... Customer Servicing iii. Marketing and Promotion iv. Insurance Sales v. Underwriting P2 of 2 vi. Policy Administration vii. Claims viii. Reinsurance ix. Actuarial Support x. Accounting and Investment xi. Training and Development V. STRUCTURE OF HONG KONG INSURANCE INDUSTRY i. Types of Insurance Business ii....

... COMPANY i. Product Development ii. Customer Servicing iii. Marketing and Promotion iv. Insurance Sales v. Underwriting P2 of 2 vi. Policy Administration vii. Claims viii. Reinsurance ix. Actuarial Support x. Accounting and Investment xi. Training and Development V. STRUCTURE OF HONG KONG INSURANCE...

... Subrogation IV. CORE FUNCTIONS OF AN INSURANCE COMPANY i. Product Development ii. Customer Servicing iii. Marketing and Promotion iv. Insurance Sales v. Underwriting P2 of 2 vi. Policy Administration vii. Claims viii. Reinsurance ix. Actuarial Support x. Accounting and Investment xi. Training and Development...

... immediatechanges in shareholder controller iscontrollers to whom section 13B applies are subject to IA’s prior approval under s.13Bno objection) (Form A/B in Schedule 5) X (Note: changes in controllershareholder controllers (other than a controller to whomwhere section 13B applies) are subject to notification...

... approval is required for appointment of controllers as defined under section 13A(12)(a)(ii)) (Form A in Schedule 4) Shareholder controller  (Note: changes in shareholder controllers to whom section 13B applies are subject to IA’s no objection) (Form A/B in Schedule 5) X (Note: changes in shareholder...

... after the valuation date, in determining its liabilities: Proposed Formula Yield Assumed = 20% x Yield at Valuation Date + 80% x 60-Month Average Yield Where: Yield Assumed = yield assumed on investments to be made more than 3 years after the valuation date (to be used for the purposes of determining...

... after the valuation date, in determining its liabilities: Proposed Formula Yield Assumed = 20% x Yield at Valuation Date + 80% x 60-Month Average Yield Where: Yield Assumed = yield assumed on investments to be made more than 3 years after the valuation date (to be used for the purposes of determining...

..., 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...

..., 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...

...  Participating  Policies,  it  states  that  benefits  under  Pessimistic  Scenario  are  based  on  a  decrease  of  about  x%  p.a.  whereas benefits under Optimistic Scenario are based on an increase of about y%  p.a. in comparing with the current assumed investment return. Please elaborate a  bit  more...