... Enforcement collaboration between IA and HKMA - Insurance Authority bans Chan Ka Hey for six months for fabrication of a client’s direct debit authorization form for premium payment 15 August 2023 This press release is issued jointly by the...

... Insurance Authority (IA) in its initial years are being covered by government funding. In the long run, the IA has to be financially independent and recover its operating costs through the collection of premium levies payable by policy holders and fees payable by insurance companies, designated insurance...

... Joint Inspection on the Use of Premium Financing to Take Out Long Term Insurance Policies in Hong Kong 30 September 2021 Ref: INS/TEC/9/2/2/26 HKMA/B1/15C To: Chief Executives of all authorized insurers carrying on long term insurance business, Responsible Officers of all licensed insurance broker...

... marine, aviation and goods-in-transit insurance. 2. Group life insurance policies with medical protection offered by employers are subject to the levy cap for general insurance policies. 1 3. “Inception date” means the date on which the first premium under the contract becomes payable. Small Levy Big...

... marine, aviation and goods-in-transit insurance. 2. Group life insurance policies with medical protection offered by employers are subject to the levy cap for general insurance policies. 1 3. “Inception date” means the date on which the first premium under the contract becomes payable. Small Levy Big...

... marine, aviation and goods-in-transit insurance. 2. Group life insurance policies with medical protection offered by employers are subject to the levy cap for general insurance policies. 1 3. “Inception date” means the date on which the first premium under the contract becomes payable. Small Levy Big...

... Charges of Investment-linked Long Term Insurance Policies A. Charges B. Charges related to Investment-linked Policy iv. Types of Investment-linked Long Term Insurance Policies v. Premium Structures of Investment-linked Policies A. Single Premium Plan B. Regular Premium Plan vi. Basic Calculations of...

... Policies iii. Types of Charges of Investment-linked Long Term Insurance Policies A. Charges B. Charges related to Investment-linked Policy iv. Types of Investment-linked Long Term Insurance Policies v. Premium Structures of Investment-linked Policies A. Single Premium Plan B. Regular Premium Plan vi. Basic...

... 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...

... 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...