1937_LIFE_INSURANCE_COMPANIES_ORDINANCE__1907 — Page 17

HK Historical Laws 香港歷史法例 All AI Reviewed

LIFE INSURANCE COMPANIES.

No. 11 of 1907.

1045.

7. The liabilities of the company under life policies and annuities at the date of the valuation, showing the number of policies, the amount assured and the amount of premiums payable annually under each class of policies, both with and without participation in profits, and also the net liabilities and assets of the company, with the amount of surplus or deficiency. (These returns should be made in the forms annexed.)

8. The time during which a policy must be in force in order to entitle it to share in the profits.

9. The results of the valuation; showing-

(1) the total amount of profit made by the company;

(2) the amount of profit divided among the policy holders, and the number and amount of the policies which participated;

(3) the amount of profit brought forward from the previous valuation, the profits allotted to whole life assurances and endowment assurances respectively, and also the profits divided amongst the shareholders;

(4) specimens of bonuses allotted to policies for 1,000 dollars effected at the respective ages of 20, 30, 40 and 50, and having been respectively in force for 5 years, 10 years, and upwards at intervals of 5 years respectively, together with the amounts apportioned under the various modes in which the bonus might be received.

(Form referred to under heading 6 in the Fifth Schedule.)

Consolidated revenue account of the company commencing on the 19..., for the period, and ending on the 19....

C.

Amount of funds on the 19..., the beginning of the period

Premiums (after deduction of reassurance premiums)

Consideration for annuities granted

Interest and dividends

Other receipts (accounts to be specified)

Claims under policies (after deduction of sums reassured)

Surrenders

Annuities

Commission

Expenses of management

Dividends and bonuses to shareholders

Other payments (accounts to be specified)

Amount of funds on the 19..., the end of the period, as per First (or Third) Schedule

C.

Edit History

2026-05-03 15:01:02 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct
Live
View comparison
AI Proofread
LIFE INSURANCE COMPANIES. No. 11 of 1907. 1045. 7. The liabilities of the company under life policies and annuities at the date of the valuation, showing the number of policies, the amount assured and the amount of premiums payable annually under each class of policies, both with and without participation in profits, and also the net liabilities and assets of the company, with the amount of surplus or deficiency. (These returns should be made in the forms annexed.) 8. The time during which a policy must be in force in order to entitle it to share in the profits. 9. The results of the valuation; showing- (1) the total amount of profit made by the company; (2) the amount of profit divided among the policy holders, and the number and amount of the policies which participated; (3) the amount of profit brought forward from the previous valuation, the profits allotted to whole life assurances and endowment assurances respectively, and also the profits divided amongst the shareholders; (4) specimens of bonuses allotted to policies for 1,000 dollars effected at the respective ages of 20, 30, 40 and 50, and having been respectively in force for 5 years, 10 years, and upwards at intervals of 5 years respectively, together with the amounts apportioned under the various modes in which the bonus might be received. (Form referred to under heading 6 in the Fifth Schedule.) Consolidated revenue account of the company commencing on the 19..., for the period, and ending on the 19.... C. Amount of funds on the 19..., the beginning of the period Premiums (after deduction of reassurance premiums) Consideration for annuities granted Interest and dividends Other receipts (accounts to be specified) Claims under policies (after deduction of sums reassured) Surrenders Annuities Commission Expenses of management Dividends and bonuses to shareholders Other payments (accounts to be specified) Amount of funds on the 19..., the end of the period, as per First (or Third) Schedule C.
Baseline (Original)
LIFE INSURANCE COMPANIES. No. 11 of 1907. 1045. 7. The liabilities of the company under life policies and annuities [Fifth at the date of the valuation, showing the number of policies, the Schedule, amount assured and the amount of premiums payable annually under contd.] each class of policies, both with and without participation in profits, and also the net liabilities and assets of the company, with the amount of surplus or deficiency. (These returns should be made in the forms annexed.) 8. The time during which a policy must be in force in order to entitle it to share in the profits. 9. The results of the valuation; showing- (1) the total amount of profit made by the company; (2) the amount of profit divided among the policy holders, and the number and amount of the policies which participated; (3) the amount of profit brought forward from the previous valuation, the profits allotted to whole life assurances and endowment assurances respectively, and also the profits divided shareholders; amongst the (4) specimens of bonuses allotted to policies for 1,000 dollars. effected at the respective ages of 20, 30, 40 and 50, and having been respectively in force for 5 years, 10 years, and upwards at intervals of 5 years respectively, together with the amounts apportioned under the various modes in which the bonus might be received. years, (Form referred to under heading 6 in the Fifth Schedule.) Consolidated revenue account of the commencing , for and ending C. Amount of funds on 19 the beginning of Premiums (after deduction of reassurance premiums) Consideration for annuities granted Interest and dividends Other receipts (accounts to be specified) Claims under policies (after deduction of sums reassured) Surrenders Annuities Commission Expenses of management Dividends and bonuses to shareholders Other payments (accounts to be specified) Amount of funds on 19 the end of the period, as per First Third) Schedule (or C.
2026-05-03 15:01:02 · Baseline
View content

LIFE INSURANCE COMPANIES.

No. 11 of 1907.

1045.

7. The liabilities of the company under life policies and annuities [Fifth at the date of the valuation, showing the number of policies, the Schedule, amount assured and the amount of premiums payable annually under contd.] each class of policies, both with and without participation in profits, and also the net liabilities and assets of the company, with the amount of surplus or deficiency. (These returns should be made in the forms annexed.)

8. The time during which a policy must be in force in order to entitle it to share in the profits.

9. The results of the valuation; showing-

(1) the total amount of profit made by the company;

(2) the amount of profit divided among the policy holders, and the number and amount of the policies which participated;

(3) the amount of profit brought forward from the previous valuation, the profits allotted to whole life assurances and endowment assurances respectively, and also the profits divided shareholders;

amongst the

(4) specimens of bonuses allotted to policies for 1,000 dollars. effected at the respective ages of 20, 30, 40 and 50, and having been respectively in force for 5 years, 10 years, and upwards at intervals of 5 years respectively, together with the amounts apportioned under the various modes in which the bonus might be received.

years,

(Form referred to under heading 6 in the Fifth Schedule.)

Consolidated revenue account of the

commencing

, for

and ending

C.

Amount of funds on

19

the beginning of

Premiums (after deduction of

reassurance premiums) Consideration for annuities

granted

Interest and dividends

Other receipts (accounts to be

specified)

Claims under policies (after deduction of sums reassured)

Surrenders

Annuities

Commission

Expenses of management

Dividends and bonuses to

shareholders

Other payments (accounts to

be specified)

Amount of funds on

19

the end of the

period, as per First

Third) Schedule

(or

C.

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.