... future is best told by methodical analysis based on experience, or more precisely put, past data. However, enormous changes that took place over the past 11 months have demonstrated the limitation of this postulation as what we are now facing is truly unprecedented. I am no clairvoyant, but it might 1 Mr...

..., disability, or long-term care cover). The insurance products that you can purchase online on your own are mainly protection-oriented, short term, or have a simple product structure, including the following: 1 The insurance industry is actively developing insurance technology (InsurTech) and exploring various...

... industry. In developing the QIS 3 package, the IA has worked on the industry data collected from the Second Quantitative Impact Study (QIS 2), and engaged representatives of the Hong Kong Federation of Insurers and the Actuarial Society of Hong Kong for technical discussion, including the approach for...

...) and exploring various electronic distribution channels to improve the customer experience and satisfy the insurance needs of consumers. Now, policy holders can purchase insurance products on an insurer’s digital sales platform on their own, using a computer or mobile app. Insurance products purchased...

... 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...

... and diverse - it covers 45 million square kilometres or 30% of total land area on this planet, and is the home to 4.5 billion people or roughly 60% of the global population. There are 48 nations with different cultural backgrounds, religious beliefs and states of development. As a local guy born and...

... Microsoft Word - Disciplinary Fining Guidelines _English_.doc GL3A GUIDELINE ON EXERCISING POWER TO IMPOSE PECUNIARY PENALTY IN RESPECT OF ANTI-MONEY LAUNDERING AND COUNTER- TERRORIST FINANCING (For authorized insurers and reinsurers carrying on long term business, and licensed individual...

... and diverse - it covers 45 million square kilometres or 30% of total land area on this planet, and is the home to 4.5 billion people or roughly 60% of the global population. There are 48 nations with different cultural backgrounds, religious beliefs and states of development. As a local guy born and...

... Microsoft Word - Disciplinary Fining Guidelines _English_.doc GL3A GUIDELINE ON EXERCISING POWER TO IMPOSE PECUNIARY PENALTY IN RESPECT OF ANTI-MONEY LAUNDERING AND COUNTER- TERRORIST FINANCING (For authorized insurers and reinsurers carrying on long term business, and licensed individual...

...) and exploring various electronic distribution channels to improve the customer experience and satisfy the insurance needs of consumers. Now, policy holders can purchase insurance products on an insurer’s digital sales platform on their own, using a computer or mobile app. Insurance products purchased...