... operative under the new policy? The “Incontestability Clause” under your existing policy may already have taken effect to protect your interests. That means the validity of the existing policy is incontestable unless there is, for example, fraud or non-payment of premiums. (g) Is the type of the new policy...

... policy for ensuring that relevant staff receive adequate AML/CFT training? Have the insurance institutions monitored who have been trained, when the staff received the training, the type of the training provided and the effectiveness of the training? Staff Training 24 • Training materials regularly...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... 0 the year under review M A R k e t O v e R v I e w 9 Growth of Gross written Premiums +8.0% +0.3% +3.6% +6.4% +9.3% -2.0% -4.9% +13.8% +20.9% -8.5% 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 (HK$ million) 2015 2016 2017 2018 2019 Direct Business Reinsurance Inward Business...

... 0 the year under review M A R k e t O v e R v I e w 9 Growth of Gross written Premiums +8.0% +0.3% +3.6% +6.4% +9.3% -2.0% -4.9% +13.8% +20.9% -8.5% 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 (HK$ million) 2015 2016 2017 2018 2019 Direct Business Reinsurance Inward Business...

...) (百萬元) Class of Business Surrender Terminations Terminations Terminations ($m) ($m) ($m) ($m) 個人人壽及年金 (非投資相連) 446,421 196,398 642,819 580,191 10.8% 36,914 115,991 152,905 143,370 6.7% Individual Life and Annuity (Non-Linked) 個人人壽及年金 (投資相連) 81,595 3,137 84,732 87,130 -2.8% 33,590 6,122 39,712 36,567 8.6...

... this year has adversely affected people from all walks of life. The latest statistics from the Hong Kong Federation of Insurers showed that Hong Kong insurers have paid more than HK$100 million of SARS-related insurance benefits out of 492 claims (see table below). Type of Insurance Individual Life...

... this year has adversely affected people from all walks of life. The latest statistics from the Hong Kong Federation of Insurers showed that Hong Kong insurers have paid more than HK$100 million of SARS-related insurance benefits out of 492 claims (see table below). Type of Insurance Individual Life...