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Searching Content indexed under Insurance by Mayer Brown ordered by Published Date Descending.
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1
New Codes Of Conduct For Insurance Intermediaries Are Coming Soon!
The new Section 90 of the Insurance Ordinance Cap. 41 ("Ordinance") introduces statutory conduct requirements for licensed insurance agents and insurance brokers.
Hong Kong
30 May 2019
2
Employees Of Insurers Beware – Do You Need To Be Licensed As An Insurance Intermediary?
Under the new insurance licensing regime, Section 64G of the Insurance Ordinance Cap.
Hong Kong
22 May 2019
3
Consultation On Imposing Pecuniary Penalties Against Insurance Intermediaries - What You Need To Know
The new Hong Kong insurance intermediary regime is expected to commence in mid-2019.
Hong Kong
18 Mar 2019
4
Liberalisation Of The Myanmar Insurance Sector – An Interesting Opportunity For Foreign Insurance Companies
On 2 January 2019, the Myanmar Ministry of Planning and Finance (MoPF) issued Announcement No.1/2019 (the "Announcement")
Singapore
22 Feb 2019
5
New Corporate Governance Standards For Authorised Insurers To Ring In The New Year
2017 brings a new and modernised set of corporate governance standards to authorised insurers in Hong Kong.
Hong Kong
9 Jan 2017
6
Implication Of Pre-Action Settlement Offers By Insurer Clients
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.
Hong Kong
20 Apr 2016
7
A New Era Of Insurance Regulation In Hong Kong
On 10 July 2015, the Insurance Companies (Amendment) Ordinance 2015 was enacted bringing Hong Kong into a new era of insurance regulation.
Hong Kong
15 Sep 2015
8
Underwriting And Selling Of Life Insurance Products In Hong Kong
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.
Hong Kong
7 Sep 2015
9
Guarding Against The Creation Of Statutory Trusts When Assigning Life Insurance Policies As Collateral
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.
Hong Kong
12 Jun 2015
10
When Does An Insurance Intermediary Need To Disclose Commissions? Judgment From UK Supreme Court May Provide Some Guidance
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.
Hong Kong
21 May 2015
11
Vietnam: Changes In Health Insurance Regulations
On 13 June 2014 the National Assembly issued Law No. 46/2014/QH11 ("Law 46") amending and supplementing some provisions of the Law on Health Insurance.
Vietnam
16 Mar 2015
12
Levels Of Compensation Under The Employees’ Compensation Ordinance In Hong Kong Increased Following Review
The amendments will take effect for work accidents happening on or after 5 March 2015.
Hong Kong
10 Feb 2015
13
Reduced Limitation Period In Insurance Policy Enforceable
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.
Hong Kong
5 Feb 2015
14
Marine Insurance Warranty Upheld
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.
Hong Kong
2 Nov 2014
15
China Issues Policies On Further Development Of The Insurance Industry
The State Council of the People’s Republic of China has issued Several Opinions on Accelerating the Development of the Modern Insurance Industry.
China
4 Sep 2014
16
Impact Of FATCA On ORSO Schemes In Hong Kong
The Foreign Account Tax Compliance Act (FATCA) is an invasive piece of US legislation. It is designed to identify tax avoidance being undertaken by US entities.
Hong Kong
29 May 2014
17
Third Party Rights Against Insurers And The Bridgecorp Decision – Do Hong Kong Insurers Need To Be Concerned?
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.
Hong Kong
14 Mar 2014
18
The New Companies Ordinance: Implications For Directors & Officers Liability Insurance
With the new Companies Ordinance coming into force next month, what are the considerations for companies and directors when taking out Directors & Officers Liability Insurance?
Hong Kong
27 Feb 2014
19
Vietnam’s Insurance Market: An Overview – January 2014
Vietnam started liberalising its insurance market by allowing foreign insurers to participate in the domestic market almost 20 years ago.
Vietnam
2 Feb 2014
20
Establishment Of A New Independent Insurance Authority In Hong Kong – Consultation Conclusions
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.
Hong Kong
15 Jan 2014
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