... these Interpretation Notes from time to time. Unless otherwise specified, words and expressions in these Interpretation Notes shall have the same meanings as given to them in the Group Capital Rules and GL32, as relevant. Examples 1 to 6 describe the treatment of double-counting in the determination of...

... appointment as a new Non-Executive Director (NED) of the IA and the seven incumbent NEDs on their reappointments: Mr Samuel Chan Ka-yan, Professor Chan Wai-sum, Ms Chitty Cheung Fung-ting, Mr Kenneth Kwok Tsun-wa, Mr Ma Ho-fai, Mr James Wong Chien-kuo and Mr Stephen Yiu Kin-wah. Established in...

... non-guaranteed benefits. Back to the questions Conclusion Premium financing is a double-edged sword. The leverage it offers can boost the policy holder’s potential return but also magnifies any potential losses. The higher the loan amount is to the total premium...

... Assured / Protection Amount [F] [Initial] [M/Q/SA/A] Premium Premium Payment Term Benefit Term Basic Plan Supplementary Benefits eg. Accidental Death Benefit Double Indemnity Hospital Income [G] Total [Initial] [M/Q/SA/A] Premium: ======== 1 Name of Applicant: ___________________ Signature...

... 1 Market Overview - General Insurance Market Performance of General Insurance Business in 20201 Hong Kong general insurance market demonstrated strong resilience despite the considerable challenges brought by COVID-19 throughout the year. Total gross written premiums (“GWP”) recorded a growth rate...

... America) (item 27) Jama'at al-Tawhid wa'al-Jihad (JTJ) (item 78) You should review your records carefully to see whether you have had, or currently have, accounts, transactions or dealings with the named individuals or entities. If such review reveals any suspicious accounts...

... and adjustments that are applicable to “IFRS shareholder equity less goodwill and any other intangible assets” in the Group Capital Rules or guidelines? Question 3 Are there other arrangements or holding structures that may require adjustments to be made to eliminate double-counting? Question 4 Do you...

... Smoker 2. Benefit Summary [D] Policy Currency Benefit Description [E] [Initial] Sum Assured / Protection Amount [F] [Initial] [M/Q/SA/A] Premium Premium Payment Term Benefit Term Basic Plan Supplementary Benefits eg. Accidental Death Benefit Double Indemnity Hospital Income [G] Total [Initial] [M/Q/SA/A...

... removal of double- counting by reference to illustrative examples. The Interpretation Notes do not, however, represent any change to the underlying calculation methodology in group capital adequacy assessment. The IA reserves the right to review and update the Interpretation Notes from time to time. The...

... ▶ Individuals who have high protection needs (e.g. mortgage loan repayment) for a certain period of time. ▶ Individuals who are looking solely for protection and have other financial plans. 32 Coverage period Lifetime Death benefits The total amount as shown in the benefit illustrations. It normally comprises...