... of the Activity-Based Regime 3. Exemptions 4. FAQs 3 1. Introduction 1.1. This Explanatory Note (“Note”), which includes a set of frequently-asked questions (“FAQs”) (see paragraph 4), is issued by the Insurance Authority (“IA”) to provide guidance on the licensing requirements and relevant...

... Insurance Industry 31 August 2017 RUNDOWN Time Programme 3:00 pm Meeting starts Group photo 3:05 pm Welcome address by Dr Moses Cheng, Chairman, Insurance Authority 3:10 pm (A) Risk-based Capital Regime for Insurance Industry Speaker: Mr Raymond Tam Executive Director, Policy and Development, Insurance...

... 二零二零年臨時統計數字摘要 Summary on 2020 Provisional Statistics 香港保險業務 概要 Highlights 2020 2019 變動 長期業務(新造業務 #) Long Term Business (New Business #) (百萬元)($m) (百萬元)($m) Change 保單保費(不包括退休計劃) 133,411 172,716 -22.8% Office Premiums (exclude Retirement Scheme) 一般業務 General Business 毛保費 60,297 55,669 8.3% Gross...

... Premiums 淨保費 41,490 40,932 1.4% Net Premiums 承保利潤/(虧損) 1,958 2,232 -12.3% Underwriting Profit/(Loss) 長期業務 (新造業務 #) Long Term Business (New Business #) 保單保費 Office Premiums 業務類別 Class of Business 2021 2020 變動 (百萬元)($m) (百萬元)($m) Change 個人人壽及年金(非投資相連) 135,605 120,224 12.8% Individual Life and Annuity...

... annually thereafter consists of two elements, namely, a fixed fee of $300,000 (for captive insurer, $30,000; and for composite insurer, $600,000) and a variable fee, subject to a cap of $7 million, of 0.0039% on insurance liabilities. 3. This Note elaborates the ascertainment of variable fee and the...

... annually thereafter consists of two elements, namely, a fixed fee of $300,000 (for captive insurer, $30,000; and for composite insurer, $600,000) and a variable fee, subject to a cap of $7 million, of 0.0039% on insurance liabilities. 3. This Note elaborates the ascertainment of variable fee and the...

... broker. 2. If there is insufficient space to complete the answer to any question, please continue on a separate sheet, specify the question to which the sheet relates and add signature of the applicant. 3. The applicant and the authorized insurance broker concerned should notify the Insurance Authority...

... broker. 2. If there is insufficient space to complete the answer to any question, please continue on a separate sheet, specify the question to which the sheet relates and add signature of the applicant. 3. The applicant and the authorized insurance broker concerned should notify the Insurance Authority...

... broker. 2. If there is insufficient space to complete the answer to any question, please continue on a separate sheet, specify the question to which the sheet relates and add signature of the applicant. 3. The applicant and the authorized insurance broker concerned should notify the Insurance Authority...

... long term business were $258.7 billion in the first half of 2023 (decreased by 2.2%), mainly comprising $227.5 billion from Individual Life and Annuity (Non-Linked) business (increased by 3.1%), $12.7 billion from Individual Life and Annuity (Linked) business (decreased by 15.9%), as well as $14.8...