... GL28 GUIDELINE ON BENEFIT ILLUSTRATIONS FOR LONG TERM INSURANCE POLICIES Insurance Authority Contents 1. Introduction ......................................................................................................................................... 3 2 Interpretation...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL28.pdf -
Date: 2019-11-29
... Income is the greater of Net Premium Income (i.e. Gross Premium Income after deduction of reinsurance premium payment) and 50% of Gross Premium Income. 2. Relevant Claims Outstanding is the aggregate of : (a) the greater of (i) 50% of the amount of the claims outstanding before deduction of the amount...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/GL5.pdf -
Date: 2020-09-07
... Income is the greater of Net Premium Income (i.e. Gross Premium Income after deduction of reinsurance premium payment) and 50% of Gross Premium Income. 2. Relevant Claims Outstanding is the aggregate of : (a) the greater of (i) 50% of the amount of the claims outstanding before deduction of the amount...
https://www.ia.org.hk/english/legislative_framework/files/GL5.pdf -
Date: 2020-09-24
... Income is the greater of Net Premium Income (i.e. Gross Premium Income after deduction of reinsurance premium payment) and 50% of Gross Premium Income. 2. Relevant Claims Outstanding is the aggregate of : (a) the greater of (i) 50% of the amount of the claims outstanding before deduction of the amount...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/GL5.pdf -
Date: 2020-06-22
... who is responsible for the whole of the insurance business carried on by the insurer within Hong Kong. By virtue of section 50B, the authorized representative of Lloyd’s is also subject to the prior approval requirement under section 13A. Directors 2.5 Section 13AC provides that an authorized insurer...
https://www.ia.org.hk/english/legislative_framework/files/GL4.pdf -
Date: 2020-09-24
...) speculative risk; ..... (d) fundamental risk. ..... [Answer may be found in 1.1.2a] Type ‘B’ Questions 3 Which of the following statements concerning risk are true? (i) All risks are commercially insurable. (ii) Not all risks are commercially insurable. (iii) The only remedy for any kind of risk is insurance....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P1_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
...) speculative risk; ..... (d) fundamental risk. ..... [Answer may be found in 1.1.2a] Type ‘B’ Questions 3 Which of the following statements concerning risk are true? (i) All risks are commercially insurable. (ii) Not all risks are commercially insurable. (iii) The only remedy for any kind of risk is insurance....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/9.sn-pp-2017_eng.pdf -
Date: 2019-12-02