Updates on Insurance Law and Practice in Hong Kong
The Hong Kong Independent Insurance Agency (IA) came into effect in 2017 and the third stage of the new statutory regime is being introduced by end-2018/early 2019 to regulate intermediaries through overseeing current Self-Regulatory Organizations corresponded to regulatory authority, to administer registration of insurance intermediaries and to investigate their misconduct. The new law is designed to strengthen policyholder protection and comply with the international principles that allow the insurance industry of Hong Kong to be more competitive.
This course covers the essential features and principles of insurance law and insurance contracts in Hong Kong, including policies and claims. It provides participants with a basic knowledge of the law of insurance and how they apply to their organization.
