... Office of the Commissioner of Insurance ANNUAL REPORT 2016 Supervision Protection Development ANNUAL REPORT 2016 Contents Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 Work of the Insurance Authority 15 General Insurance Business 2...

... Office of the Commissioner of Insurance ANNUAL REPORT 2016 Supervision Protection Development ANNUAL REPORT 2016 Contents Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 Work of the Insurance Authority 15 General Insurance Business 2...

... Office of the Commissioner of Insurance ANNUAL REPORT 2016 Supervision Protection Development ANNUAL REPORT 2016 Contents Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 Work of the Insurance Authority 15 General Insurance Business 2...

... investment policy; (b) a description of the company’s dividend policy. 28. A description of the company’s claims reserving policy, including arrangements for setting up reserves, frequency of reviewing, and measures and methodologies used to ensure their adequacy. In case of a non-Hong Kong company, the...

... investment policy; (b) a description of the company’s dividend policy. 28. A description of the company’s claims reserving policy, including arrangements for setting up reserves, frequency of reviewing, and measures and methodologies used to ensure their adequacy. In case of a non-Hong Kong company, the...

... investment policy; (b) a description of the company’s dividend policy. 28. A description of the company’s claims reserving policy, including arrangements for setting up reserves, frequency of reviewing, and measures and methodologies used to ensure their adequacy. In case of a non-Hong Kong company, the...

...’ or licensed insurance intermediaries’ attention. (k) Authorized insurers should use the time available during the transitional period as specified in Q&A 33 below to review the process for ensuring compliance. 10 (3) Disclosure of risks associated with dividend payout investment choices In addition...

...’ or licensed insurance intermediaries’ attention. (k) Authorized insurers should use the time available during the transitional period as specified in Q&A 33 below to review the process for ensuring compliance. 10 (3) Disclosure of risks associated with dividend payout investment choices In addition...

...’ or licensed insurance intermediaries’ attention. (k) Authorized insurers should use the time available during the transitional period as specified in Q&A 33 below to review the process for ensuring compliance. 10 (3) Disclosure of risks associated with dividend payout investment choices In addition...

... exempt from the levy. Rounding 5. If the amount of levy for each policy includes a fraction of a cent, the amount is to be rounded to the nearest cent. 1 Non-cash methods include automatic premium loan, cash on investment and premium offset by dividend etc., these are recorded as premium income and...