... Solvency Assessment, so as to fulfill the Pillar 2 or qualitative requirements of the RBC Regime. We aim to conduct a consultation on the draft guideline later this year, with a view to starting implementing the ERM framework in early 2020. There will be direct linkage between the riskiness of investments...

... value at the time of death. Who should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h...

... 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...

... - END - June 2017 A n n e x A – P a g e 1/4 Pages A n n ex A Projected Financial Statements for a company incorporated in Hong Kong PROFORMA REVENUE ACCOUNT FOR THE YEAR ENDING ON _____________________ Classes of General Business TOTAL Notes: A) PREMIUMS WRITTEN Gross premiums receivable A1) Direct...

... - END - June 2017 A n n e x A – P a g e 1/4 Pages A n n ex A Projected Financial Statements for a company incorporated in Hong Kong PROFORMA REVENUE ACCOUNT FOR THE YEAR ENDING ON _____________________ Classes of General Business TOTAL Notes: A) PREMIUMS WRITTEN Gross premiums receivable A1) Direct...

... - END - June 2017 A n n e x A – P a g e 1/4 Pages A n n ex A Projected Financial Statements for a company incorporated in Hong Kong PROFORMA REVENUE ACCOUNT FOR THE YEAR ENDING ON _____________________ Classes of General Business TOTAL Notes: A) PREMIUMS WRITTEN Gross premiums receivable A1) Direct...

... information provided to the IA in support of the Sandbox application. (x) Appropriate training should be provided to the intermediaries before they are allowed to use the VC facilities. (xi) Notifying the IA forthwith of – a. any sudden surge of complaints arising from the operation; b. the need to trigger...

...) 1/8 Case 1 - Insured’s responsibility for betterment contribution to cost of reinstatement The insured vehicle was damaged in an accident. The repair cost was agreed at HK$73,000, of which the insurer requested the insured to bear HK$10,000 for an excess and HK$13,000 for depreciation. The insured...

...) 1/8 Case 1 - Insured’s responsibility for betterment contribution to cost of reinstatement The insured vehicle was damaged in an accident. The repair cost was agreed at HK$73,000, of which the insurer requested the insured to bear HK$10,000 for an excess and HK$13,000 for depreciation. The insured...

... upon wear and tear of its brakes, only the destruction of the brakes will be caught by the exclusion.) Case 1 - Insured’s responsibility for betterment contribution to cost of reinstatement The insured vehicle was damaged in an accident. The repair cost was agreed at HK$73,000, of which the insurer...