... labour (factor services) to the business sector in return of wages. These two sectors can be illustrated in the following diagram:- ( Households ) Product Factor Market Market ( Firms ) However, the above model excludes the government sector and foreign sector. The government sector receives taxes from...

... wages. These two sectors can be illustrated in the following diagram:- Product Factor Market Market Households Firms Price Quantity P* Q* Demand Curve Supply Curve 2/15 However, the above model excludes the government sector and foreign sector. The government sector receives taxes from the household and...

... for policyholders to close The origin of life insurance can be traced back to ancient Rome. Citizens in Rome formed ‘burial clubs’ in which the club would help finance the funeral and pay burial-related costs for members who pass away1y1y . In a sense, burial clubs could be viewed as a primary model...

... for policyholders to close The origin of life insurance can be traced back to ancient Rome. Citizens in Rome formed ‘burial clubs’ in which the club would help finance the funeral and pay burial-related costs for members who pass away1y1y . In a sense, burial clubs could be viewed as a primary model...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... Office of the Commissioner of Insurance 2015 Annual Report ANNUAL REPORT Supervision • Protection • Development 2015 Contents Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 Work of the Insurance Authority 15 General Insurance Busine...

... Office of the Commissioner of Insurance 2015 Annual Report ANNUAL REPORT Supervision • Protection • Development 2015 Contents Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 Work of the Insurance Authority 15 General Insurance Busine...

... Office of the Commissioner of Insurance 2015 Annual Report ANNUAL REPORT Supervision • Protection • Development 2015 Contents Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 Work of the Insurance Authority 15 General Insurance Busine...