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... 22 51 12 Liability for ships 53 32 85 13 General liability 61 27 88 14 Credit 45 22 67 15 Suretyship 58 27 85 16 Miscellaneous financial loss 59 31 90 17 Legal expenses 44 29 73 1 0 1 Class of Insurance Business Overseas Total Number of Authorized Insurers Special Purpose Business Long Term Business...

... 22 51 12 Liability for ships 53 32 85 13 General liability 61 27 88 14 Credit 45 22 67 15 Suretyship 58 27 85 16 Miscellaneous financial loss 59 31 90 17 Legal expenses 44 29 73 1 0 1 Class of Insurance Business Overseas Total Number of Authorized Insurers Special Purpose Business Long Term Business...

... III 19 20 39 1 Accident 61 29 90 2 Sickness 58 23 81 3 Land vehicles 49 23 72 4 Railway rolling stock 50 29 79 5 Aircraft 26 22 48 6 Ships 52 32 84 7 Goods in transit 56 30 86 8 Fire and natural forces 60 25 85 9 Damage to property 60 25 85 10 Motor vehicle liability 48 23 71 11 Aircraft liability 28...

... with a high credit rating, its middle market quotation/market value is admitted in full (rule 4(1)). For those with a lower credit rating or without credit rating, its middle market quotation/market value is admitted up to 90% or 75%, as appropriate (rule 4(2) and (3)). 5.6 “Listed”, as defined in rule...

... insurer with statutory business General business insurer without statutory business 20 10 20 10 (I) Assume ‘X’ represents the greater of the Relevant Premium Income and the Relevant Claims Outstanding. (a) If ‘X’  HK$200 million, the Relevant Amount is :- 20% of ‘X’ (b) If ‘X’  HK$200 million, the...

... insurer with statutory business General business insurer without statutory business 20 10 20 10 (I) Assume ‘X’ represents the greater of the Relevant Premium Income and the Relevant Claims Outstanding. (a) If ‘X’  HK$200 million, the Relevant Amount is :- 20% of ‘X’ (b) If ‘X’  HK$200 million, the...

... insurer with statutory business General business insurer without statutory business 20 10 20 10 (I) Assume ‘X’ represents the greater of the Relevant Premium Income and the Relevant Claims Outstanding. (a) If ‘X’  HK$200 million, the Relevant Amount is :- 20% of ‘X’ (b) If ‘X’  HK$200 million, the...

... insurer:   General Business Insurer  The solvency margin is the greater of : one-fifth of the relevant premium income up to HK$200 million, plus one-tenth of the amount by which the relevant premium income exceeds HK$200 million; or...