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Results: 1-10 of 60

Guarding against the creation of statutory trusts when assigning life insurance policies as collateral
  • Mayer Brown JSM
  • Hong Kong
  • June 10 2015

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


Levels of compensation under the employees’ compensation ordinance in Hong Kong increased following review
  • Mayer Brown JSM
  • Hong Kong
  • February 4 2015

All EC insurers and employers are advised to take note that a resolution has been passed by the Legislative Council on 4 February 2015 to increase the


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


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:


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


Reduced limitation period in insurance policy enforceable
  • Mayer Brown JSM
  • Hong Kong
  • January 29 2015

In the recent case of Possehl Electronics Hong Kong Limited v. China Taiping Insurance (HK) Co. Ltd, (CACV 92014), the plaintiff appealed against


Global corporate insurance & regulatory bulletin - first quarter 2014
  • Mayer Brown LLP
  • Singapore, United Kingdom, USA, Vietnam, China, European Union, Hong Kong
  • April 29 2014

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


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


Effect of new data privacy rules on direct marketing by insurance companies
  • Mayer Brown LLP
  • Hong Kong
  • 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
  • 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