|[February 16, 2017]
Governance, Risk and Compliance in the Hong Kong Insurance Industry 2017 - Research and Markets
Research and Markets has announced the addition of the "Governance,
Risk and Compliance - The Hong Kong Insurance Industry" report
to their offering.
The 'Governance, Risk and Compliance - The Hong Kong Insurance Industry'
report is the result of extensive research into the insurance regulatory
framework in Hong Kong.
It provides detailed analysis of the insurance regulations for life,
property, motor, liability, personal accident and health, and marine,
aviation and transit insurance. The report specifies various
requirements for the establishment and operation of insurance and
reinsurance companies and intermediaries.
The report brings together The research, modeling and analysis
expertise, giving insurers access to information on prevailing insurance
regulations, and recent and upcoming changes in the regulatory
framework, taxation and legal system in the country. The report also
includes the scope of non-admitted insurance in the country.
- The OCI is the regulatory body supervises and regulates the insurance
industry in Hong Kong.
- The government of Hong Kong proposed to establish the Independent
Insurance Authority (IIA), replacing the OCI as the country's insurance
- 100% foreign direct investment is permitted in the Hong Kong insurance
- Composite insurance is not permitted in Hong Kong.
- Reinsurers are not required to seek authorization to operate in Hong
Key Topics Covered:
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 Compulsory Insurance
2.5 Supervision and Control
2.6 Non-Admitted Insurance Regulations
2.7 Company Registration and Operations
2.9 Legal System
Canton Insurance Office Ltd
Union Insurance Society of Canton
Aviva Life Insurance Company Limited
Axa (Hong Kong) Life Insurance Company Limited and
BEA (News - Alert) Life Limited
ABCI Insurance Company Limited,
ACE Insurance Limited,
AIG Insurance Hong Kong Limited
Axa General Insurance Hong Kong Limited
For more information about this report visit http://www.researchandmarkets.com/research/x745sm/governance_risk
View source version on businesswire.com: http://www.businesswire.com/news/home/20170216005912/en/
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