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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


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


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


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


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


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


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


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


Establishment of a new Independent Insurance Authority in Hong Kong consultation conclusions
  • Mayer Brown JSM
  • Hong Kong
  • January 13 2014

In the near future, Hong Kong will have a new insurance regulator which is financially and operationally independent from the government - the


Court of Final Appeal to consider interpretation of business interruption coverage for New World Harbourview Hotel
  • Mayer Brown LLP
  • Hong Kong
  • August 30 2011

Following the Court of Appeal decision to uphold the the interpretation of terms concerning business interruption losses under two Composite Mercantile Policies adopted by Reyes J., leave has been granted by the Court of Final Appeal on 26 August 2011 to hear this case, in particular, on the following point of law