... calculated as follows: Upfront Charge = Premiums received X Upfront Charge % Policy year Upfront charge % % of premium received available for investment after upfront charge 1 A% (100 – A)% 2 B% (100 – B)% 3 C% (100 – C)% 4 D% (100 – D)% 5... ….. ….. For simple charge structure: Upfront charges: [% Range] of...

... holders to make enquiries, update personal particulars or report claims, etc.; (ix) handling complaints or insurance matters; and (x) making refunds, reimbursements or claims payments to clients. (b) Service Providers They are authorized insurers, appointed insurance agents, authorized 3 insurance brokers...

... of Actuaries of Australia] with [x] years of experience of insurance liabilities reserving in general insurance business and am familiar with the situation in Hong Kong as it affects the value of insurance liabilities. Scope [I have been retained by XYZ to conduct an actuarial review of the reserve...

... three “specified relatives”) and the taxpayer is the policyholder of these policies, then the annual deduction ceiling would be $32,000 (i.e. $8,000 x 4) for the qualifying premiums paid. (c) Administration of the VHIS The VHIS is administered by the Voluntary Health Insurance Scheme Office (“VHIS...

..., market, and other risks; (vi) procedures for monitoring liquidity risk; (vii) the professional qualifications of those entrusted with investment activities; (viii) the valuation methodologies; (ix) compliance reports; (x) the procedures for selecting and monitoring any external asset managers used; (xi...