... claims reserving policy to be stated is in respect of its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a...

... guidelines. In practice, in determining the likelihood that the regulated person may engage in the same or similar type of conduct in the future the IA might, for example, consider whether any compliance gaps or non-compliant behaviors identified have been rectified. 30. One respondent suggested the addition...

... guidelines. In practice, in determining the likelihood that the regulated person may engage in the same or similar type of conduct in the future the IA might, for example, consider whether any compliance gaps or non-compliant behaviors identified have been rectified. 30. One respondent suggested the addition...

... warrant) that all information supplied, whether relating to ‘material’ matters or not, is totally (not simply substantially) true. For example, where a proposer for medical insurance enters ‘30’ as his current age on the proposal form when he is aged 31, this is a technical breach of the above kind of...

..., is totally (not simply substantially) true. For example, where a proposer for medical insurance enters ‘30’ as his current age on the proposal form when he is aged 31, this is a technical breach of the above kind of warranty, if any, although this inaccuracy is unlikely to be material in the eyes of...

... the proposer to declare (or warrant) that all information supplied, whether relating to ‘material’ matters or not, is totally (not simply substantially) true. For example, where a proposer for medical insurance enters ‘30’ as his current age on the proposal form when he is aged 31, this is a technical...

... included from the calculation. [For whole-life premium payment policies] As this policy involves whole-life premium payment, a 30- year period has been adopted for calculating both the total premiums and the total remuneration. [For policies sold through bank] In this statement, “bank” refers to a licensed...

... totally (not simply substantially) true. For example, where a proposer for medical insurance enters ‘30’ as his current age on the proposal form when he is aged 31, this is a technical breach of the above kind of warranty, if any, although this inaccuracy is unlikely to be material in the eyes of the...

... required data is recorded in the required format for bulk upload processing. The required data can be prepared with reference to the XML schema, which can be downloaded from the link “XML Schema for account”. A sample XML file “Sample XML for accounts” is also available as reference. 30 (2) From Type of...