... visitors were critical illness, whole life and medical policies, representing 58%, 33% and 3% of new policies taken out by them respectively. On method of premium payment, about 99% of new policies taken out by Mainland visitors were settled at regular intervals, i.e. non-single premium...

... protective in nature, such as critical illness, medical, whole life, term life and annuity products. In terms of premium payment pattern, about 99% of the policies were paid at regular intervals, i.e. non-single premiums. General business In 2018, the gross and net premiums of...

... of 8.0% to HK$59,869 million in 2020. Overall underwriting profit reached HK$2,336 million, up from HK$869 million in 2019. The market was able to achieve premium growth during this difficult time due to positive contributions from Property Damage, General Liability and Pecuniary Loss business. Rates...

... vehicle2 and share third-party liability compensation exceeding RMB 200,0003. Choosing the suitable insurance product There are different levels of sum insured and premium among the various Commercial Motor Insurance products in the market. The liability limits for “Commercial...

... quotation which is issued by the broker company to the policy holder, or in the premium debit note, invoice or similar document issued by the broker company to the policy holder for the purpose of collecting the premium from the policy holder. (e) “individual appointed as controller”, in relation to an...

... quotation which is issued by the broker company to the policy holder, or in the premium debit note, invoice or similar document issued by the broker company to the policy holder for the purpose of collecting the premium from the policy holder. (e) “individual appointed as controller”, in relation to an...

... quotation which is issued by the broker company to the policy holder, or in the premium debit note, invoice or similar document issued by the broker company to the policy holder for the purpose of collecting the premium from the policy holder. (e) “individual appointed as controller”, in relation to an...

... monies is reconciled with the client money requirement, and (b) Client money requirement shall mean the amount of client monies which the insurance brokers should have in the bank account, i.e. the difference between the “net premium or claims payable in respect of clients under the insurance broking...

...) The ledger balance of client monies is reconciled with the client money requirement, and (b) Client money requirement shall mean the amount of client monies which the insurance brokers should have in the bank account, i.e. the difference between the “net premium or claims payable in respect of clients...