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... available for investment will be lower than your premiums paid. The upfront charge is calculated as follows: Upfront Charge = Premiums received X Upfront Charge % Policy year Upfront charge % % of premium received available for investment after upfront charge 1 A% (100 – A)% 2 B% (100 – B)% 3 C% (100 – C...
https://www.ia.org.hk/english/legislative_framework/files/Appendix_1.docx - Date: 2020-09-24
... available for investment will be lower than your premiums paid. The upfront charge is calculated as follows: Upfront Charge = Premiums received X Upfront Charge % Policy year Upfront charge % % of premium received available for investment after upfront charge 1 A% (100 – A)% 2 B% (100 – B)% 3 C% (100 – C...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL26_Appendix_1_Eng.docx - Date: 2020-06-24
... (Percentage figures shown in brackets represent year-on-year changes) Long term business Total revenue premiums of in-force long term business were $139.1 billion in the first quarter of 2021 (decreased by 5.2%), mainly comprising $113.3 billion from Individual Life and Annuity...
https://www.ia.org.hk/english/infocenter/press_releases/20210531_1.html - Date: 2021-09-03
... April 2021 / Note on Authorization and Annual Fees v.2.1 Page 1 INSURANCE AUTHORITY Note on Authorization and Annual Fees INTRODUCTION Section 13 of the Insurance Ordinance (Cap. 41) provides that every authorized insurer has to pay the prescribed fees (“Fees”) to the Insurance Authority (the...
https://www.ia.org.hk/english/aboutus/role/files/2021.EngNotes_.pdf - Date: 2021-09-13
... HKGIBS_2020.xlsx 1 1 2 2 3 3 4 4 直接業務 (總額) Direct Business (Total) 新會計政策 舊會計政策 新會計政策 舊會計政策 New Accounting Policy Old Accounting Policy New Accounting Policy Old Accounting Policy 未決申索準備金毛額 (百萬元) 4,413.2 2,832.2 2,615.2 2,317.5 Gross Outstanding Claims Provision ($m) 4,413.2 2,832.2 2,615.2 2,317.5...
https://www.ia.org.hk/english/infocenter/statistics/files/HKGIBS_2020.pdf - Date: 2021-10-07
... the period from January 2018 to July 2020: Convoy Financial Services Limited paid $1,870,060.40 of its client monies into the client account of Convoy Financial Solutions Limited; Convoy Financial Solutions Services Limited paid $100,974.76 of its client monies into the...
https://www.ia.org.hk/english/infocenter/press_releases/20230330.html - Date: 2023-03-30
...,999 9,999,999 9,999,999 9,999,999 9,999,999 2 3 4 5 10 15 …. At age 90 At age 95 At age 100 3b. Basic Plan – Illustration Summary of Death Benefits Projected Death Benefits End of Policy Year Total Premiums Paid Assuming Net Rate of Return of 0% p.a.* Assuming Net Rate of Return of [3%] p.a.* Assuming...
https://www.ia.org.hk/english/legislative_framework/files/GL28_English.pdf - Date: 2020-09-24
...,999 9,999,999 9,999,999 9,999,999 9,999,999 2 3 4 5 10 15 …. At age 90 At age 95 At age 100 3b. Basic Plan – Illustration Summary of Death Benefits Projected Death Benefits End of Policy Year Total Premiums Paid Assuming Net Rate of Return of 0% p.a.* Assuming Net Rate of Return of [3%] p.a.* Assuming...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Benefits_illustration.pdf - Date: 2020-06-24
[PDF] GL28.pdf
...,999 9,999,999 9,999,999 9,999,999 9,999,999 2 3 4 5 10 15 …. At age 90 At age 95 At age 100 3b. Basic Plan – Illustration Summary of Death Benefits Projected Death Benefits End of Policy Year Total Premiums Paid Assuming Net Rate of Return of 0% p.a.* Assuming Net Rate of Return of [3%] p.a.* Assuming...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL28.pdf - Date: 2019-11-29
... 保單數目 No. of Policies 保單數目 No. of Policies 保單數目 No. of Policies 保單數目 No. of Policies 表格 HKLQ1-2 Form HKLQ1-2 類別 Class 業務種類 Type of Business 整付保費 Single Premiums 非整付保費 Non-single Premiums 受保人數 No. of Lives 整付保費 Single Premiums 非整付保費 Non-single Premiums 此期間收入帳內的可收 取的整付保費 Single Premiums Receivable in...
https://www.ia.org.hk/english/infocenter/statistics/files/3q21long.pdf - Date: 2022-03-11