1950_LIFE_INSURANCE_COMPANIES_ORDINANCE — Page 20

HK Historical Laws 香港歷史法例 All AI Reviewed

CAP. 36]

[Sixth Sch. cont.]

Life Insurance Companies.

5. The total amount assured under endowment assurances specifying sums assured, reversionary bonuses and office yearly premiums separately in respect of each calendar year in which such assurances will mature for payment, and stating also the average age, as at the valuation date, in respect of each such calendar year of maturity, distinguishing assurances with and without participation in profits.

6. The total amount assured under classes of assurance business other than for the whole term of life, and other than endowment assurances, distinguishing the sums assured under each class, and stating separately the amount assured with and without profits, and the total amount of reversionary bonuses.

7. The amount of premiums receivable annually in respect of each such special class of assurances mentioned under heading 6, distinguishing ordinary from extra premiums.

8. The total amount of premiums which has been received from the commencement upon all policies under each special class mentioned under heading 6 which are in force at the date above mentioned.

9. The total amount of immediate annuities on lives, distinguishing the amounts for each year of life.

10. The amount of all annuities other than those specified under heading 9, distinguishing the amount of annuities payable under each class, the amount of premiums annually receivable, and the amount of consideration money receivable in respect of each such class, and the total amount of premiums received from the commencement upon all deferred annuities.

11. The average rate of interest yielded by the assets whether invested or uninvested constituting the life insurance fund of the company, calculated upon the mean fund of each year during the period since the last investigation.

12. A table of minimum values, if any, allowed for the surrender of policies for the whole term of life, and for endowment assurances, or a statement of the method pursued in calculating such surrender values, with instances of its application to policies of different standing and taken out at various interval ages, from the youngest to the oldest.

Separate statements to be furnished for business transacted according to different office rates of premium together with a statement of the manner in which policies on unhealthy lives are dealt with.

-306

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CAP. 36] [Sixth Sch. cont.] Life Insurance Companies. 5. The total amount assured under endowment assurances specifying sums assured, reversionary bonuses and office yearly premiums separately in respect of each calendar year in which such assurances will mature for payment, and stating also the average age, as at the valuation date, in respect of each such calendar year of maturity, distinguishing assurances with and without participation in profits. 6. The total amount assured under classes of assurance business other than for the whole term of life, and other than endowment assurances, distinguishing the sums assured under each class, and stating separately the amount assured with and without profits, and the total amount of reversionary bonuses. 7. The amount of premiums receivable annually in respect of each such special class of assurances mentioned under heading 6, distinguishing ordinary from extra premiums. 8. The total amount of premiums which has been received from the commencement upon all policies under each special class mentioned under heading 6 which are in force at the date above mentioned. 9. The total amount of immediate annuities on lives, distinguishing the amounts for each year of life. 10. The amount of all annuities other than those specified under heading 9, distinguishing the amount of annuities payable under each class, the amount of premiums annually receivable, and the amount of consideration money receivable in respect of each such class, and the total amount of premiums received from the commencement upon all deferred annuities. 11. The average rate of interest yielded by the assets whether invested or uninvested constituting the life insurance fund of the company, calculated upon the mean fund of each year during the period since the last investigation. 12. A table of minimum values, if any, allowed for the surrender of policies for the whole term of life, and for endowment assurances, or a statement of the method pursued in calculating such surrender values, with instances of its application to policies of different standing and taken out at various interval ages, from the youngest to the oldest. Separate statements to be furnished for business transacted according to different office rates of premium together with a statement of the manner in which policies on unhealthy lives are dealt with. -306
Baseline (Original)
1 CAP. 36] [Sixth Sch. cont.] Life Insurance Companies. 5. The total amount assured under endowment assurances specifying sums assured, reversionary bonuses and office yearly premiums separately in respect of each calendar year in which such assurances will mature for payment, and stating also the average age, as at the valuation date, in respect of each such calendar year of maturity, distinguishing assurances with and without participation in profits. 6. The total amount assured under classes of assurance business other than for the whole term of life, and other than endowment assurances, distinguishing the sums assured under each class, and stating separately the amount assured with and without profits, and the total amount of reversionary bonuses. 7. The amount of premiums receivable annually in respect of each such special class of assurances mentioned under heading 6, distinguishing ordinary from extra premiums. 8. The total amount of premiums which has been received from the commencement upon all policies under each special class mentioned under heading 6 which are in force at the date above mentioned. 9. The total amount of immediate annuities on lives, dis- tinguishing the amounts for each year of life. 10. The amount of all annuities other than those specified under heading 9, distinguishing the amount of annuities payable under each 'class, the amount of premiums annually receivable, and the amount of consideration money receivable in respect of each such class, and the total amount of premiums received from the commencement upon all deferred annuities. 11. The average rate of interest yielded by the assets whether invested or uninvested constituting the life insurance fund of the company, calculated upon the mean fund of each year during the period since the last investigation. 12. A table of minimum values, if any, allowed for the surrender of policies for the whole term of life, and for endowment assurances, or a statement of the method pursued in calculating such surrender values, with instances of its application to policies of different stand- ing and taken out at various interval ages, from the youngest to the oldest. Separate statements to be furnished for business transacted according to different office rates of premium together with a state- ment of the manner in which policies on unhealthy lives are dealt with. -306
2026-05-03 22:17:55 · Baseline
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1

CAP. 36]

[Sixth Sch. cont.]

Life Insurance Companies.

5. The total amount assured under endowment assurances specifying sums assured, reversionary bonuses and office yearly premiums separately in respect of each calendar year in which such assurances will mature for payment, and stating also the average age, as at the valuation date, in respect of each such calendar year of maturity, distinguishing assurances with and without participation in profits.

6. The total amount assured under classes of assurance business other than for the whole term of life, and other than endowment assurances, distinguishing the sums assured under each class, and stating separately the amount assured with and without profits, and the total amount of reversionary bonuses.

7. The amount of premiums receivable annually in respect of each such special class of assurances mentioned under heading 6, distinguishing ordinary from extra premiums.

8. The total amount of premiums which has been received from the commencement upon all policies under each special class mentioned under heading 6 which are in force at the date above mentioned.

9. The total amount of immediate annuities on lives, dis- tinguishing the amounts for each year of life.

10. The amount of all annuities other than those specified under heading 9, distinguishing the amount of annuities payable under each 'class, the amount of premiums annually receivable, and the amount of consideration money receivable in respect of each such class, and the total amount of premiums received from the commencement upon all deferred annuities.

11. The average rate of interest yielded by the assets whether invested or uninvested constituting the life insurance fund of the company, calculated upon the mean fund of each year during the period since the last investigation.

12. A table of minimum values, if any, allowed for the surrender of policies for the whole term of life, and for endowment assurances, or a statement of the method pursued in calculating such surrender values, with instances of its application to policies of different stand- ing and taken out at various interval ages, from the youngest to the oldest.

Separate statements to be furnished for business transacted according to different office rates of premium together with a state- ment of the manner in which policies on unhealthy lives are dealt with.

-306

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