... guaranteed figure) is permitted. A9 The spirit of paragraph 7.4 is to deter insurers from exaggerating the non-guaranteed benefits. For the avoidance of doubt, insurers can highlight information that concerns the customers’ risk exposure. Documentation Q10 Please clarify if only the Standard Illustration...

... incurred and early repayment penalty imposed (if applicable) under the loan contract, and you may suffer a significant financial loss. 10. Exposure to interest rate fluctuation: The interest payment of the loan facility for premium financing will affect the net rate of return (i.e. net of interest payment...

... Frequently Asked Questions in relation to Anti-Money Laundering and Counter-Terrorist Financing 15 April 2019 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Frequently Asked Questions in relation to Anti-Money Laundering and...

... Retirement Scheme) 一般業務 General Business 毛保費 淨保費 Gross Premiums Net Premiums 業務類別 2019 2018 2019 2018 Class of Business 一月至六月 Jan-Jun 一月至六月 Jan-Jun 變動 一月至六月 Jan-Jun 一月至六月 Jan-Jun 變動 (百萬元)($m) (百萬元)($m) Change (百萬元)($m) (百萬元)($m) Change 意外及健康 10,341 9,420 9.8% 8,371 7,484 11.9% Accident & Health 汽車 3,431 3...

...’s response to such feedback and the conclusions drawn. 9. The final form of the Rules is set out in Annex A. Changes from the draft Rules included in the consultation paper are shown in the marked up version in Annex B for reference. 10. Following the issuance of this paper, the IA will submit the...

...’s response to such feedback and the conclusions drawn. 9. The final form of the Rules is set out in Annex A. Changes from the draft Rules included in the consultation paper are shown in the marked up version in Annex B for reference. 10. Following the issuance of this paper, the IA will submit the...

...’s response to such feedback and the conclusions drawn. 9. The final form of the Rules is set out in Annex A. Changes from the draft Rules included in the consultation paper are shown in the marked up version in Annex B for reference. 10. Following the issuance of this paper, the IA will submit the...

...’s response to such feedback and the conclusions drawn. 9. The final form of the Rules is set out in Annex A. Changes from the draft Rules included in the consultation paper are shown in the marked up version in Annex B for reference. 10. Following the issuance of this paper, the IA will submit the...

... Annex 1 to GL14, it is regarded as outsourcing. Q10 Would it be regarded as outsourcing if a service provider sending SMS to policyholders, such as informing them of the policy details or the status of claims applications, on behalf of an authorized insurer? A10 The activity falls under “policy...

... Life and Annuity (Linked) business amounted to $17.1 billion (increased by 13.3%).  Contributions of Retirement Scheme business reached $13.5 billion (increased by 10%). On new business, new office premiums (excluding Retirement Scheme business) of long term business were $84.1 billion...