... non-guaranteed benefits can be as low as zero. If the non-guaranteed benefits are worse than expected, you could suffer a financial loss, as the total return generated from the policy may be lower than the interest costs and the handling fee you paid (if any). Smart tips...

... transitional arrangement for existing intermediaries and existing responsible officers of insurance agencies / chief executives of insurance brokers, including a transitional period of 3 years after commencement of the new regime (“Transitional Period”).   Besides, licence fee will...

... each other. Indirect finance occurs when the funds flow through the finance intermediaries from the lender to the borrower. It happens when the risk and return of borrower and lender do not match. The 2/16 intermediaries are therefore compensated for assuming the risk by adding a fee (brokerage or...

... borrower and lender do not match. The intermediaries are therefore compensated for assuming the risk by adding a fee (brokerage or commission) on top of the interest charged. It can be shown in the following figure: Finance Sector (Indirect Finance) ( Borrower Household Sector Business Sector Government...

... and lender do not match. The 2/16 intermediaries are therefore compensated for assuming the risk by adding a fee (brokerage or commission) on top of the interest charged. It can be shown in the following figure: Finance Sector (Indirect Finance) Financial Markets (Direct Finance) (b) International...

... gap between demand and supply sides • Promote Hong Kong as a risk management centre and insurance hub for BRI through conferences, seminars and workshops Aims • At the IA Insurance Summit on 11 December 2018Launch date • By invitation • No membership fee • Active contribution and participation...

... gap between demand and supply sides • Promote Hong Kong as a risk management centre and insurance hub for BRI through conferences, seminars and workshops Aims • At the IA Insurance Summit on 11 December 2018Launch date • By invitation • No membership fee • Active contribution and participation...

... gap between demand and supply sides • Promote Hong Kong as a risk management centre and insurance hub for BRI through conferences, seminars and workshops Aims • At the IA Insurance Summit on 11 December 2018Launch date • By invitation • No membership fee • Active contribution and participation...

... Qualifying Examination , unless exempted 10 Transition to the New Regime • All pre-existing insurance intermediaries will be deemed as licensees under the new regime for a transitional period of 3 years • Licence fee will be waived for 5 years • Complaint cases not yet resolved by SROs will be handled by the...

... Qualifying Examination , unless exempted 10 Transition to the New Regime • All pre-existing insurance intermediaries will be deemed as licensees under the new regime for a transitional period of 3 years • Licence fee will be waived for 5 years • Complaint cases not yet resolved by SROs will be handled by the...