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Results: 1-10 of 28

Global corporate insurance & regulatory bulletin - first quarter 2014

  • Mayer Brown LLP
  • -
  • China, European Union, Hong Kong, Singapore, United Kingdom, USA, Vietnam
  • -
  • April 29 2014

As reported in our prior bulletins, on 18 July 2013 the International Association of Insurance Supervisors (“IAIS”) published a methodology for

Is a cover note a formal insurance policy?

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • September 18 2013

The Court of Appeal in China Ping An Insurance (Hong Kong) Company Limited v. Tsang Fung Yin Josephine and Mohammad Taj (CACV 1792012) found that

Hong Kong: Contracts (Rights of Third Parties) Bill

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • June 4 2013

The Hong Kong government commenced a public consultation on a Contracts (Rights of Third Parties) Bill ("Bill"). The Bill seeks to reform the common

The New Companies Ordinance: implications for Directors & Officers Liability Insurance

  • Mayer Brown JSM
  • -
  • Hong Kong
  • -
  • February 26 2014

With the new Companies Ordinance coming into force next month, what are the considerations for companies and directors when taking out Directors &

Launch of risk-based capital model

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • May 9 2013

Hong Kong has started a study of an appropriate risk-based capital ("RBC") model and is looking to implement it in 2016 at the earliest. The

Is an insurance agent an employee or an independent contractor?

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • October 6 2011

This question came before the Court of First Instance in the case of Leung Suk Fong Peggy v The Prudential Assurance Company Limited (HCME 112010

Fraud exception in incontestability clause of life insurance policy upheld

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • July 4 2012

The Court of First Instance held in Ma Kim Ying v Manulife (International) Limited (HCA 19892008) that the incontestability clause was not applicable because of fraudulent misrepresentations by the life insured in the proposal form

Hong Kong tightens controls over sales of ILAS products

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • July 24 2013

Hong Kong regulators have tightened regulatory controls over the sale of Investment-Linked Assurance Schemes (ILAS) by imposing further requirements

Establishment of a new Independent Insurance Authority in Hong Kong consultation conclusions

  • Mayer Brown JSM
  • -
  • Hong Kong
  • -
  • January 13 2014

In the near future, Hong Kong will have a new insurance regulator which is financially and operationally independent from the government - the

To disclose or not to disclose: bankruptcy & substituted service, petitioning creditors beware

  • Mayer Brown JSM
  • -
  • Hong Kong
  • -
  • June 5 2014

Following our previous Legal Update on substituted service of a statutory demand against an individual ("Bankruptcy & Substituted Service: