Mondaq All Regions - Hong Kong: Insurance
Clyde & Co
Non-traditional players continue to have high levels of interest in the Asian insurance industry, with its attractive growth prospects. However, market entry is hindered by a number of factors.
Howse Williams Bowers
In a claims-made policy, the insurer's obligation to indemnify is triggered not by the occurrence of a loss, but by a third party making a claim against an insured.
Clyde & Co
2018 is likely to be the year of innovation for the insurance market in Hong Kong.
Clyde & Co
The Insurance Authority has recently launched two new initiatives to promote the use of insurtech in Hong Kong.
Clyde & Co
According to the Legislative Council brief issued on 19 April 2017 by the Financial Services and the Treasury Bureau and the Provisional Insurance Authority, 26 June 2017 is the commencement date...
Clyde & Co
On 3 March 2017, the Financial Services Development Council (the "Council") issued an important report, titled: "Turning Crisis into Opportunities: Hong Kong as an Insurance Hub with Development Focuses on Reinsurance, Marine and Captive" (the "Report").
Mayer Brown
2017 brings a new and modernised set of corporate governance standards to authorised insurers in Hong Kong.
GuernseyFinance
Captives are certainly going to be at the forefront of innovation in Asia's insurance market and Guernsey is proud to be recognised as a centre of excellence in this area.
Mayer Brown
The Plaintiff, a lawful visitor of a fitness centre operated by the Defendant, slipped, and fell, while walking towards the shower room area of the said fitness centre, leading to injuries in the left wrist.
Mayer Brown
On 10 July 2015, the Insurance Companies (Amendment) Ordinance 2015 was enacted bringing Hong Kong into a new era of insurance regulation.
Mayer Brown
This legal update briefly summarises the recent guidelines issued by the OCI and HKMA: OCI Guidance Note 16 on Underwriting Long Term Insurance Business ("GN16") and HKMA Circulars: (i) Selling of Life Insurance Products dated 4 August 2015 and (ii) Selling of Non-Linked Long Term Insurance Products dated 8 December 2014.
Mayer Brown
Section 13 of the Married Persons Status Ordinance Cap 182 (MPSO) of Hong Kong creates a statutory trust in favour of beneficiaries who are the spouse or children of the life insured.
Mayer Brown
In the UK Supreme Court's judgment of Plevin v. Paragon Personal Finance Limited UKSC 61, it was held that the failure to disclose a commission of 71.8 percent made the consumer contract unfair.
Mayer Brown
In the recent case of Possehl Electronics Hong Kong Limited v. China Taiping Insurance (HK) Co. Ltd, the plaintiff appealed against the judgment of the Court of First Instance dated 19 December 2013.
Clyde & Co
To celebrate the countdown to Christmas, the Corporate Insurance team will be publishing a prediction for 2015 each day.
Norton Rose Fulbright Australia
If passed, the Contracts (Rights of Third Parties) Bill will have a wide impact on the Hong Kong insurance industry.
Mayer Brown
A marine insurance dispute that ascends to Hong Kong’s Court of Final Appeal is both a rarity and a matter of international legal interest.
Mayer Brown
The Third Party (Rights Against Insurers) Ordinance Cap 273 (TPRAI) in Hong Kong allows third parties to claim against the wrongdoer’s liability insurer in the event of insolvency.
Mayer Brown
In the near future, Hong Kong will have a new insurance regulator which is financially and operationally independent from the government – the Independent Insurance Authority.
Mayer Brown
The English Courts have held that insurers are not entitled to reject a blanket notification filed by an insured.
Most Popular Recent Articles
Clyde & Co
According to the Legislative Council brief issued on 19 April 2017 by the Financial Services and the Treasury Bureau and the Provisional Insurance Authority, 26 June 2017 is the commencement date...
Clyde & Co
On 3 March 2017, the Financial Services Development Council (the "Council") issued an important report, titled: "Turning Crisis into Opportunities: Hong Kong as an Insurance Hub with Development Focuses on Reinsurance, Marine and Captive" (the "Report").
Clyde & Co
2018 is likely to be the year of innovation for the insurance market in Hong Kong.
Howse Williams Bowers
In a claims-made policy, the insurer's obligation to indemnify is triggered not by the occurrence of a loss, but by a third party making a claim against an insured.
Mayer Brown
2017 brings a new and modernised set of corporate governance standards to authorised insurers in Hong Kong.
Clyde & Co
The Insurance Authority has recently launched two new initiatives to promote the use of insurtech in Hong Kong.
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