IIQE (HK) cheat sheet
IIQE (HK) · Keep the key ideas within reach.
Hong Kong insurance foundations: risk, contracts, products and conduct
Separate risk control from contractual transfer.
Read coverage, exclusions, conditions and limits together.
Underwriting and claims answer different questions.
The selected principles/general-insurance foundations do not replace every IIQE paper.
Read the actual coverage, limits, exclusions and duties.
Insurance transfers specified financial consequences, not the physical hazard itself.
Claims calculations require an explicit deductible and limit convention.
Reinsurance does not automatically release the original insurer from its policyholder obligation.