... billion, on top of 28.8% in the third quarter. Critical illness, whole life and medical products remained to be most popular, representing 57%, 34% and 3% of new policies taken out by Mainland visitors respectively. On mode of premium payment, about 99% of policies were settled at regular intervals, i.e....

... the first quarter of 2021, showing a decline of total gross premiums by 4.6% to $157.4 billion over the corresponding period of 2020. This phenomenon is the direct consequence of a temporary impact caused by the premium payment pattern embedded in some short-term endowment products....

... the first half of 2021, showing a decline of total gross premiums by 2.2% to $307 billion over the corresponding period of 2020, resulting again from the premium payment pattern embedded in some short-term endowment products. (Percentage figures shown in brackets represent year-on-year...

... appropriate for adopting the TFM. 1 The upfront disclosure should include, where applicable, objective(s); type and nature of the policy; target benefit period; payment period; level of premiums payable; prominent warning to the customer concerning affordability of the policy during the entire premium payment...

... appropriate for adopting the TFM. 1 The upfront disclosure should include, where applicable, objective(s); type and nature of the policy; target benefit period; payment period; level of premiums payable; prominent warning to the customer concerning affordability of the policy during the entire premium payment...

... different organisations or doctors or consult your insurer directly before accepting the treatment.   The above information is for reference only. For the coverage, mode of compensation, benefit limit and premium levels of any specific medical insurance plan, please refer to the...

...通訊" 6 December 2023 IA-HKMA joint inspection exercise on premium financing 30 November 2023 Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules (Cap. 41L) Savings and...

... visitors shrank from $6.8 billion in 2020 to about $688 million in 2021 (decreased by 89.9%), representing 0.4% of the total for individual businesses. Some 96% of the policies taken out by this group of customers were settled at regular intervals (i.e. non-single premium). Critical illness, whole life and...

..., with the exception of pure reinsurers. A pure reinsurer is required to give only one set of financial projections on a “realistic estimate” basis. As regards a captive insurer, only projections on premium income and claims outstanding for the first three years of operation are required. 29. For an...

..., with the exception of pure reinsurers. A pure reinsurer is required to give only one set of financial projections on a “realistic estimate” basis. As regards a captive insurer, only projections on premium income and claims outstanding for the first three years of operation are required. 29. For an...