... Issue – August 2017 Page 1 Note 2.0 INSURANCE AUTHORITY Note on Annual Authorization Fee INTRODUCTION Section 13 of the Insurance Ordinance (Cap. 41) provides that every authorized insurer must pay the prescribed fees to the Insurance Authority (the “Authority”) not later than the date on which it...

... Issue – August 2017 Page 1 Note 2.0 INSURANCE AUTHORITY Note on Annual Authorization Fee INTRODUCTION Section 13 of the Insurance Ordinance (Cap. 41) provides that every authorized insurer must pay the prescribed fees to the Insurance Authority (the “Authority”) not later than the date on which it...

... date on which it is authorized; and annually upon the anniversary of such date (hereinafter referred to as “payment due date”). The Insurance (Authorization and Annual Fees) Regulation1 (Cap. 41C) (“the Regulation”) sets out the prescribed fees. 2. With effect from 26 June 2017 [save any unforeseen...

... September 2015, we had identified a number of technical issues for further deliberations. From November 2016 to mid-2017, we actively engaged with a number of representatives of the Hong Kong Federation of Insurers (“HKFI”) and the Actuarial Society of Hong Kong through four Industry Focus Groups (IFGs)2...

... Insurance 31-12-20 3,860 1,001 - - - - 106,908 29,448 291,878 68,264 799,470 99,401 ZGIHK ZGIHK 31-12-20 - - - - - - - - - - - - 蘇黎世保險 Zurich Insurance 31-12-20 288,626 182,755 290,401 185,210 - - 9,694 6,112 36,941 16,381 384,049 165,171 總額 Total 17,707,203 14,291,972 6,204,265 5,182,023 145,998 22,604 2...

... powers under Section 35(2)(b) of the Insurance Ordinance (Cap.41) to appoint Mr Derek Lai and Mr Forrest Kam of Deloitte Touche Tohmatsu as the Joint and Several Managers (the Managers) to take full control of the affairs and property of Target Insurance Company Limited (Target) in order to maintain...

... Business Pecuniary Loss Non-Proportional Total Other Business Treaty Reinsurance 毛額 Gross 淨額 Net 毛額 Gross 淨額 Net 毛額 Gross 淨額 Net 毛額 Gross 淨額 Net 毛額 Gross 淨額 Net 毛額 Gross 淨額 Net 毛額 Gross 淨額 Net 12,012 9,995 1,371 92 10,085 2,924 1,410 259 - - - - 244,233 43,640 - - - - - - - - - - - - 306,570 302,427 1,725...

... Dividends and Interest Terminal Dividend 1 2 3 4 5 10 15 20 25 30 At age 65 (5-year interval) At Age 100   For the second page:  DEATH BENEFIT End of Total Policy Premiums Paid Guaranteed Non-Guaranteed Total Year Accumulated Dividends and Interest Terminal Dividend 1 2 3 4 5 10 15 20 25 30 At age 65...

... insurance industry for the first three quarters of 2019, with total gross premiums of $436.9 billion, indicating an increase of 12.5% over the corresponding period in 2018. (Percentage changes in brackets in the following paragraphs represent changes over the corresponding period of last year...

... - - - - - - 2,893 7,079 137,502 13,294 8,779 140,970 43,033 17,612 83,766 ZGIHK ZGIHK 31-12-20 - - - - - - - - - - - - - - - - - - 蘇黎世保險 Zurich Insurance 31-12-20 83,575 - 38,397 105,331 4,731 236,700 - - - 3,409 - 74,457 5,396 - 24,537 127,903 - 142,002 總額 Total 4,597,404 121,767 3,131,254 2,157,580 113,673 6...