... Kong has a flourishing life insurance market. In 2014, there were more than 11 million life insurance policies in force and the total insurance cover was worth more than $4,700 billion, with the overall insurance density 3 at more than $40,000 and an insurance penetration rate4 of 14.2%, which ranked...

... the proposed policy using premium financing (i.e. the total premium is to be funded entirely by the customer’s own funds). The insurance intermediary must also explain to the customer that, without the information, it would not be able to assess the customer’s suitability and affordability of...

...,529) ZGIHK ZGIHK 31-12-18 - - - - - - - - - - 蘇黎世保險 Zurich Insurance 31-12-18 2,348,548 1,341,583 1,316,987 269,993 1,118,815 725,328 744,306 9,754 345,486 (52,552) 總額 Total 53,100,731 34,733,367 34,322,221 6,144,234 29,112,911 19,971,719 21,395,086 36,945 6,162,320 583,636 G19 ...

...) ZGIHK ZGIHK 31-12-19 - - - - - - - - - - 蘇黎世保險 Zurich Insurance 31-12-19 2,468,318 1,082,412 968,090 278,015 1,300,130 733,033 320,593 (7,633) 380,512 (3,397) 總額 Total 55,434,601 37,704,011 36,582,878 6,371,633 31,994,164 21,474,638 22,669,581 114,778 6,557,672 869,214 ...

... Kong has a flourishing life insurance market. In 2014, there were more than 11 million life insurance policies in force and the total insurance cover was worth more than $4,700 billion, with the overall insurance density 3 at more than $40,000 and an insurance penetration rate4 of 14.2%, which ranked...

... importance: Chapter Relative Weight 1 12% 2 16% 3 30% 4 9% 5 5% 6 21% 7 7% Total 100% 1/1 1 RISK AND INSURANCE 1.1 CONCEPT OF RISK 1.1.1 Meaning of Risk There have been many attempts to define ‘risk’. Probably, to most of us, ‘risk’ contains a suggestion of loss or danger. We may therefore define it as...

... importance: Chapter Relative Weight 1 12% 2 16% 3 30% 4 9% 5 5% 6 21% 7 7% Total 100% 1/1 1 RISK AND INSURANCE 1.1 CONCEPT OF RISK 1.1.1 Meaning of Risk There have been many attempts to define ‘risk’. Probably, to most of us, ‘risk’ contains a suggestion of loss or danger. We may therefore define it as...

... 191,482 119,453 (10,405) 121,824 (9,479) ZGIHK ZGIHK 31-12-20 - - - - - - - - - - 蘇黎世保險 Zurich Insurance 31-12-20 2,250,756 1,294,553 1,333,292 246,384 1,002,328 582,061 744,459 2,818 396,870 (57,239) 總額 Total 59,869,329 40,470,666 38,467,049 6,723,833 30,737,123 20,366,376 22,650,938 37,512 6,718,416...

... discrepancy cannot be discounted. The IA will also provide each principal with a second CPD List next year (by the end of May 2021) setting out the total number CPD hours required to be completed by each of their appointed individual licensees by the end of the Second Assessment Period i.e. as at 31 July...

... promptly on discovery of the payment which was made by mistake or accident. (11) A licensed insurance broker company which holds or receives client monies must— (a) at least once a calendar month compare the total of the ledger balances of client monies with the total of— (i) the balances shown on the bank...