... 主席的話 Chairman’s Message 第一章 保險業監管局 Chapter 1 About the Insurance Authority 第二章 機構管治 Chapter 2 Corporate Governance 第三章 2016-17年度主要工作 Chapter 3 Major Initiatives in 2016-17 第四章 展望 Chapter 4 Outlook 報告及財務報表 Reports and Financial Statements 附錄 Appendices 2 6 10 14 20 24 44 目錄 Contents 2 保險業監管局 Insuran...

... ceiling is $8,000 per insured person per year, irrespective of the number of policies that cover the insured person. However, there is no cap on the number of specified relatives who are eligible for tax deductions. For instance, if the taxpayer purchases a total of four policies for four insured persons...

...) deal appropriately with any exceptions as per section 4.6 below. Special consideration is required where business is introduced by an insurance broker. It is important that in performing the Suitability Check and dealing with any exceptions as per Section 4.6 below, the applicant(s) fully understand...

... disciplinary action includes the imposition of a pecuniary penalty (i.e. a fine). As per the CPD Penalty Framework, if an individual licensee fails to complete the requisite number of CPD hours, this will impact his or her fitness and properness exposing him or her to disciplinary action by the IA. If the IA...

... reporting requirements are administrative in nature, contravention (per the Ordinance) may constitute an offence. Our preference would be not to have to divert resources to enforcing such contraventions, but for that to happen it will be important to see compliance with these requirements going forward....

... the minimum guaranteed crediting interest rates prescribed under the policy. If the policy does not offer any minimum guaranteed crediting interest rate, a conservative crediting interest rate of 0% per annum should be used. The second one is based on the current assumed crediting interest rate (i.e....

... (Mid-year) 7,024,200 7,071,600 7,154,600 Per capita GDP (at current market prices) $ 252,952 273,783 285,403 INSURANCE MARKET STRUCTURE Number of Authorised Insurers Long Term 46 45 44 General 103 98 92 Composite 19 20 19 Total 168 163 155 Number of Authorised Insurance Brokers1 582 591 604 Number of Chief...

... (Mid-year) 7,024,200 7,071,600 7,154,600 Per capita GDP (at current market prices) $ 252,952 273,783 285,403 INSURANCE MARKET STRUCTURE Number of Authorised Insurers Long Term 46 45 44 General 103 98 92 Composite 19 20 19 Total 168 163 155 Number of Authorised Insurance Brokers1 582 591 604 Number of Chief...

... (Mid-year) 7,024,200 7,071,600 7,154,600 Per capita GDP (at current market prices) $ 252,952 273,783 285,403 INSURANCE MARKET STRUCTURE Number of Authorised Insurers Long Term 46 45 44 General 103 98 92 Composite 19 20 19 Total 168 163 155 Number of Authorised Insurance Brokers1 582 591 604 Number of Chief...

... 1 Insurance Authority (“IA”) Circular providing interpretation notes (“Circular”) relating to the Guideline on Sale of Investment-Linked Assurance Scheme (“ILAS”) Products The Insurance Authority (“IA”) issues this Circular with the aim of providing further guidance to authorized insurers and licen...