... QDAP has been hugely successful with 82,500 policies issued so 4 far and the total annualised premium of HK$6 billion. The average age of the persons taking up such policies is 48.5 years old, precisely the demographic at which QDAP is targeting. In QDAP, we see how the Government, the IA and the...

... Role Let me now switch to a juicier and, some may say, disruptive or paradigm- changing topic – Insurtech. Digitalisation has been becoming the key for a sustainable insurance market. We see the development of Insurtech continuing to grow at a rapid pace. According to a market report, the total value...

... QDAP has been hugely successful with 82,500 policies issued so 4 far and the total annualised premium of HK$6 billion. The average age of the persons taking up such policies is 48.5 years old, precisely the demographic at which QDAP is targeting. In QDAP, we see how the Government, the IA and the...

... Role Let me now switch to a juicier and, some may say, disruptive or paradigm- changing topic – Insurtech. Digitalisation has been becoming the key for a sustainable insurance market. We see the development of Insurtech continuing to grow at a rapid pace. According to a market report, the total value...

... approximation results from the General Model and consider using PAA instead of General Model? 1 (ii) Variable Fee Approach (In HK'000) (iii) Premium Allocation Approach (PAA) (In HK'000) Total Gross Written Premium (In HK'000) 12a) Have you completed the determination of HKFRS 17 contract boundary assessment of...

... term business only (i) a projected volume of new business, showing for each type of contract, the total premium income both gross and net of retrocession; (ii) a projected in-force business portfolio, showing for each type of contract:- - the total premium income both gross and net of retrocession...

...); unearned premiums reserves; other insurance funds; and other creditors. (b) If the company applies for reinsurance of long term business only (i) a projected volume of new business, showing for each type of contract, the total premium income both gross and net of retrocession; (ii) a projected in-force...

... term business only (i) a projected volume of new business, showing for each type of contract, the total premium income both gross and net of retrocession; (ii) a projected in-force business portfolio, showing for each type of contract:- - the total premium income both gross and net of retrocession...

...); unearned premiums reserves; other insurance funds; and other creditors. (b) If the company applies for reinsurance of long term business only (i) a projected volume of new business, showing for each type of contract, the total premium income both gross and net of retrocession; (ii) a projected in-force...

... term business only (i) a projected volume of new business, showing for each type of contract, the total premium income both gross and net of retrocession; (ii) a projected in-force business portfolio, showing for each type of contract:- - the total premium income both gross and net of retrocession...