... After considering the feedback received and on further review, we consider it appropriate to extend the transitional period to slightly more than four years to allow more time for existing insurance broker companies (especially small-sized companies) to effect the necessary capital injection. The...

... corporate, the insurer or the relevant party concerned. 6. Commencement 6.1 This Guideline shall take effect from 26 June 2017. June 2017 i Annex Summary of Prior Approval Requirements for Appointments of Certain Positions under the Insurance Ordinance (Cap. 41) Authorized Insurer Incorporated in Hong Kong...

... Commencement 11.1 This Guideline shall take effect from 23 September 2019 (“Effective Date”). 12. Transitional Provision 12.1 The IA recognizes that authorized insurers and licensed insurance intermediaries to which this Guideline applies may require time to update their documentation, controls and processes...

...$414.3 million, compared to the HK$169.1 million contributed by direct business. Since 2014, RI business has consistently delivered an underwriting profit, except in 2017 when a severe loss of HK$1,224 million was recorded due to Typhoon Hato related losses. The effect of Typhoon Mangkhut in 2018 was...

... Commencement 11.1 This Guideline shall take effect from 23 September 2019 (“Effective Date”). 12. Transitional Provision 12.1 The IA recognizes that authorized insurers and licensed insurance intermediaries to which this Guideline applies may require time to update their documentation, controls and processes...

... past ten years indicates a strong positive contribution. Additionally, an analysis recently published by Accountants Beni Gabai and Moshe Shahaf,8 which examined the effect of investment income on the profitability of Israeli insurance companies, showed that in 2006, investment income constituted more...

... past ten years indicates a strong positive contribution. Additionally, an analysis recently published by Accountants Beni Gabai and Moshe Shahaf,8 which examined the effect of investment income on the profitability of Israeli insurance companies, showed that in 2006, investment income constituted more...

... Commencement 11.1 This Guideline shall take effect from 23 September 2019 (“Effective Date”). 12. Transitional Provision 12.1 The IA recognizes that authorized insurers and licensed insurance intermediaries to which this Guideline applies may require time to update their documentation, controls and processes...

... corporate, the insurer or the relevant party concerned. 6. Commencement 6.1 This Guideline shall take effect from 26 June 2017. June 2017 i Annex Summary of Prior Approval Requirements for Appointments of Certain Positions under the Insurance Ordinance (Cap. 41) Authorized Insurer Incorporated in Hong Kong...

...’ Remuneration: Although you may pay nothing to the intermediary who sells/ recommends this ILAS policy to you, the intermediary will, in effect, receive remuneration which may be borne out of the charges you pay. Different products and different intermediaries may have different forms of remuneration. Please...