Insurance Law Hong Kong
The insurance law in hong kong establishes the manner in which insurance companies and their intermediaries operate on the market.
Insurance law hong kong. As one of the leading international firms in hong kong our core practice areas include insurance and reinsurance corporate insurance corporate and commercial litigation and dispute resolution financial services and corporate regulatory and compliance information technology data privacy cyber risks healthcare including medical. In this space the team assists indemnity providers and insurers for a broad client base in hong kong and has particular expertise in the healthcare sector for example advising a range of medical professionals and entities on drug liability claims and the import and distribution of pharmaceutical products. Professional indemnity defence work is a core strength of howse williams practice. It aims to meet the needs of local insurance lawyers who until now have had to rely on texts from other common law jurisdictions to guide their practice.
In preparation the insurance authority ia of hong kong has sought consultation on the draft guideline on. The uk insurance act 2015 the uk act which comes into force in the united kingdom in august 2016 represents the most fundamental change to english insurance law for more than a century. Greg currently also serves as an independent non executive director and audit committee member of a hong kong listed company. The city has a large number of approved companies that operate in this business field and they provide services for business insurance and reinsurance as well as packages for individuals.
To print the whole chapter in html please click at the bottom of the toc panel and then click please set the page orientation to landscape for printing of bilingual texts on a single page. Adelina is an experienced lawyer with both contentious and non contentious experience in the area of insurance law. As many insurance and reinsurance contracts underwritten by hong kong insurers cover international risks and are expressly governed by english law hong kong insurance lawyers would. The government of the hong kong special administrative region has published in its gazette a proposed bill amending the insurance ordinance which will be introduced into the legislative council.
The new hong kong insurance intermediary regime is expected to commence in mid 2019. Welcome to hong kong e legislation.
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