... a particular annuity product from the licensed insurance intermediary whom he is introducing, otherwise this may stray into carrying on regulated activities. (This may be the case, for example, where the bank staff indicates to the client that the client may obtain preferential rates of premium if...

... a particular annuity product from the licensed insurance intermediary whom he is introducing, otherwise this may stray into carrying on regulated activities. (This may be the case, for example, where the bank staff indicates to the client that the client may obtain preferential rates of premium if...

... of Insurance 4.2 Size of Industry 4/3 4.2.1 Authorised Insurers 4.2.2 Registered or Authorised Insurance Intermediaries 4.2.3 Persons Employed 4.2.4 Premium Volume 4.3 Insurance Intermediaries 4/5 4.4 The Hong Kong Federation of Insurers (‘HKFI’) 4/6 5. REGULATORY FRAMEWORK OF INSURANCE INDUSTRY 5/1...

... Insurance Business 4/1 4.1.1 Statutory Classification of Insurance 4.2 Size of Industry 4/3 4.2.1 Authorised Insurers 4.2.2 Registered or Authorised Insurance Intermediaries 4.2.3 Persons Employed 4.2.4 Premium Volume 4.3 Insurance Intermediaries 4/5 4.4 The Hong Kong Federation of Insurers (‘HKFI’) 4/6 5....

... erage size of pro- tection gap 5.7 times of annual income * weighted average per economically active adult 02 Life insurance in Hong Kong is well developed. Premiums from life insurance reached HKD 511 billion in 2019, making Hong Kong the 11th larg- est life insurance market (in terms of total premium...

... erage size of pro- tection gap 5.7 times of annual income * weighted average per economically active adult 02 Life insurance in Hong Kong is well developed. Premiums from life insurance reached HKD 511 billion in 2019, making Hong Kong the 11th larg- est life insurance market (in terms of total premium...

... calculation of variable fee TOTALS Amount of net liability Value of yearly net premium Value of sums assured or annuities per annum including vested reversionary bonuses Amount of yearly premium Amounts of sums assured or annuities per annum including vested reversionary bonuses g g III 2 …… 3 …… 4 …… FORM...

... Value of yearly net premium Value of sums assured or annuities per annum including vested reversionary bonuses Amount of yearly premium Amounts of sums assured or annuities per annum including vested reversionary bonuses g g III 2 …… 3 …… 4 …… FORM HKL2 VALUATION SUMMARY OF ABC INSURANCE COMPANY HONG...

... calculation of variable fee TOTALS Amount of net liability Value of yearly net premium Value of sums assured or annuities per annum including vested reversionary bonuses Amount of yearly premium Amounts of sums assured or annuities per annum including vested reversionary bonuses g g III 2 …… 3 …… 4 …… FORM...

... into account the customers’ total protection needs, total disposable assets, financial outgoings and liabilities, as well as his/her willingness and ability to pay premium (and the duration of payment) in assessing the affordability of customer before making recommendation. The factors considered...