... shall take effect from the date of execution by both the IA and the SFC and shall remain in full force and effect unless and until the parties hereto mutually agree in writing to terminate the whole or any part hereof. 10 DATED this 20th day of December, 2005 SIGNED FOR AND ON BEHALF OF THE ) SECURITIES...

... to, but distinct from, the issue of agency relationship. Where a certain act done by A purportedly on behalf of B will be binding on B, A is said to have B’s authority to do it; but that does not necessarily mean that there is an agency relationship, or a full agency relationship, between them, which...

... relationship, or a full agency relationship, between them, which will, for instance, entitle A to reimbursement by B of expenses incurred on behalf of B. The various types of authority that an agent may have are considered below: (a) Actual authority: The authority of an agent may be actual where it results...

... 2000 Full Year Full Year Highlights (HK$ m) (HK$ m) General Business Gross Premiums 19,486 17,678 Net Premiums 12,903 12,132 Underwriting Profit / (Loss) (380) (559) Long Term Business (New Business*) Office Premiums (exclude Retirement Scheme) 17,020 11,536 Composition of Premiums by Class of Business...

... 2000 Full Year Full Year Highlights (HK$ m) (HK$ m) General Business Gross Premiums 19,486 17,678 Net Premiums 12,903 12,132 Underwriting Profit / (Loss) (380) (559) Long Term Business (New Business*) Office Premiums (exclude Retirement Scheme) 17,020 11,536 Composition of Premiums by Class of Business...

... with a high credit rating, its middle market quotation/market value is admitted in full (rule 4(1)). For those with a lower credit rating or without credit rating, its middle market quotation/market value is admitted up to 90% or 75%, as appropriate (rule 4(2) and (3)). 5.6 “Listed”, as defined in rule...

... 2000 Full Year Full Year Highlights (HK$ m) (HK$ m) General Business Gross Premiums 19,486 17,678 Net Premiums 12,903 12,132 Underwriting Profit / (Loss) (380) (559) Long Term Business (New Business*) Office Premiums (exclude Retirement Scheme) 17,020 11,536 Composition of Premiums by Class of Business...