... 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...

... increasingly used as an alternative channel for distribution of insurance products in Hong Kong. Such convergence of financial services has created a model of “one-stop shop”, a retail financial institution that offers an array of financial services. Notwithstanding that “bancassurance” seems to be a bonanza...

... writing marine and specialty risk insurance. • Expanded the scope of insurable risks for captives and drew up a conceptual model for the issuance of insurance- linked securities in Hong Kong. • Pursued the setting up of post-sale service centres by local insurers and the development of innovative cross-...

... increasingly used as an alternative channel for distribution of insurance products in Hong Kong. Such convergence of financial services has created a model of “one-stop shop”, a retail financial institution that offers an array of financial services. Notwithstanding that “bancassurance” seems to be a bonanza...

... increasingly used as an alternative channel for distribution of insurance products in Hong Kong. Such convergence of financial services has created a model of “one-stop shop”, a retail financial institution that offers an array of financial services. Notwithstanding that “bancassurance” seems to be a bonanza...