... quarterly basis, but the first three quarters still saw such premiums reaching $46.8 billion or 32% of the total for individual businesses. As before, around 97% of the policies taken out by this group of customers were settled at regular intervals (i.e. non-single premium). Whole life, critical illness and...

... from a premium levy, authorization charges and intermediary licensing fees, the IA is compelled to be customer-oriented and 1 Mr. Bhabani Sankar Rath, Chairman of The Hong Kong Confederation of Insurance Brokers 2 Mr Adrian King, Honorary Secretary of The Hong Kong Confederation of Insurance Brokers 2...

..., 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...

... Non-Linked Business Office premiums for new Non-Linked business recorded an increase of 4.7% to $139,422 million in 2019, with single premium business reducing by 6.8% and regular premium business increasing by 9.6%. The number of policies increased by 3.9% to 1,291,524. With-profits and without-profits...

... feedback cautioned that introducing standards and practices for referral business may drive unchecked premium rebating, a practice which would erode professional standards and harm the development of a healthy insurance industry. It was pointed out that this is particularly the case as the draft Agents...

... Conduct for Licensed Insurance Brokers 16 the draft Brokers’ Code). This feedback cautioned that introducing standards and practices for referral business may drive unchecked premium rebating, a practice which would erode professional standards and harm the development of a healthy insurance industry. It...

... feedback cautioned that introducing standards and practices for referral business may drive unchecked premium rebating, a practice which would erode professional standards and harm the development of a healthy insurance industry. It was pointed out that this is particularly the case as the draft Agents...

... Conduct for Licensed Insurance Brokers 16 the draft Brokers’ Code). This feedback cautioned that introducing standards and practices for referral business may drive unchecked premium rebating, a practice which would erode professional standards and harm the development of a healthy insurance industry. It...

... economic profile Premium payment of an insurance policy in large amount of cash Red Flags Red Flags –– Insurance SectorInsurance Sector @H on g Ko ng P ol ic e Fo rc e fo r Tr ai ni ng P ur po se O nl y ©Hong Kong Police Force香港警務處版權所有 Repeated & unexplained changes in beneficiary’s details Acceptance of...