... During the first quarter of 2021, some 24,000 Qualifying Deferred Annuity Policies were issued that attracted $1.6 billion in terms of premiums, representing 4% of the total for individual businesses. Continued restrictions on cross-boundary passenger traffic took a heavy toll on the new...

... business environment has always been a crucial factor in establishing Hong Kong as an international financial centre. However, our economy has suffered a heavy toll since last year because of the social events and the COVID- 19 pandemic. New office premiums for long-term insurance business in the first...

... Training Board and the Institute of Professional Education and Knowledge under the Vocational Training Council. At that time, the Insurance Authority (“IA”) was a start-up without any regulatory duties yet. There were quite some worries that I, another lawyer, would build a heavy-handed regulator. Over the...

... Training Board and the Institute of Professional Education and Knowledge under the Vocational Training Council. At that time, the Insurance Authority (“IA”) was a start-up without any regulatory duties yet. There were quite some worries that I, another lawyer, would build a heavy-handed regulator. Over the...

... Training Board and the Institute of Professional Education and Knowledge under the Vocational Training Council. At that time, the Insurance Authority (“IA”) was a start-up without any regulatory duties yet. There were quite some worries that I, another lawyer, would build a heavy-handed regulator. Over the...

... be irrelevant. 4. Duties of the Board, the Controller and the Appointed Actuary 4.1 It is the duty of the Controller, as specified under section 13A(12) of the Ordinance, to ensure that requirements set out in this Guideline and the relevant ICPs are observed throughout the life cycle of all ILAS...

.../lodge_a_complaint.html https://www.icb.org.hk/en/index.html. Conduct in Focus P.7 Advising clients on the Duty of Disclosure As the statistics for 2021 indicate, around 18% of complaints which the IA received concern disputes about whether a claim should be paid under an insurance policy. A small section of complaints...

... Definition of Life Insurance A. Needs for Life Insurance ii. Principles of Life Insurance A. Insurable Interest B. Duty of Disclosure C. Other Insurance Principles iii. Calculation of Life Insurance Premium A. Rating Factors a. Mortality, Interest and Expenses b. Other Factors B. Pricing Systems a. Natural...

... Definition of Life Insurance A. Needs for Life Insurance ii. Principles of Life Insurance A. Insurable Interest B. Duty of Disclosure C. Other Insurance Principles iii. Calculation of Life Insurance Premium A. Rating Factors a. Mortality, Interest and Expenses b. Other Factors B. Pricing Systems a. Natural...

... I. Introduction to Life Insurance i. Definition of Life Insurance A. Needs for Life Insurance ii. Principles of Life Insurance A. Insurable Interest B. Duty of Disclosure C. Other Insurance Principles iii. Calculation of Life Insurance Premium A. Rating Factors a. Mortality, Interest and Expenses b....