... that no part of the Study Notes may be reproduced for the purposes of selling or making profit without the prior permission of the Office of the Commissioner of Insurance. ii TABLE OF CONTENTS Chapter Page 1. INTRODUCTION TO INVESTMENT-LINKED LONG TERM INSURANCE POLICIES 1/1 1.1 Definition 1/1 1.2...

... Please note that no part of the Study Notes may be reproduced for the purposes of selling or making profit without the prior permission of the Insurance Authority. ii TABLE OF CONTENTS Chapter Page 1. INTRODUCTION TO INVESTMENT-LINKED LONG TERM INSURANCE POLICIES 1/1 1.1 Definition 1/1 1.2 Concept 1/2 2...

... prior permission of the Office of the Commissioner of Insurance. i TABLE OF CONTENTS Chapter Page 1. INTRODUCTION TO INVESTMENT-LINKED LONG TERM INSURANCE POLICIES 1/1 1.1 Definition 1/1 1.2 Concept 1/2 2. INVESTMENTS 2/1 2.1 Risk of Investment 2/1 2.1.1 Meaning of Risk 2.1.2 Types of Risks 2...

... Since 17 October 1983, the Hong Kong dollar has been linked to the US dollar, through an arrangement in the note-issue mechanism, at a fixed rate of HK$7.8 = US$1. 2 Mission Statement Mission Statement Our missions are to protect the interests of policyholders and to promote the general stability of the...

... Since 17 October 1983, the Hong Kong dollar has been linked to the US dollar, through an arrangement in the note-issue mechanism, at a fixed rate of HK$7.8 = US$1. 2 Mission Statement Mission Statement Our missions are to protect the interests of policyholders and to promote the general stability of the...

... Since 17 October 1983, the Hong Kong dollar has been linked to the US dollar, through an arrangement in the note-issue mechanism, at a fixed rate of HK$7.8 = US$1. 2 Mission Statement Mission Statement Our missions are to protect the interests of policyholders and to promote the general stability of the...

... Incurred Risks Expenses Profit/(Loss) Payable Adjustment 農銀 ABCI 31-12-19 244,233 43,640 44,144 (302) 107,779 14,688 36,298 439 21,089 (13,380) 美國安泰 Aetna 31-12-19 306,570 302,427 229,446 26,458 138,802 138,802 173,507 (2,115) 21,821 9,775 友邦（香港） AIA (HK) 31-12-19 148,655 148,654 148,896 19,899 95,176 95...

... Comprehensive 12,528 255 110,219 第三者 Third Party 100,800 3,006 綜合 Comprehensive 6,239 113 39,690 第三者 Third Party 41,896 993 綜合 Comprehensive 34,692 4,353 2,603,542 第三者 Third Party 63,011 9,433 綜合 Comprehensive 1,605 334 29,675 第三者 Third Party 72,493 62,460 綜合 Comprehensive 31,209 2,821 1,419,987 第三者 Third Party...

... HKGIBS_2019.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) 4,602.1 2,675.3 2,533.6 2,189.1 Gross Outstanding Claims Provision ($m) 4,602.1 2,675.3 2,533.6 2,189.1...

... actuarial information submitted by individual insurers. From a sector-wide perspective, the level of total gross premiums reached $566.9 billion, showing a year-on-year growth of 10.2%. (Percentage changes in brackets in the following paragraphs represent changes over 2018) Long...