... long term business were $258.7 billion in the first half of 2023 (decreased by 2.2%), mainly comprising $227.5 billion from Individual Life and Annuity (Non-Linked) business (increased by 3.1%), $12.7 billion from Individual Life and Annuity (Linked) business (decreased by 15.9%), as well as $14.8...

...) business (increased by 12.8%) and $30.8 billion from Linked business (increased by 140.7%). Around 47,000 Qualifying Deferred Annuity Policies were issued, attracting $3.5 billion in terms of premiums that represent 2.1% of the total for individual businesses. New business derived from Mainland...

... by 7.4%). New office premiums (excluding Retirement Scheme business) of long term business were $146.5 billion (increased by 30.6%), made up of $137.3 billion from Individual Life and Annuity (Non-Linked) business (increased by 37.4%) and $9 billion from Individual Life and Annuity (Linked...

... category II 7 8 15 I Retirement scheme management category III 20 21 41 1 Accident 61 29 90 2 Sickness 58 23 81 3 Land vehicles 49 23 72 4 Railway rolling stock 50 29 79 5 Aircraft 26 22 48 6 Ships 52 32 84 7 Goods in transit 56 30 86 8 Fire and natural forces 60 25 85 9 Damage to property 60 25 85 10...

... category II 7 8 15 I Retirement scheme management category III 20 21 41 1 Accident 61 29 90 2 Sickness 58 23 81 3 Land vehicles 49 23 72 4 Railway rolling stock 50 29 79 5 Aircraft 26 22 48 6 Ships 52 32 84 7 Goods in transit 56 30 86 8 Fire and natural forces 60 25 85 9 Damage to property 60 25 85 10...

... The Insurance Authority reprimands and bans Yam Wai Shu for 5 months 7 Jul 2021 The Insurance Authority (“IA”) has reprimanded Yam Wai Shu, a former individual insurance agent appointed by Prudential Hong Kong Limited (&ldquo...

... Code of Practice for the Administration of Insurance Agents 《保險代理管理守則》 Other Codes/Guidelines 其他守則/指引 1. Effecting policy without authority 未經授權為客戶投購保險 5 years 五年 (6th) 71/75 & 49(d) (7th) 74/78 & 58(g) 2. Mishandling of clients’ premium or monies 不當處理客戶保費或款項 5 years 五年 (6th) 71/75 & 49(d) Guidance...

... the first half of 2018, with total gross premiums reaching $253.7 billion, indicating an increase of 7.2% over the corresponding period in 2017. (Percentage changes in brackets in the following paragraphs represent changes over the corresponding period of last year) Long...

... Net Claims Paid Net Claims Incurred Unexpired Risks Adjustment Management Expenses Underwriting Profit/(Loss) 12,438,354 9,665,954 8,511,600 1,667,606 1,031,622 7,277,111 5,820,573 5,982,651 2,843 1,265,313 229,171 4,739,816 4,008,222 3,603,153 1,513,413 1,289,338 2,437,495 1,965,363 2,299,324 6,989...

... (decreased by 15.9%), including $137.9 billion from Individual Life (Non-Linked) business (decreased by 20.5%) and $12.7 billion from Linked business (increased by 123.2%). The total number of new policies was 1.3 million in 2017 (minimal change). General business In 2017, the total...