... finance related analysis and research. It was compiled based on current industry practice and it is not exhaustive. The data sources in the repository were mainly produced by reputable international organisations, governments, academic institutions and not-for-profit organisations. The repository contains...

... 2.3%) while those of Individual Life and Annuity (Linked) business amounted to $25.7 billion (increased by 9.9%). Contributions of Retirement Scheme business reached $31.6 billion (increased by 73.6%). On new business, new office premiums (excluding Retirement Scheme business) of long term...

... compensation for an insured person on a reimbursement basis. To avoid unnecessary disputes, you should take note of the following points when making a claim. Be aware of the deadline for lodging a claim In general, admission solely for conducting diagnostic or laboratory tests, when there is no element of...

... insured amount if a policyholder requests additional cover, depending on their personal needs and the value of the possessions. The definition of the items covered in home contents differs among insurers, depending on the terms and conditions of the individual policy. In general, animals and...

... were 1,708 licensed insurance agencies, 78,522 licensed individual insurance agents and 23,894 licensed technical representatives (agent).  In addition, there were 811 licensed insurance broker companies and 10,507 licensed technical representatives (broker) on the same date. In 2022...

... “e-onboarding” 6 What about “e-onboarding”? IA to embark on a comprehensive review soon Stay tuned... 7 ...

... Charges: Some fees/charges will be deducted from the premiums you pay and/or your ILAS policy value, and will reduce the amount available for investment. Accordingly, the return on your ILAS policy as a whole may considerably be lower than the return of the underlying/reference funds you selected. For...

... Charges: Some fees/charges will be deducted from the premiums you pay and/or your ILAS policy value, and will reduce the amount available for investment. Accordingly, the return on your ILAS policy as a whole may considerably be lower than the return of the underlying/reference funds you selected. For...

... regulatory regime for licensed insurance agencies As you will be aware, the direct regulatory regime for licensed insurance intermediaries, as set out in the Insurance Ordinance (Cap. 41) (“Ordinance”) has been in effect for just over one year now, having commenced on 23 September 2019. Based on our...