... deduction for their qualifying deferred annuity premiums up to a maximum limit of HK$60,000* per assessment year. For detailed arrangements, please refer to the dedicated webpage on Tax Deductions for QDAP and Tax Deductible MPF Voluntary Contributions and the Inland Revenue Department’s website....

...  Request for accounting concession • Levy on insurance premiums from policyholders from 1.1.2018 14 Levy rates 15 Phase 1 Phase 2 Phase 3 Phase 4 1.1. 2018 to 31.3.2019 1.4. 2019 to 31.3. 2020 1.4. 2020 to 31.3. 2021 From 1.4.2021 onwards Levy rate 0.04% 0.06% 0.085% 0.1% Levy cap Life insurance $40 $60...

... that he/ she/ it is guilty of misconduct or is not fit and proper. One type of disciplinary action that the IA may take is ordering a person to pay a pecuniary penalty not exceeding the amount which is the greater of (i) HK$10 million; or (ii) 3 times the amount of the profit gained or loss avoided by...

... that he/ she/ it is guilty of misconduct or is not fit and proper. One type of disciplinary action that the IA may take is ordering a person to pay a pecuniary penalty not exceeding the amount which is the greater of (i) HK$10 million; or (ii) 3 times the amount of the profit gained or loss avoided by...

... voluntary opt-in regime for platforms offering trading of securities-type VAs or tokens in December 2020, while the Government will introduce a bill on licensing of VASPs into the Legislative Council in 2022 after completed a public consultation2 in May 2021. Authorized insurers intending to engage in...

..., gross and net premiums increased by 3% to $36 billion and 2.1% to $25.3 billion respectively in 2017 compared with 2016, mainly driven by Accident & Health business (comprising Medical business) which recorded a growth in gross premiums from $13 billion to $14.4 billion. The underwriting...

... increased 36% to $3.8 billion and 42.5% to $2.5 billion respectively in the first quarter of 2018 compared with the corresponding period in 2017. However, the underwriting loss widened from $15 million to $333 million. A summary of provisional statistics of the Hong Kong insurance business for the...

... premiums for new Individual Life business remained stable at $150.6 billion, including $133.2 billion from Individual Life (Non-Linked) business (decreased by 3.4%) and $17.4 billion from Linked business (increased by 36.7%). The total number of new policies was 1.3 million in 2018 (increased by 1.5...

... authorized insurers and their respective products, brief comparison of a particular type of product offered by different authorized insurers, collection of premiums, handling of claims and provision of information on an insurer’s credit rating, etc. It is noticed that there are some other websites which...

... 856.0 867.1 11.4 14.9 21.1 48.7 335.6 1.1 0.6 7.6 8.6 17.1 0.0 0.0 0.7 2.2 8.8 101.5 112.8 127.3 119.6 106.6 36.8 38.5 39.9 30.0 36.2 128.9 120.5 111.7 140.7 164.8 125.0 48.3 40.0 59.5 61.2 730.3 747.1 774.4 808.1 768.8 459.5 472.0 393.4 372.3 388.6 279.7 259.8 250.3 273.3 311.9 104.1 113.5 105.4 106.6...