... replacement： a) You could be paying the policy set-up cost TWICE – the set-up cost is usually two years premiums or 10% of single premium of the basic life insurance policy replaced/to be replaced (This is for reference only; the Agent/Broker should advise you of the estimated loss for this replacement...

... that the minimum number of CPD hours per year be increased from 10 to 15 including a minimum of 3 CPD hours on “Ethics or Regulations” topics. Transitional arrangements will apply;  It is proposed that online courses be accepted as Qualified CPD Activities up to a maximum of 5 hours per year; and  It...

... incurred when someone is diagnosed with a critical illness, regardless of congenital causes; longevity risk relates to the risk incurred when someone’s retirement reserves are inadequate to sustain his/her living standard owing to a longer than expected lifespan. 10. McKinsey&Company (2018). Life insurance...

... incurred when someone is diagnosed with a critical illness, regardless of congenital causes; longevity risk relates to the risk incurred when someone’s retirement reserves are inadequate to sustain his/her living standard owing to a longer than expected lifespan. 10. McKinsey&Company (2018). Life insurance...

...? A9 Only submission via LISA will be required for all returns on the Levy collection. Q10 What are the differences between the 2 submission methods allowed in LISA...

... of financial products for sale to retail investors, and debarring constituent funds of Mandatory Provident Fund Schemes (“MPF funds”) from investing in ILS. 10. As such, the intent of the Insurance (Amendment) Ordinance 2020 is to confine the sale of ILS to qualified investors, which will be...

... 10 December 2001 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, Non-cooperative Countries and Territories & United States Executive Order 13224...

... on Schedule 2 to the AMLO • Relaxing the threshold of defining beneficial ownership from the current “not less than 10%” to “more than 25%” • Introducing flexibility to measures permitted to be taken for verifying a customer’s identity Anti-Money Laundering and Counter-Terrorist Financing (Financial...

... 1 2020 金融街論壇年會 2020 年 10 月 22 日 保險業監管局主席鄭慕智博士 發言題目：保險業應對疫情的功能及後疫情時代保險業的發展趨勢 各位嘉賓、各位線上的朋友： 上午好﹗我非常榮幸今天能出席「金融街論壇年會」，雖然因為疫情 的關係，我不能親赴北京參加會議，不過我很高興能在線上與大家探討一下 新冠病毒疫情對香港保險行業的影響、香港保險業監管局（「香港保監局」） 所面對的挑戰，和香港保險行業未來發展的方向。 新冠疫情現況 到了今天，全球已經有超過三千五百萬人感染新冠病毒，連不少海外政要也 不能倖免。國際貨幣基金組織（IMF）預期，疫情將引發上世紀三十年代大 蕭條以來最嚴重...