... All dollars expressed in this Report are Hong Kong dollars. Since 17 October 1983, the Hong Kong dollar has been linked to the US dollar, through an arrangement in the note-issue mechanism, at a fixed rate of HK$7.8 = US$1. 2 3 Mission Statement OCI Annual Report 2016 4 Mission Statement Our missions...

... TO LIFE INSURANCE 1/1 1.1 Definition of Life Insurance 1/1 1.1.1 Needs for Life Insurance 1.2 Principles of Life Insurance 1/2 1.2.1 Insurable Interest 1.2.2 Duty of Disclosure 1.2.3 Other Insurance Principles 1.3 Calculation of Life Insurance Premium 1/10 1.3.1 Rating Factors a. Mortality, Interest...

... CONTENTS Chapter Page 1. INTRODUCTION TO LIFE INSURANCE 1/1 1.1 Definition of Life Insurance 1/1 1.1.1 Needs for Life Insurance 1.2 Principles of Life Insurance 1/2 1.2.1 Insurable Interest 1.2.2 Duty of Disclosure 1.2.3 Other Insurance Principles 1.3 Calculation of Life Insurance Premium 1/10 1.3.1 Rating...

... .................................................................... ......................................................................... Any other name(s) by which he has been known or is known .......................................................................................................................................................... 2. Private address. 3. Date of birth. Place of birth (including town or city). 4....

... .................................................................... ......................................................................... Any other name(s) by which he has been known or is known .......................................................................................................................................................... 2. Private address. 3. Date of birth. Place of birth (including town or city). 4....

... insurance agents, licensed insurance agencies and licensed insurance broker companies carrying on regulated activities in respect of long term business) Insurance Authority Contents Page 1. Introduction ……………………………………………… 1 2. Considerations in Exercising the Insurance Authority’s Power to Impose Pecuniary...

... insurance agents, licensed insurance agencies and licensed insurance broker companies carrying on regulated activities in respect of long term business) Insurance Authority Contents Page 1. Introduction ……………………………………………… 1 2. Considerations in Exercising the Insurance Authority’s Power to Impose Pecuniary...

... draft new ERM Guideline as part of the Pillar 2 (i.e. qualitative) requirements under the Risk-based Capital (“RBC”) regime. The Insurance Authority (“IA”) is developing the RBC regime, with a view to aligning the capital requirements for insurance companies with the risks to which they are exposed and...

... ……………………………………………… 1 2. Considerations in Exercising the Insurance Authority’s Power to Impose Pecuniary Penalty……………………… 1 3. Commencement…………………………………………... 4 1 1. Introduction 1.1. This Guideline is issued by the Insurance Authority (“IA”) pursuant to section 23(1) of the Anti-Money Laundering and Counter-Terrorist...

... insurance agents, licensed insurance agencies and licensed insurance broker companies carrying on regulated activities in respect of long term business) Insurance Authority Contents Page 1. Introduction ……………………………………………… 1 2. Considerations in Exercising the Insurance Authority’s Power to Impose Pecuniary...