... Payment Date Premium Applicable Levy Rate Premium x Levy Rate Maximum Levy* Levy Payable Remark HKD % HKD HKD HKD 1.1.2018 120,000 0.040 48.00 (40 x 18/12) 60.00 48.00 Maximum levy not reached 1.7.2019 120,000 0.060 72.00 (60 x 18/12) 90.00 72.00 Maximum levy not reached 1.1.2021 120,000 0.085 102.00 (85...
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/notes_on_collection_of_levy_on_insurance_premium.pdf -
Date: 2019-10-23
... 18/12) 60.00 48.00 Maximum levy not reached 1.7.2019 120,000 0.060 72.00 (60 x 18/12) 90.00 72.00 Maximum levy not reached 1.1.2021 120,000 0.085 102.00 (85 x 18/12) 127.50 102.00 Maximum levy not reached * Maximum levy = (Relevant Maximum Amount) x 18/12 months Case II: Long-term business policy...
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/Notes_on_collection_of_Levy_on_Insurance_Premiumv2.pdf -
Date: 2019-10-23
... 18/12) 60.00 48.00 Maximum levy not reached 1.7.2019 120,000 0.060 72.00 (60 x 18/12) 90.00 72.00 Maximum levy not reached 1.1.2021 120,000 0.085 102.00 (85 x 18/12) 127.50 102.00 Maximum levy not reached * Maximum levy = (Relevant Maximum Amount) x 18/12 months Case II: Long-term business policy...
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/Notes_on_collection_of_Levy_on_Insurance_Premium_v1.6.pdf -
Date: 2019-10-23
... be illustrated higher than the customer’s age at one-hundred (100) or the maturity of the policy, whichever is applicable. Besides, the last few rows should be illustrated by “at age 90”, “at age 95” and “at age 100" to make it easier for customers to understand. 3.3 The notes to illustration should...
https://www.ia.org.hk/english/legislative_framework/files/GL28_English.pdf -
Date: 2020-09-24
... be illustrated higher than the customer’s age at one-hundred (100) or the maturity of the policy, whichever is applicable. Besides, the last few rows should be illustrated by “at age 90”, “at age 95” and “at age 100" to make it easier for customers to understand. 3.3 The notes to illustration should...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Benefits_illustration.pdf -
Date: 2020-06-24
... be illustrated higher than the customer’s age at one-hundred (100) or the maturity of the policy, whichever is applicable. Besides, the last few rows should be illustrated by “at age 90”, “at age 95” and “at age 100" to make it easier for customers to understand. 3.3 The notes to illustration should...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL28.pdf -
Date: 2019-11-29
... reporting < Form > can be downloaded here @H on g Ko ng P ol ic e Fo rc e fo r Tr ai ni ng P ur po se O nl y 香 港 警 務 處 版 權 所 有 只 作 培 訓 用 途 Projected annual no. of STRs in 2015 13, 505 14, 557 15, 457 14, 838 16, 062 1 9,6 90 20, 287 23 ,28 2 37, 188 32, 907 0 10000 20000 30000 40000 2005 2006 2007 2008 2009...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/ppt20151109-03.pdf -
Date: 2021-11-12
... reporting < Form > can be downloaded here @H on g Ko ng P ol ic e Fo rc e fo r Tr ai ni ng P ur po se O nl y 香 港 警 務 處 版 權 所 有 只 作 培 訓 用 途 Projected annual no. of STRs in 2015 13, 505 14, 557 15, 457 14, 838 16, 062 1 9,6 90 20, 287 23 ,28 2 37, 188 32, 907 0 10000 20000 30000 40000 2005 2006 2007 2008 2009...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/ppt20151109-03.pdf -
Date: 2022-04-27
... up to 80-90% of the required premium (subject to the individual insurance product and /or financial institution), scale up their insurance policy value with the same amount of principal. So long as the policy return is greater than the loan interest, the policy holders can profit from the spread, or...
https://www.ia.org.hk/english/premium_financing/pros_and_cons.html -
Date: 2024-01-18