... 2016 achieved a 20% growth over the corresponding period in 2015. To strengthen the guidance on insurers’ corporate governance and risk management, we revised the Guidance Note on the Corporate Governance of Authorised Insurers (GN10) in October 2016 to incorporate high level standards that were on a...

... 2016 achieved a 20% growth over the corresponding period in 2015. To strengthen the guidance on insurers’ corporate governance and risk management, we revised the Guidance Note on the Corporate Governance of Authorised Insurers (GN10) in October 2016 to incorporate high level standards that were on a...

... commits suicide within a certain period of the policy’s issue date. Your new life insurance policy may restart the period in the “suicide clause”. a) Period in the “Suicide Clause” expires on： Existing life insurance policy(ies)： ( D / M / Y ) New life insurance policy： Number of months from the new...

... commits suicide within a certain period of the policy’s issue date. Your new life insurance policy may restart the period in the “suicide clause”. a) Period in the “Suicide Clause” expires on： Existing life insurance policy(ies)： ( D / M / Y ) New life insurance policy： Number of months from the new...

... not be payable if the life insured commits suicide within a certain period of the policy’s issue date. Your new life insurance policy may restart the period in the “suicide clause”. a) Period in the “Suicide Clause” expires on： Existing life insurance policy(ies)： ( D / M / Y ) New life insurance...

... confidence in insurance industry During a 3-year transitional period (i.e. 23 September 2019 – 22 September 2022) . An insurance intermediary validly registered with a SRO* immediately before the commencement of the new regime is deemed to be a licensed insurance intermediary under the new regime (“deemed...

... confidence in insurance industry During a 3-year transitional period (i.e. 23 September 2019 – 22 September 2022) . An insurance intermediary validly registered with a SRO* immediately before the commencement of the new regime is deemed to be a licensed insurance intermediary under the new regime (“deemed...

... writing within a certain period (say a month)  Similar arrangement can be used for deduction of levy:  Adding levy to the amount of APL - Automatic Policy Loan  Deduct outstanding levy from benefit payment on Claim, Maturity or Surrender  Levy is what the policy holder owes the IA and not the insurer....

... for the first half of 2020, indicating a growth of total gross premiums by 6% to $313.7 billion over the corresponding period in 2019. (Percentage changes in brackets represent changes over the same period last year) Long term business Total revenue premiums of...

... Person Single Person Single Person Single Person Monthly income Tax savings 3 Receive annuity payouts regularly over a specified length of time or as long as you live Pay the premiums Annuity periodPremium payment period Premiums are invested and accumulated during the accumulation period What is an...