News - Hong Kong: Government to establish independent insurance authority
Source: Asia Insurance Review | Aug 2010
The Hong Kong government is proposing that it follows international regulatory practices and establish an insurance regulatory authority, which is both financially and operationally independent of the government. To fund the operations of the new body, the government will charge a levy on insurance premiums for all insurance policies.
Archived articles are available to Magazine subscribers only.
For Full Access to
the magazine
SUBSCRIBE here.