...% 10.0% 15.0% 20.0% 25.0% 30.0% -200.0 -100.0 0.0 100.0 200.0 300.0 400.0 500.0 600.0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Annual Nominal Growth Rate Premiums (HKD billion) Hong Kong Long Term Business - In-force Premium* (2008 - 2017) Include Mainland China Visitors Exclude Mainland China...

...% 32% 29% 26% 21% 22% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2015 2016 2017 2018 2019 With-profits Composition With Profit Without profit 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 2015 2016 2017 2018 2019 By Product Classification Whole Life Endowment Others Term (HK$ mill...

... “Entity B”, “Entity C”, and “Entity D” = 100% × 100 + 100% × 200 + 70% × 300 + 100% × 10 – 90 = 430 7 Example 2: Stacked entities a) Description of the supervised group In this example, the supervised group comprises four supervised group members: “Holding Entity A”, “Intermediate Holding Entity B...

... (the “Amendment Ordinance”) becoming effective, Part X of the Insurance Ordinance (Cap.41) (“IO”) will continue to govern insurance intermediaries. Insurance intermediaries are currently subject to a self-regulatory system supported by provisions contained in Part X of the IO....

...) 40,460 11,506 10,685 10,385 2,249 20,470 10,122 6,896 0 2,121 (581) 1,437,701 614,226 260,930 90,710 57,021 271,517 127,876 214,899 952 64,466 (76,408) 394,133 278,572 240,716 77,095 55,739 158,301 88,260 131,476 53 43,562 9,886 2,323,981 1,072,789 1,085,454 516,380 259,493 830,793 346,735 315,862...

... 54.8 94.0 93.9 90.9 90.7 85.0 90.4 86.5 84.3 85.8 83.5 69.8 69.2 68.5 65.4 68.0 自留額比率 Retention Ratio 2015 2016 2017 2018 2019 % % % % % 79.1 77.8 77.3 79.0 80.5 80.0 79.9 79.1 80.3 81.2 8.1 2.6 5.3 4.6 5.7 船舶 Ships 53.0 78.9 74.9 68.6 68.4 68.2 50.2 39.7 40.2 40.4 66.5 66.8 67.8 66.3 59.9 53.0 53.8...

...,000. The total levy payable from April 2021 to March 2022 will be $12, being the lower of: $12 (being $1,000 x 12 x 0.1%); or $5,000 (the cap for general insurance policies)   1 “Inception date” means the date on which the...

... Management Expenses Underwriting Profit/(Loss) 9,420,404 7,483,516 6,310,671 1,200,600 781,181 5,317,184 4,250,751 4,453,469 2,638 933,684 139,699 3,365,531 2,897,159 2,687,349 1,143,818 984,131 1,690,354 1,405,710 1,684,215 (14,293) 309,036 (275,740) 84,782 21,947 19,640 13,305 3,400 46,302 14,611 10,660...

... III 19 22 41 1 Accident 62 31 93 2 Sickness 58 24 82 3 Land vehicles 49 25 74 4 Railway rolling stock 51 31 82 5 Aircraft 27 24 51 6 Ships 54 34 88 7 Goods in transit 58 32 90 8 Fire and natural forces 62 27 89 9 Damage to property 62 27 89 10 Motor vehicle liability 48 25 73 11 Aircraft liability 29...

... Mainland is primarily the Mainland Compulsory Traffic Accident Liability Insurance for Motor Vehicles (Compulsory Motor Insurance), which protects against third-party personal injury, death or property loss, with liability cover of a maximum of RMB 200,000 per event, which is the statutory minimum...