... reinsurers when they consider ceding business offshore. Hong Kong is also an ideal location for Mainland companies, and especially state-owned enterprises (“SoEs”), to set up captive insurers. Having a captive insurer in Hong Kong can help a Mainland group pool the risks among its subsidiaries and associates...

... policies reaching a high premium amount (e.g. in some cases, the premium amount threshold was set over HKD 6 million). In addition, the threshold specified by most insurers was on a per policy basis without consideration on a per person basis, i.e. requirement to be triggered in respect of all the...

...; Episode 2: The Unveiling of Relationship Blind Spots   Episode 3: The Strange Case of Premium Payments   Episode 4: The Enigmas of Life Policy Replacement Comic Series: The Insurance Casebook of Detective Lun (Chinese only...

... generally 20% of the relevant premium income; or b. generally 20% of the relevant claims outstanding; or c....

... situation and after consultation with the industry, the IA sees the need for rolling out Phase 2 of the TFM with details of implementation set out below. Scope of products covered Phase 2 of the TFM will cover the following types of products – (i) Qualifying Deferred Annuity Policy (“QDAP”) (ii) Voluntary...

... situation and after consultation with the industry, the IA sees the need for rolling out Phase 2 of the TFM with details of implementation set out below. Scope of products covered Phase 2 of the TFM will cover the following types of products – (i) Qualifying Deferred Annuity Policy (“QDAP”) (ii) Voluntary...

... INDIVIDUAL NEW BUSINESS PREMIUM (IN HK$B) MCV Offshore (Other than MCVs) Onshore Type of Policies Taken Out by MCVs 17 Types of Policies 2014 (based on 2015 survey) 2016 (based on revamped quarterly returns) 2017 (based on revamped quarterly returns) Medical/Protection (e.g. whole life, term life, annuity...

... INDIVIDUAL NEW BUSINESS PREMIUM (IN HK$B) MCV Offshore (Other than MCVs) Onshore Type of Policies Taken Out by MCVs 17 Types of Policies 2014 (based on 2015 survey) 2016 (based on revamped quarterly returns) 2017 (based on revamped quarterly returns) Medical/Protection (e.g. whole life, term life, annuity...

... INDIVIDUAL NEW BUSINESS PREMIUM (IN HK$B) MCV Offshore (Other than MCVs) Onshore Type of Policies Taken Out by MCVs 17 Types of Policies 2014 (based on 2015 survey) 2016 (based on revamped quarterly returns) 2017 (based on revamped quarterly returns) Medical/Protection (e.g. whole life, term life, annuity...

... the IFS also be required? A8: The Applicant Declaration is required only where FNA and RPQ have been performed, or where affordability declaration is required (i.e. for regular premium payment). HKFI suggests Member Companies either produce a specific “top up” IFS or instruct their intermediaries to...