activities? ☐ Yes ☐ No 2. Have you ever been refused or restricted from the right to carry on any trade, business or profession by...

... offered to pay the premium on their behalf if they were unable to come up with the funds in time, so they could take advantage of the discount. The clients took him up on the offer and, trusting that he had made such payment, transferred their renewal premiums to the agent. Not only was the premium...

... adjudicated by the Insurance Claims Complaints Panel (the ‘Complaints Panel’), which is led by an independent Chairman appointed by the ICB with the prior consent of the Secretary for Financial Services and the Treasury. 2 (b) Of the other four members on the Complaints Panel, two come from the insurance...

... 41O of Laws of Hong Kong) (“Group Capital Rules”) which the IA made under sections 95ZI and 129 of the Insurance Ordinance (Cap. 41). The Interpretation Notes set out the IA’s views as to how certain provisions of the Group Capital Rules operate for different group structures with a specific focus on...