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Results: 1-10 of 28

Insurance Authority to Start Soon - Be Prepared for a Watchdog With Teeth!
  • Mayer Brown JSM
  • Hong Kong
  • May 19 2017

In Hong Kong, insurance intermediaries are currently self-regulated by three different professional bodies. The Insurance Agents Registration Board


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


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


A new era of insurance regulation in Hong Kong
  • Mayer Brown JSM
  • Hong Kong
  • September 11 2015

On 10 July 2015, the Insurance Companies (Amendment) Ordinance 2015 was enacted bringing Hong Kong into a new era of insurance regulation. The


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


Insurers not presumed to know facts merely because they are available on the internet
  • Mayer Brown LLP
  • Hong Kong
  • September 17 2013

Should the insurer be presumed to have knowledge of matters that it could have discovered from public resources? The Court of Appeal in Hua Tyan


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


Is Your Furniture Making You Sick?
  • Mayer Brown JSM
  • Hong Kong
  • April 1 2016

In Yuen Pui Man Ellen v. Majestic Furniture & Interior Design Limited(DCPI19602011), the Plaintiff purchased certain made-to-measure furniture from


Underwriting and selling of life insurance products in Hong Kong
  • Mayer Brown LLP
  • Hong Kong
  • September 2 2015

This legal update briefly summarises the recent guidelines issued by the OCI and HKMA: OCI Guidance Note 16 on Underwriting Long Term Insurance


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