insurance

NorthStandard - Yuqi Shi, Nick Sam, Nigel Binnersley

NorthStandard Reception Oct 2023
NorthStandard Reception Oct 2023 1200 628 Hauzen LLP
Our colleagues, Nigel Binnersley, Nickolas Sam and Yuqi Shi attended the NorthStandard cocktail reception – NorthStandard is the result of a merger between the North of England and the Standard P&I Clubs.

Insurance Authority Reprimands & Fines Insurer for Contraventions of AML & CTF Ordinances
Insurance Authority Reprimands & Fines Insurer for Contraventions of AML & CTF Ordinances 1400 788 Hauzen LLP
MetLife (now FWD Life) & Metropolitan Life Insurance (now FWD Life Assurance) fined HK$7 million. It is clear that the IA takes these failures very seriously.

Insurance Authority Publishes an Explanatory Note on “Regulated Activity”
Insurance Authority Publishes an Explanatory Note on “Regulated Activity” 1400 788 Hauzen LLP
An important consideration for currently unregulated entities providing insight into IA’s assessment whether activities will or won’t fall under regulatory regime of Insurance Ordinance.

New MOU Between Insurance Authority & Insurance Complaints Bureau
New MOU Between Insurance Authority & Insurance Complaints Bureau 1400 788 Kelly Ho
MOU aims to expedite handling of claim-related disputes; complaints of a monetary nature involving disputes on the decision made by an authorized insurer.

Guideline on Application for Authorization to Carry on Special Purpose Business
Guideline on Application for Authorization to Carry on Special Purpose Business 1402 790 Hauzen LLP
The Guideline is issued in connection with the regime administered by the IA for authorization of special purpose insurers (“SPIs”) to carry on special purpose business (“SPB”) in Hong Kong, which is defined to mean “the insurance business of effecting and carrying out contracts of insurance that are fully funded through insurance securitization”.
Back to top
Privacy Preferences

When you visit our website, it may store information through your browser from specific services, usually in the form of cookies. Here you can change your Privacy preferences. It is worth noting that blocking some types of cookies may impact your experience on our website and the services we are able to offer.  View our Legal Notices

For performance and security reasons we use Cloudflare
required
Click to enable/disable Google Analytics tracking code.
Click to enable/disable Google Fonts.
Click to enable/disable Google Maps.
Click to enable/disable video embeds.
Our website uses cookies, including from 3rd party services. Define your Privacy Preferences and/or agree to our use of cookies.