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Results: 1-10 of 16

The end of self-regulation? Proposals to establish an independent insurance authority

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • July 14 2010

The Financial Services and the Treasury Bureau is proposing the establishment of an independent insurance authority to strengthen regulation of the industry

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

Third party rights against insurers and the Bridgecorp decision do Hong Kong insurers need to be concerned?

  • Mayer Brown JSM
  • -
  • Hong Kong, United Kingdom
  • -
  • March 7 2014

The Third Party (Rights Against Insurers) Ordinance Cap 273 (TPRAI) in Hong Kong allows third parties to claim against the wrongdoer's liability

Insurers not entitled to reject blanket notification McManus & Others v. European Risk Insurance Co 2013 EWHC 18 (Ch)

  • Mayer Brown JSM
  • -
  • United Kingdom
  • -
  • January 10 2014

The English Courts have held that insurers are not entitled to reject a blanket notification filed by an insured. The Court ruled that a notification

Defendants aren't always required to disclose documents referred to in their pleadings Moulin v. Olivia Lee

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • July 29 2013

In Moulin Global Eyecare Holdings Limited (In Liquidation) v. Olivia Lee Sin Mei, the Court of Appeal dismissed the plaintiff's appeal for an order

Court of Final Appeal to consider interpretation of business interruption coverage for New World Harbourview Hotel

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • August 30 2011

Following the Court of Appeal decision to uphold the the interpretation of terms concerning business interruption losses under two Composite Mercantile Policies adopted by Reyes J., leave has been granted by the Court of Final Appeal on 26 August 2011 to hear this case, in particular, on the following point of law

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

Clear-cut tests preferred in the interpretation of policy terms - New World Harbourview Hotel Company Limited & ors v. Ace Insurance Limited & ors

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • May 11 2010

In a recent decision, the Court was invited to give directions on a number of issues in dispute between the insureds and their insurers, with respect to the interpretation of terms concerning business interruption losses under two Composite Mercantile Policies

When reinsurance may not be "back to back" - Wasa v Lexington

  • Mayer Brown LLP
  • -
  • USA
  • -
  • October 19 2009

Lexington issued an "All Risks Difference in Conditions" Property Damage Insurance Policy (the "Policy") to the Aluminium Company of America ("ALCOA") for the period 1 July 1977 to 1 July 1980

Lessons from the CJR - sanctioned offer in practice

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • May 14 2010

The recent decision in Fung Wing Yee (a minor) v. Chen Jung Chien demonstrates how the Court applies the new rules on sanctioned offer and awards enhanced costs and interests to the Plaintiff, who had done better at trial than her sanctioned offer to the Defendant