... market values fall by 25% in the first year, and thereafter grow at the same rate as the base scenario. Scenario D:  interest rates to be set to 130% of the rates projected in the base scenario, or at the base scenario rates plus 2% if greater; and  equity and real estate market values fall by 25% in...

... valuation date of the ORSA Report. The time-horizon for the base case should be consistent with its medium to longer-term business plan i.e. 3, 5 or more years. IV.2. For each scenario (Prescribed Scenarios 1 to 3 plus any Specific Scenario(s)), a general business insurer should assess the impact of the...

... its medium to longer-term business plan i.e. 3, 5 or more years. IV.2. For each scenario (Prescribed Scenarios 1 to 3 plus any Specific Scenario(s)), a general business insurer should assess the impact of the scenario on its regulatory balance sheet, eligible capital resources and regulatory capital...

... its medium to longer-term business plan i.e. 3, 5 or more years. IV.2. For each scenario (Prescribed Scenarios 1 to 3 plus any Specific Scenario(s)), a general business insurer should assess the impact of the scenario on its regulatory balance sheet, eligible capital resources and regulatory capital...

... returns. In other words, the total market value of the assets pertaining to the designated fund shall at least equal to the provision for all liabilities including account balance plus the respective provisions for investment guarantee and the smoothing of investment returns. 5.2. The account balance shall...

... Non-Executive Directors 陳家殷先生 , JP Samuel Chan Ka-yan, JP 62,581 陳偉森教授 Professor Chan Wai-sum 62,581 張鳳婷女士 Chitty Cheung Fung-ting 62,581 郭振華先生 Kenneth Kwok Tsun-wa 62,581 馬豪輝先生 , SBS, JP Ma Ho-fai, SBS, JP 62,581 王建國先生 James Wong Chien-kuo 62,581 姚建華先生 Stephen Yiu Kin-wah 62,581 財務報表附註 NOTES TO THE FINANCIAL...

... Non-Executive Directors 陳家殷先生 , JP Samuel Chan Ka-yan, JP 62,581 陳偉森教授 Professor Chan Wai-sum 62,581 張鳳婷女士 Chitty Cheung Fung-ting 62,581 郭振華先生 Kenneth Kwok Tsun-wa 62,581 馬豪輝先生 , SBS, JP Ma Ho-fai, SBS, JP 62,581 王建國先生 James Wong Chien-kuo 62,581 姚建華先生 Stephen Yiu Kin-wah 62,581 財務報表附註 NOTES TO THE FINANCIAL...

... Non-Executive Directors 陳家殷先生 , JP Samuel Chan Ka-yan, JP 62,581 陳偉森教授 Professor Chan Wai-sum 62,581 張鳳婷女士 Chitty Cheung Fung-ting 62,581 郭振華先生 Kenneth Kwok Tsun-wa 62,581 馬豪輝先生 , SBS, JP Ma Ho-fai, SBS, JP 62,581 王建國先生 James Wong Chien-kuo 62,581 姚建華先生 Stephen Yiu Kin-wah 62,581 財務報表附註 NOTES TO THE FINANCIAL...

... payment period plus deferral period); and (ii) the end of the annuity period, (For the accumulation period, there should be no overlap between the premium payment period and deferral period.) The specific percentage of the guaranteed portion of the individual policies may vary even though those policies...

.../en/login.html ANNEX 3 Summary of Penalty Framework for CPD breaches for the Assessment Period 2021/2022 Shortfall of CPD hours Penalties Shortfall is 6 hours or less A fine of $600 per hour of shortfall will be imposed, plus the shortfall must still be rectified by 31 October 2022. Failure to rectify...