Research and Markets: Governance, Risk and Compliance – The Hong Kong Insurance Industry 2015
'Governance, Risk and Compliance - The Hong Kong Insurance Industry' report is the result of extensive research into the insurance regulatory framework in
Key Highlights
-
The Office of the Commissioner of Insurance (OCI) is the regulatory body supervising and regulating the insurance industry ofHong Kong . - The government of
Hong Kong proposed to establishIndependent Insurance Authority (IIA), replacing the existing OCI as the country's insurance regulator. - 100% foreign direct investment (FDI) is permitted in the
Hong Kong insurance industry. - Reinsurers are not subject to any authorization for operating in
Hong Kong . - Non-admitted insurance is not permitted in the Chinese insurance industry.
- New risk-based capital (RBC) regime to be implemented by 2016 or 2017.
Key Topics Covered:
1 Introduction
2 Governance, Risk and Compliance
2.1 Legislation Overview and Historical Evolution
2.2 Latest Changes in Regulations
2.3 Legislation and Market Practice by Type of Insurance
2.4
2.5 Supervision and Control
2.6 Non-Admitted Insurance Regulations
2.7 Company Registration and Operations
2.8 Taxation
2.9 Legal System
3 Appendix
Companies Mentioned
-
Canton Insurance Office Ltd -
Union Insurance Society of Canton - Lloyd's
-
Aviva Life Insurance Company Limited -
Axa (Hong Kong) Life Insurance Company Limited and -
BEA Life Limited -
ABCI Insurance Company Limited , -
ACE Insurance Limited , -
AIG Insurance Hong Kong Limited -
Axa General Insurance Hong Kong Limited
For more information visit http://www.researchandmarkets.com/research/hplvtd/governance_risk
View source version on businesswire.com: http://www.businesswire.com/news/home/20150730006416/en/
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance, Insurance
Source:
Research and Markets: The Insurance Industry in Cte d’Ivoire, Key Trends and Opportunities to 2019
Research and Markets: Governance, Risk and Compliance – The Timor-Leste Insurance Industry 2015
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News