Insurance Ordinance definition
Examples of Insurance Ordinance in a sentence
The insurance must be underwritten by an insurance company authorized by the Insurance Ordinance (Cap.
It is in the Licensee’s own interest to maintain at his own expense a public liability insurance policy exclusively for this Agreement with an insurance company authorized under the Insurance Ordinance (Cap.
If the vehicle was insured under another policy that was issued in accordance with the requirements of the Insurance Ordinance, the policyholder must notify the insurer of the same immediately after the double insurance has been arranged or immediately upon become aware of the same.
In the event of late or non-payment of premium we reserve the right to exercise our brokers’ lien arising out of our contractual relationship with you and/or under Section 71(5) of the Insurance Ordinance and/or Section 53(2) of the Marine Insurance Ordinance (Cap.
Nothing herein shall impair the obligation of the Issuer, which is absolute and unconditional, to pay the principal of and any premium and interest on the Bond according to its terms The Bonds are not a deposit and are not insured by the Deposit Insurance Scheme established under the Deposit Insurance Ordinance 1984.
The Seller shall ensure that the solvency ratio of the Company, calculated in accordance with the Insurance Ordinance in respect of its non-life business only and without taking into account any part of the Portfolio Consideration that may be received by the Company, shall not fall below 200% between the date of this Agreement and Closing or, if such solvency ratio falls below 200% during that period, shall procure that such solvency ratio is restored to 200% or above as at Closing.
In the event that the National Insurance Ordinance dated May 1st, 2018 applies, Producer shall make the National Insurance Payments on behalf of the Performer, pursuant to the National Insurance Appendix, between Shacham and the Producers Association, dated February 20nd, 2019.
FTLife is a company incorporated in Bermuda with limited liability which is an insurer authorized by the Insurance Authority of Hong Kong under the Insurance Ordinance (Chapter 41 of the Laws of Hong Kong) and is principally engaged in insurance business.
The principal function of the IA under the Insurance Ordinance (Cap.
Fund (Beistandskasse) The employees of KRONOS can become members of the Sick Scheme of ▇▇▇▇▇ ▇▇ pursuant to the provisions of the Social Insurance Ordinance.