... Business Statistics 2018 Slight discrepancies may be found in the same type of figures in different statistical tables due to rounding off. A total of 106 insurers submitted their Hong Kong General Business Returns with annual accounting basis for 2018, which are covered in these statistics (see Appendix 1...

... of the insurance products concerned before the customers make a purchase decision. The upfront disclosure should include, where applicable, objective(s); type and nature of the policy; target benefit period; payment period; level of premiums payable; prominent warning to the customer concerning...

... of the insurance products concerned before the customers make a purchase decision. The upfront disclosure should include, where applicable, objective(s); type and nature of the policy; target benefit period; payment period; level of premiums payable; prominent warning to the customer concerning...

... that he/ she/ it is guilty of misconduct or is not fit and proper. One type of disciplinary action that the IA may take is ordering a person to pay a pecuniary penalty not exceeding the amount which is the greater of (i) HK$10 million; or (ii) 3 times the amount of the profit gained or loss avoided by...

... that he/ she/ it is guilty of misconduct or is not fit and proper. One type of disciplinary action that the IA may take is ordering a person to pay a pecuniary penalty not exceeding the amount which is the greater of (i) HK$10 million; or (ii) 3 times the amount of the profit gained or loss avoided by...

... popular than variable life, owing to its flexibility. In Hong Kong, investment-linked annuities are not commonly found. The most popular type of investment-linked insurance product is flexible premium variable life insurance (also called "variable universal life" or "universal variable life"). 1.2 CONCEPT...

... characteristics of variable life policies. Variable universal life has increasingly become more popular than variable life, owing to its flexibility. In Hong Kong, investment-linked annuities are not commonly found. The most popular type of investment-linked insurance product is flexible premium variable life...

... The most popular type of investment-linked insurance product is flexible premium variable life insurance (also called "variable universal life" or "universal variable life"). 1.2 CONCEPT As mentioned in the previous section, investment-linked insurance policies are insurance policies with its policy...

...) Size and type of insurance business, and targeted users iii) Technology involved iv) Expected outcome and success criteria of the trial B. Risk management controls C. Customer protection D. Resources and readiness of the insurer E. Exit strategy 19 “Fast Track” • A dedicated queue for new authorization...

... authorities and/or law enforcement agencies during the investigation of the contravention; and (iv) the likelihood that the insurance institution will commit the same type of contravention in the future if no or a lighter penalty is imposed. (c) The previous disciplinary record and compliance history of the...