... be at least 10 years and reaches its maturity. The second one is “lifetime” or “whole life”, in which the annuity payment will be distributed as a stream of lifelong income without a fixed duration until the insured passes away. However, it should be noted that even with the...

... industry. Industry and public consultation on over 10 sets of rules, codes and guidelines is expected to be launched in the second half of 2018. Meanwhile, we are recruiting new staff to take up licensing, investigation and disciplinary work arising from the new regime. 5 Growth of Insurtech and Regulator’s...