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

... routinely or in response to a request, and lays down procedures governing its prompt release. The Code authorizes and requires IA staff, routinely or on request, to provide information unless there are specific reasons for not doing so. These reasons are set out in Part 2 and will normally be cited if a...

... 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...

... of the Activity-Based Regime 3. Exemptions 4. FAQs 3 1. Introduction 1.1. This Explanatory Note (“Note”), which includes a set of frequently-asked questions (“FAQs”) (see paragraph 4), is issued by the Insurance Authority (“IA”) to provide guidance on the licensing requirements and relevant...

... of the Activity-Based Regime 3. Exemptions 4. FAQs 3 1. Introduction 1.1. This Explanatory Note (“Note”), which includes a set of frequently-asked questions (“FAQs”) (see paragraph 4), is issued by the Insurance Authority (“IA”) to provide guidance on the licensing requirements and relevant...