10 See Treasury Market Practices Group (2019), Best Practice Guidance on Clearing and Settlement (New York: TMPG, July), https://www.newyorkfed.org/TMPG/best_practices.html; Darrell Duffie (2020), “Still the World’s Safe Haven?
In our insurance business, the total premium receipts for the first three quarters amounted to MOP3.2 billion, which was a 13.5% increase year-on-year. The overall operation of the insurance industry has been steady, the aggregate asset value, including value of assets guaranteeing technical reserves has registered marked increase. It reflects the stable financial status of the industry, which carries much weight in sustainable development.