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Hong Kong tag returned 240 results

  • Hong Kong sees new cyber player

    Hong-Kong based firm TOZ is set to provide an integrated cyber security risk assessment and insurance services after officially launching in the territory earlier this week. The service provider's target groups include licensed financial companies, online businesses, digital assets, critical infrastructures and NGOs.

    Latest News | 18 Apr 2019
  • Deadline extended for Hong Kong's first actuarial examination

    After the Actuarial Society of Hong Kong (ASHK) introduced its first local actuarial examination, it received numerous requests to extend the registration deadline. In response to that, the registration deadline for the ASHK Examination (May 2019) has now been extended to 24 April from 8 April.

    Latest News | 09 Apr 2019
  • Mayer Brown strengthens insurance and corporate capabilities with arrival of Sheng Wu in Hong Kong

    Mayer Brown announced that Mr Sheng Wu has joined the firm's Corporate & Securities practice as a partner in Hong Kong. He was previously a partner focused on China-related mergers and acquisitions with DLA Piper in Hong Kong.

    People | 05 Apr 2019
  • Products qualifying for Hong Kong's tax incentive revealed

    A list of Qualifying Deferred Annuity Policies (QDAPs) eligible for tax deduction was recently released by the Insurance Authority (IA) on its website. This follows the Hong Kong government announcing a tax incentive of up to HK$60,000 ($7,643) yearly for deferred annuity policies, during the 2018-19 budget. Under this entitlement, couples could enjoy a combined limit of HK$120,000 per year.

    Latest News | 03 Apr 2019
  • HKMA introduces new framework for credit risk management

    The HKMA (Hong Kong Monetary Authority) has issued a circular announcing the launch of a new Enhanced Competency Framework on Credit Risk Management.

    Asia Risk | 03 Apr 2019
  • Global law firm strengthens insurance capabilities in Asia with new hire

    Mayer Brown has appointed Mr Sheng Wu as a partner in the firm's corporate and securities practice based in Hong Kong. In his new role, Mr Wu represents both Chinese and foreign clients in cross-border acquisitions into and outside China. He was previously with DLA Piper in Hong Kong as a partner focused on China-related mergers and acquisitions.

    Latest News | 02 Apr 2019
  • IA delays release of financial guidelines on handover of SRO functions

    According to the Hong Kong Federation of Insurers (HKFI), the formal transition to the direct licensing regime of Hong Kong's Insurance Authority (IA) will take place in the last week of September. This is subject to the required commencement notice to be published in the Gazette.

    Latest News | 02 Apr 2019
  • First local professional examination introduced for Hong Kong-based actuaries

    With support from regulators and the government, the Actuarial Society of Hong Kong (ASHK) has introduced its first local actuarial examination. This is a necessary step in directing ASHK towards statutory recognition and ensuring that actuaries practicing in Hong Kong have relevant local knowledge.

    Latest News | 01 Apr 2019
  • Hong Kong ends five-year wait for new insurance scheme

    From 1 April onwards, Hong Kongers will be able to participate in the region's new Voluntary Health Insurance Scheme (VHIS) and purchase individual indemnity hospital insurance products from participating insurers. These products will be certified by the government's Food and Health Bureau (FHB) and will be referred to as certified plans. In order to provide an incentive for the public to purchase certified plans, the government will allow a tax deduction for relevant premiums paid under the VHIS.

    Latest News | 01 Apr 2019
  • Hong Kong-based insurer recognised for integrating InsurTech into medical insurance services

    Blue Cross (Asia-Pacific) Insurance was recognised for its efforts in adopting blockchain technology for its mobile app at the IFTA Fintech Achievement Award 2018 organised by the Institute of Financial Technologists of Asia (IFTA), where the insurer won the InsurTech Platinum Award.

    Latest News | 29 Mar 2019


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