... actively engaged with representatives of the Hong Kong Federation of Insurers and the Actuarial Society of Hong Kong through Industry Focus Groups (IFGs) for Pillar 1 Life and General Insurance Businesses. The IFGs have discussed on technical issues and provided invaluable inputs in developing the relevant...

... framework will be founded on three pillars: a) Pillar 1: Pillar 1 will establish capital requirements which a holding company of an insurance group (designated insurance holding company) would be expected to ensure its insurance group meets. The capital requirements will consist of two levels comprising a...

... g c o mp a n y P R OF OR M A R E V E NU E A CC O UN T O F HO N G K ON G B R A NCH F O R T H E Y E A R E N DI N G O N _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Classes of General Business TOTAL Notes: A) PREMIUMS WRITTEN Gross premiums receivable A1) Direct underwriting A2) Reinsurance accepted A3...

... g c o mp a n y P R OF OR M A R E V E NU E A CC O UN T O F HO N G K ON G B R A NCH F O R T H E Y E A R E N DI N G O N _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Classes of General Business TOTAL Notes: A) PREMIUMS WRITTEN Gross premiums receivable A1) Direct underwriting A2) Reinsurance accepted A3...

... g c o mp a n y P R OF OR M A R E V E NU E A CC O UN T O F HO N G K ON G B R A NCH F O R T H E Y E A R E N DI N G O N _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Classes of General Business TOTAL Notes: A) PREMIUMS WRITTEN Gross premiums receivable A1) Direct underwriting A2) Reinsurance accepted A3...

... assessment 2019/20. $15,000 Annual income $180,000 $20,000 Annual income $240,000 $30,000 Annual income $360,000 $60,000 Annual income $720,000 $60,000 Annual income $720,000 Tax savings The following table provides an example of the potential annual tax savings for individuals with di�erent incomes and tax...

... assessment 2019/20. $15,000 Annual income $180,000 $20,000 Annual income $240,000 $30,000 Annual income $360,000 $60,000 Annual income $720,000 $60,000 Annual income $720,000 Tax savings The following table provides an example of the potential annual tax savings for individuals with di�erent incomes and tax...

... assessment 2019/20. $15,000 Annual income $180,000 $20,000 Annual income $240,000 $30,000 Annual income $360,000 $60,000 Annual income $720,000 $60,000 Annual income $720,000 Tax savings The following table provides an example of the potential annual tax savings for individuals with di�erent incomes and tax...

... exempt from the licensing requirement. Q7: Is a staff member of the Claims Department required to be licensed to discharge duties such as maintenance of Claims Registers, claims data input, liaison with loss adjusters and seeking claims recovery from third parties or reinsurers? A7: Maintenance of Claims...

... exempt from the licensing requirement. Q7: Is a staff member of the Claims Department required to be licensed to discharge duties such as maintenance of Claims Registers, claims data input, liaison with loss adjusters and seeking claims recovery from third parties or reinsurers? A7: Maintenance of Claims...