... Insurance Ordinance (Cap. 41) Annex 1 1. Introduction 1.1. Hong Kong adopts a free market economy and provides equal opportunities to participants in all sectors of the market. The insurance industry is no exception. The Insurance Authority (“IA”)’s policy is to promote development of the insurance industry...

... Insurance Ordinance (Cap. 41) Annex 1 1. Introduction 1.1. Hong Kong adopts a free market economy and provides equal opportunities to participants in all sectors of the market. The insurance industry is no exception. The Insurance Authority (“IA”)’s policy is to promote development of the insurance industry...

... Insurance Ordinance (Cap. 41) Annex 1 1. Introduction 1.1. Hong Kong adopts a free market economy and provides equal opportunities to participants in all sectors of the market. The insurance industry is no exception. The Insurance Authority (“IA”)’s policy is to promote development of the insurance industry...

... QDAP Selection Made Easy QDAP Selection Made Easy allows you easily search for the current available QDAP options with applicable product features. Simply answer 5 questions, including current age, policy currency, premium payment period, annuity...

... group of companies which also have subsidiaries in other jurisdictions carrying on insurance business in those jurisdictions. In these groups (referred to hereafter as “insurance groups”), the risk management and control functions as well as significant management and policy decisions are often carried...

... Fulfillment Ratio Why do we need a fulfillment ratio? Participating policies pay both guaranteed and non-guaranteed benefits to policy holders, who are entitled to receive non-guaranteed dividends or bonuses by sharing the insurer’s profits. At the...

... Ordinance as well as on the implementation of resolution planning requirements. Should you have any enquires on the above, please contact Mr Erwin Chak at 2153 2736 or Ms Jenny Tsang at 2153 2743. Yours faithfully, Raymond Tam Executive Director Policy and Development Division Insurance Authority c.c....