... Developments for Insurance Intermediaries 64 Consumer Protection 74 Organisation and Management 80 Appendices 105 Calendar of Events 2014 This Annual Report covers the events occurred from 1 January 2014 to 31 December 2014. Currency and Exchange Rate All dollars expressed in this Report are Hong Kong dollars....

... immediatechanges in shareholder controller iscontrollers to whom section 13B applies are subject to IA’s prior approval under s.13Bno objection) (Form A/B in Schedule 5) X (Note: changes in controllershareholder controllers (other than a controller to whomwhere section 13B applies) are subject to notification...

... approval is required for appointment of controllers as defined under section 13A(12)(a)(ii)) (Form A in Schedule 4) Shareholder controller  (Note: changes in shareholder controllers to whom section 13B applies are subject to IA’s no objection) (Form A/B in Schedule 5) X (Note: changes in shareholder...

... 2011 4,658.5 863.2 19.7 8.6 6.8 11.0 19.1 25.0 14.8 1,139.7 88.8 29.9 18.8 19.1 8.5 7.7 1.1 1.1 2012 5,046.8 955.7 34.6 12.8 17.0 29.3 27.6 21.7 2,133.1 88.4 39.8 41.9 25.4 12.7 10.2 4.6 2013 5,271.1 1,009.0 39.3 19.4 34.6 40.2 15.1 2,557.7 144.5 80.3 38.2 18.2 4.4 4.3 2014 5,884.2 1,051.9 38.7 39.5...

... Customer Servicing iii. Marketing and Promotion iv. Insurance Sales v. Underwriting P2 of 2 vi. Policy Administration vii. Claims viii. Reinsurance ix. Actuarial Support x. Accounting and Investment xi. Training and Development V. STRUCTURE OF HONG KONG INSURANCE INDUSTRY i. Types of Insurance Business ii....

... Development ii. Customer Servicing iii. Marketing and Promotion iv. Insurance Sales v. Underwriting P2 of 2 vi. Policy Administration vii. Claims viii. Reinsurance ix. Actuarial Support x. Accounting and Investment xi. Training and Development V. STRUCTURE OF HONG KONG INSURANCE INDUSTRY i. Types of Insurance...

... Customer Servicing iii. Marketing and Promotion iv. Insurance Sales v. Underwriting P2 of 2 vi. Policy Administration vii. Claims viii. Reinsurance ix. Actuarial Support x. Accounting and Investment xi. Training and Development V. STRUCTURE OF HONG KONG INSURANCE INDUSTRY i. Types of Insurance Business ii....

... COMPANY i. Product Development ii. Customer Servicing iii. Marketing and Promotion iv. Insurance Sales v. Underwriting P2 of 2 vi. Policy Administration vii. Claims viii. Reinsurance ix. Actuarial Support x. Accounting and Investment xi. Training and Development V. STRUCTURE OF HONG KONG INSURANCE...

... Subrogation IV. CORE FUNCTIONS OF AN INSURANCE COMPANY i. Product Development ii. Customer Servicing iii. Marketing and Promotion iv. Insurance Sales v. Underwriting P2 of 2 vi. Policy Administration vii. Claims viii. Reinsurance ix. Actuarial Support x. Accounting and Investment xi. Training and Development...

..., if applicable, where the guaranteed annuity portion should not be less than the Minimum Guaranteed Portion shown in the table below: Minimum Guaranteed Portion x < 30 70% 30 ≤ x < 40 60% x ≥ 40 50% Where x = total number of years between (i) the commencement of accumulation period (i.e. premium...