... Insurance Premium (Version 1.5) Annex H-1 Remittance Return - Accrual Basis1 Company Registration no. 123456 Name of insurer ABC Insurance Limited Type of business2 General / Long-term / Composite Relevant period 1 April 2019 - 30 September 2019 Date of remittance3 15 November 2019 Reporting currency4 HKD...

... Insurance Premium (Version 1.6) Annex H-1 Remittance Return - Accrual Basis1 Company Registration no. 123456 Name of insurer ABC Insurance Limited Type of business2 General / Long-term / Composite Relevant period 1 April 2019 - 30 September 2019 Date of remittance3 15 November 2019 Reporting currency4 HKD...

... Insurance Premium (Version 1.6) Annex H-1 Remittance Return - Accrual Basis1 Company Registration no. 123456 Name of insurer ABC Insurance Limited Type of business2 General / Long-term / Composite Relevant period 1 April 2019 - 30 September 2019 Date of remittance3 15 November 2019 Reporting currency4 HKD...

... characteristics of variable life policies. Variable universal life has increasingly become more popular than variable life, owing to its flexibility. In Hong Kong, investment-linked annuities are not commonly found. The most popular type of investment-linked insurance product is flexible premium variable life...

... may be found in the same type of figures in different statistical tables due to rounding off. A total of 109 insurers submitted their Hong Kong General Business Returns with annual accounting basis for 2019, which are covered in these statistics (see Appendix 1). Of these insurers, Lloyd's changed its...

... the person is carrying on a regulated activity, in the course of business or employment, or for reward unless the person holds an appropriate type of insurance intermediary licence or is exempt under the IO.  It is an offence for contravening section 64G of the IO.   Regulated...

... 890.6 689.8 358.4 195.8 75.5 34.3 16.0 14.4 15.9 2010 364.7 324.2 278.0 251.7 179.1 75.1 41.6 13.0 3.0 1,327.7 1,064.2 712.2 400.2 174.4 82.9 33.8 18.6 8.2 2011 372.6 363.2 323.2 266.7 238.1 109.9 88.4 36.2 1,531.6 1,134.6 774.8 461.4 306.1 193.8 112.4 61.6 2012 451.6 390.3 327.5 298.4 212.5 123.1 58.8...

...) reinsurance management framework of the insurer; (b) type of reinsurance arrangements; (c) maximum retention of the insurer; (d) spread of risks among reinsurers; and (e) security of reinsurers. 5.3 Authorized insurers should also consider conducting stress testing under different stressed scenarios regularly...

... months by now, I would like to share with readers some of my observations on the Hong Kong insurance industry and the issues confronting it. The first quarter figures released in May are revealing. Long term in-force business grew by 36% over the same period last year and new business increased by a...