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Mar 2024

Interview with the Insurance Authority: Growing in lure as a Hub

Source: Asia Insurance Review | Mar 2018

Hong Kong Life & Health Property & Casualty Regulation

Since the Insurance Authority (IA) took over the statutory functions of the Office of the Commissioner of Insurance (OCI) to regulate insurers on 26 June 2017, its key priorities have been to look at the risk management of insurers and to position Hong Kong as an inward reinsurance and risk management hub for the Mainland and the Belt and Road economies, as well as a regional insurance hub to facilitate Mainland insurance groups to go regional and global. In this exclusive interview with Asia Insurance Review, Mr John Leung, CEO of the IA, discusses regulatory priorities, the influence of the mainland’s business and its technology push.
 

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