... Life insurance is designed primarily to transfer the financial risk incurred by the death of insured persons. It minimises the impact of their death on their dependents, especially if the insured persons are the primary breadwinners in the family, by providing their dependents with a death benefit...

... slightly improved as compared with 2017 despite the impact of Typhoon Mangkhut in 2018. In 2017, the impact of Typhoon Hato on Property Damage business resulted in a loss of $1.2 billion, which was the largest contributor of underwriting loss for 2017. However, in 2018, Property Damage business resumed...

... carries on insurance business and the classes of business carried on in each country. If the classes of business do not correspond with the classification set out in Schedule 1, the equivalent or nearest Hong Kong classification must be given. country classes of insurance business 16. Whether any...

... preliminary meetings with the Insurance Authority before submitting the formal application. (b) The company should not commence to carry on any insurance business in or from Hong Kong, or make any press announcement, until its application has been approved. Any failure to observe this requirement will...

... carries on insurance business and the classes of business carried on in each country. If the classes of business do not correspond with the classification set out in Schedule 1, the equivalent or nearest Hong Kong classification must be given. country classes of insurance business 16. Whether any...

... preliminary meetings with the Insurance Authority before submitting the formal application. (b) The company should not commence to carry on any insurance business in or from Hong Kong, or make any press announcement, until its application has been approved. Any failure to observe this requirement will...

... carries on insurance business and the classes of business carried on in each country. If the classes of business do not correspond with the classification set out in Schedule 1, the equivalent or nearest Hong Kong classification must be given. country classes of insurance business 16. Whether any...

... preliminary meetings with the Insurance Authority before submitting the formal application. (b) The company should not commence to carry on any insurance business in or from Hong Kong, or make any press announcement, until its application has been approved. Any failure to observe this requirement will...