Country Profile – Hong Kong: Changes made palatable
Source: Asia Insurance Review | May 2012
Two major legislations are being put in motion for the insurance industry – the Independent Insurance Authority (IIA) and the Policyholders’ Protection Fund (PPF). The regulator and the regulated as well as associations have been and are still busy fine-tuning the proposals and preparing for their implementation. Meanwhile, it is business as usual and with 2011 being a good year for the industry, insurers remain bullish about the future.
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