... sue the principal for any loss of the profit expected from performing the agreement during the remainder period. (d) Death: Because an agency relationship is a personal one, the death of either the principal or the agent will end the agreement. Should either party be a corporate body (company), its...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/sn-tia-2014.pdf -
Date: 2019-12-02
... (e.g. spouse or child support or alimony), including but not limited to the stability, the sustainable period and the magnitude of those income streams, (e.g. target retirement age from a salaried job, target sales of the business or interest-earning assets or target closure of the business); 12.3 types...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4_CIB_GN4_on_Cond_KYC_Proced_for_LT_Ins_Busi_v4_13_10_2015_eg19.pdf -
Date: 2019-12-20
... resultant effect of such an allocation has a significant effect on the underwriting results from one accounting period to the next. 4 (a) assumptions used in the valuation process and the justifications therefor; (b) definition of terms and expressions used in the report that may be ambiguous or subject to...
https://www.ia.org.hk/english/legislative_framework/files/GL9.pdf -
Date: 2020-09-24
... escalation to claims personnel with higher authority when the timeframes are exceeded. This enables focus to be put on claims which go beyond the pre-set timeframes, so that the insurer can assess whether the longer period for handling the claim is justified, and what can be done to expedite matters....
https://www.ia.org.hk/english/legislative_framework/Conduct_in_Focus_Issue_07_(Special_Supplement_02).html -
Date: 2023-05-12
... principal for any loss of the profit expected from performing the agreement during the remainder period. (d) Death: Because an agency relationship is a personal one, the death of either the principal or the agent will end the agreement. Should either party be a corporate body (company), its liquidation will...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/13.sn-TIA-2017_eng.pdf -
Date: 2019-12-02
... agreement during the remainder period. (d) Death: Because an agency relationship is a personal one, the death of either the principal or the agent will end the agreement. Should either party be a corporate body (company), its liquidation will have the same effect. (e) Insanity: If either the principal or...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P6_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
... record-keeping period from “six years” to “at least five years”. 10 Local Legislative Development – Companies (Amendment) Ordinance 2018 Implemented on 1 March 2018 To require companies incorporated in Hong Kong: To take reasonable steps to ascertain the individuals who (and where applicable the legal...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/20180605_ppt.pdf -
Date: 2021-11-12
... than doubling the amount in the corresponding period of 2017, and a record-breaking 66 transactions were executed during the same quarter. With the adventurous disposition of Hong Kong people, there is tremendous potential in Insurtech given that less than 1% of new life insurance premiums in Hong Kong...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2018.pdf -
Date: 2021-12-09
... than doubling the amount in the corresponding period of 2017, and a record-breaking 66 transactions were executed during the same quarter. With the adventurous disposition of Hong Kong people, there is tremendous potential in Insurtech given that less than 1% of new life insurance premiums in Hong Kong...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2018.pdf -
Date: 2021-09-08
... record-keeping period from “six years” to “at least five years”. 10 Local Legislative Development – Companies (Amendment) Ordinance 2018 Implemented on 1 March 2018 To require companies incorporated in Hong Kong: To take reasonable steps to ascertain the individuals who (and where applicable the legal...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/20180605_ppt.pdf -
Date: 2022-04-27