OCI Annual Report 2007
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Appendices
Mission Statement
Key Indicators
Insurance Industry Statistical Highlights
Message from the Commissioner
Work of the Insurance Authority
General Insurance Business
Long Term Insurance Business
Supervisory Developments for Insurance Intermediaries
Consumer Proctection
Organisation and Management
Appendices
Calendar of Events 2007

Appendix 7

Number of Insurance Intermediaries as at 31.12.2007

Number of Appointed Insurance Agents, their Responsible Officers and Technical Representatives registered with the Insurance Agents Registration Board1

Type of Insurance Business Number of Appointed Insurance Agents Number of Responsible Officers and Technical Representatives of Appointed Insurance Agents
General 2 2,635 4,961
Long Term (excluding Linked Long Term) 2,686 1,171
(including Linked Long Term) 8,963 838
Both General and Long Term (excluding Linked Long Term) 940 5,213
(including Linked Long Term) 15,818 12,215
Total 31,042 24,398

Number of Authorised Insurance Brokers, their Chief Executives and Technical Representatives

Type of Insurance Business Number of Authorised Insurance Brokers by virtue of their Membership with 4 : Number of Chief Executives and Technical Representatives of Authorized Insurance Brokers
The Hong Kong Confederation of Insurance Brokers Professional Insurance Brokers Association
General 26 20 738
Long Term (excluding Linked Long Term) 1 1 200
(including Linked Long Term) 28 20 2,505

Both General and Long Term

(excluding Linked Long Term) 59 67 1,004
(including Linked Long Term) 132 154 2,105
Total 246 262 6,552
1 Based on figures supplied by The Hong Kong Federation of Insurers.
2 The figures also include those travel agents who are registered for selling only restricted scope travel insurance.
3 The authorization of Lloyds TSB Pacific Limited, the insurance broker authorised by the Insurance Authority under section 69 of the Insurance Companies Ordinance was withdrawn in 2007
4

Based on the figures supplied by the approved bodies of insurance brokers.

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