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Effect of new data privacy rules on direct marketing by insurance companies
- Mayer Brown LLP
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- Hong Kong
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- May 9 2013
The provisions in Hong Kong's Personal Data (Privacy) (Amendment) Ordinance 2012 ("Amendment Ordinance") relating to direct marketing came into
Launch of risk-based capital model
- Mayer Brown LLP
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- Hong Kong
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- 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
Transfer of long-term business and the court's role
- Edwards Wildman Palmer LLP
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- Hong Kong
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- April 18 2013
This case concerned a petition presented jointly by AXA (Hong Kong) Life Insurance Company Limited (AXA (HK)) and AXA China Region Insurance Company
Insurance review Winter 20122013
- Clifford Chance LLP
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- China, European Union, France, Germany, Hong Kong, Italy, Spain, United Kingdom, USA
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- April 17 2013
On 20 February 2013 it was announced that the European Parliament will now not consider Omnibus II until its 21-24 October 2013 plenary session, four
Challenging years ahead for the insurance industry
- Edwards Wildman Palmer LLP
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- Hong Kong
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- February 19 2013
Hong Kong has one of the most developed and competitive insurance markets in Asia. Commentators observe that Hong Kong is over-serviced by insurance
Court as gatekeeper the transfer of long term insurance business in Hong Kong
- King & Wood Mallesons
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- Hong Kong
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- February 18 2013
The recent decision of Re AXA (Hong Kong) Life Insurance Co Ltdi highlights the Court's role in the transfer of a Hong Kong long term insurance
Condition impossible who accepts liability when a policy condition is incapable of being satisfied?
- King & Wood Mallesons
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- Hong Kong
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- December 20 2012
The High Court of Hong Kong in Hua Tyan Development Limited v Zurich Insurance Company Limited 2012 HKLRD 827 held that an insurer cannot rely on the breach of a condition of the policy if the insurer or the broker (while acting as its agent) knew or ought to have known that it was incapable of being satisfied
Policy changes: Hong Kong’s proposed independent insurance authority takes shape
- King & Wood Mallesons
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- Hong Kong
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- December 13 2012
The proposals regarding the IIA were first announced in July 2010 and revised in June 2011
An IIA for Hong Kong - speak now or forever hold your peace
- Kennedys
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- Hong Kong, United Kingdom
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- December 12 2012
The recent consultation paper issued by the Financial Services and the Treasury Bureau (FSTB) updates the proposals for the establishment of an Independent Insurance Authority for Hong Kong (IIA
Public consultation on key legislative amendments for establishment of independent insurance authority
- Mayer Brown LLP
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- Hong Kong
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- December 11 2012
On 26 October 2012, the Hong Kong government launched a three month public consultation on the key legislative amendments to the Insurance Companies Ordinance (Cap.41) for the establishment of an independent insurance authority (“IIA”
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