...: DD/MM/YYYY Standard Illustration for ILAS Policies X Y Z LIFE ASSURANCE COMPANY LIMITED IMPORTANT: THIS IS A SUMMARY ILLUSTRATION OF THE SURRENDER VALUES AND DEATH BENEFITS OF [NAME OF PRODUCT]. IT IS INTENDED TO SHOW THE IMPACT OF FEES AND CHARGES ON SURRENDER VALUES AND DEATH BENEFITS BASED ON THE...

...: DD/MM/YYYY Standard Illustration for ILAS Policies X Y Z LIFE ASSURANCE COMPANY LIMITED IMPORTANT: THIS IS A SUMMARY ILLUSTRATION OF THE SURRENDER VALUES AND DEATH BENEFITS OF [NAME OF PRODUCT]. IT IS INTENDED TO SHOW THE IMPACT OF FEES AND CHARGES ON SURRENDER VALUES AND DEATH BENEFITS BASED ON THE...

...: DD/MM/YYYY Standard Illustration for ILAS Policies X Y Z LIFE ASSURANCE COMPANY LIMITED IMPORTANT: THIS IS A SUMMARY ILLUSTRATION OF THE SURRENDER VALUES AND DEATH BENEFITS OF [NAME OF PRODUCT]. IT IS INTENDED TO SHOW THE IMPACT OF FEES AND CHARGES ON SURRENDER VALUES AND DEATH BENEFITS BASED ON THE...

... return scenarios: Probabilities Return of Fund A Return of Fund B 0.2 20% 20% 0.7 25% 40% 0.1 5% -10% Expected return of Fund A: (0.2 x 20%) + (0.7 x 25%) + (0.1 x 5%) = 22% Expected return of Fund B: (0.2 x 20%) + (0.7 x 40%) + [0.1 x (-10%)] = 31% The volatilities of both funds are: Probabilities...

... insurer with statutory business General business insurer without statutory business 20 10 20 10 (I) Assume ‘X’ represents the greater of the Relevant Premium Income and the Relevant Claims Outstanding. (a) If ‘X’  HK$200 million, the Relevant Amount is :- 20% of ‘X’ (b) If ‘X’  HK$200 million, the...