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Results: 1-10 of 27

New Corporate Governance Standards for Authorised Insurers to Ring in the New Year
  • Mayer Brown JSM
  • Hong Kong
  • January 6 2017

2017 brings a new and modernised set of corporate governance standards to authorised insurers in Hong Kong. The revised edition of the Office of the


MMT's First Ruling on Hong Kong's Inside Information Disclosure Regime - A New Frontier?
  • Mayer Brown JSM
  • Hong Kong
  • January 20 2017

In November 2016, the Market Misconduct Tribunal (MMT) found that AcrossAsia Limited (AAL), its former chairman, Mr. Albert Saychuan Cheok (Cheok


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


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


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


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


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


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


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


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