... Request for accounting concession • Levy on insurance premiums from policyholders from 1.1.2018 14 Levy rates 15 Phase 1 Phase 2 Phase 3 Phase 4 1.1. 2018 to 31.3.2019 1.4. 2019 to 31.3. 2020 1.4. 2020 to 31.3. 2021 From 1.4.2021 onwards Levy rate 0.04% 0.06% 0.085% 0.1% Levy cap Life insurance $40 $60...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_Roles_of_IA_New_regulation_landscape_for_insurance_cos.pdf -
Date: 2021-12-09
... Request for accounting concession • Levy on insurance premiums from policyholders from 1.1.2018 14 Levy rates 15 Phase 1 Phase 2 Phase 3 Phase 4 1.1. 2018 to 31.3.2019 1.4. 2019 to 31.3. 2020 1.4. 2020 to 31.3. 2021 From 1.4.2021 onwards Levy rate 0.04% 0.06% 0.085% 0.1% Levy cap Life insurance $40 $60...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_Roles_of_IA_New_regulation_landscape_for_insurance_cos.pdf -
Date: 2021-09-08
... insurance accounting for 48%, 36% and 8% of the policies respectively. General business In 2020, the gross and net premiums of general insurance business were $60.3 billion (increased by 8.3%) and $40.9 billion (increased by 8.7%) respectively. The overall underwriting profit...
https://www.ia.org.hk/english/infocenter/press_releases/20210312.html -
Date: 2021-09-03
... deduction for their qualifying deferred annuity premiums up to a maximum limit of HK$60,000* per assessment year. For detailed arrangements, please refer to the dedicated webpage on Tax Deductions for QDAP and Tax Deductible MPF Voluntary Contributions and the Inland Revenue Department’s website....
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/index.html -
Date: 2024-01-19
... Request for accounting concession • Levy on insurance premiums from policyholders from 1.1.2018 14 Levy rates 15 Phase 1 Phase 2 Phase 3 Phase 4 1.1. 2018 to 31.3.2019 1.4. 2019 to 31.3. 2020 1.4. 2020 to 31.3. 2021 From 1.4.2021 onwards Levy rate 0.04% 0.06% 0.085% 0.1% Levy cap Life insurance $40 $60...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_Roles_of_IA_New_regulation_landscape_for_insurance_cos.pdf -
Date: 2020-06-12
..., if applicable, where the guaranteed annuity portion should not be less than the Minimum Guaranteed Portion shown in the table below: Minimum Guaranteed Portion x < 30 70% 30 ≤ x < 40 60% x ≥ 40 50% Where x = total number of years between (i) the commencement of accumulation period (i.e. premium...
https://www.ia.org.hk/english/legislative_framework/files/GL19.pdf -
Date: 2020-09-24
..., if applicable, where the guaranteed annuity portion should not be less than the Minimum Guaranteed Portion shown in the table below: Minimum Guaranteed Portion x < 30 70% 30 ≤ x < 40 60% x ≥ 40 50% Where x = total number of years between (i) the commencement of accumulation period (i.e. premium...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL19.pdf -
Date: 2019-11-29
... 二零二零年臨時統計數字摘要 Summary on 2020 Provisional Statistics 香港保險業務 概要 Highlights 2020 2019 變動 長期業務(新造業務 #) Long Term Business (New Business #) (百萬元)($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...
https://www.ia.org.hk/english/infocenter/press_releases/files/Summary_on_2020_Provisional_Statistics.pdf -
Date: 2021-09-03
...,319.3 1,794.7 38,436.2 分出再保險保費 Reinsurance Outward Premiums 3,317.4 847.0 74.0 43.8 966.9 277.0 2,244.8 3,412.1 9.0 1,256.1 853.2 13,301.3 淨保費 Net Premiums 12,443.9 3,460.7 3.6 95.7 649.0 545.2 2,142.6 2,761.8 27.7 2,063.2 941.5 25,134.9 未滿期保費調整 Unearned Premiums Adjustment 403.7 60.9 (0.1) (0.5) 1.4...
https://www.ia.org.hk/english/infocenter/statistics/files/T_G2_2018.pdf -
Date: 2019-11-04
... billion from Retirement Scheme business (increased by 58.7%). On the other hand, new office premiums (excluding Retirement Scheme business) of long term business were $65.5 billion (decreased by 34.4%), mainly comprising $60.7 billion from Individual Life and Annuity (Non-Linked) business...
https://www.ia.org.hk/english/infocenter/press_releases/20200831.html -
Date: 2021-09-03