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Results: 1-10 of 22

When does an insurance intermediary need to disclose commissions? Judgment from UK Supreme Court may provide some guidance
  • Mayer Brown JSM
  • United Kingdom
  • May 20 2015

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


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


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


Failure by insurer to report termination of agent's appointment results in breach of duty
  • Mayer Brown LLP
  • Hong Kong
  • October 8 2012

In Dah Sing Insurance Service Ltd v Singh 2012 HKDC 575, the District Court found that Dah Sing breached its statutory duty and duty of care to its insurance agent for failing to report the termination of his appointment and his CPD credits


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 &


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


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


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


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


Marine insurance warranty upheld
  • Mayer Brown LLP
  • Hong Kong
  • October 29 2014

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, given