News Regulations21 Feb 2024

Hong Kong:Regulator warns of risks in premium financing in current interest rate environment

| 21 Feb 2024

The Insurance Authority (IA) has been closely monitoring the rise in interest rates that has brought severe volatility which has affected policyholders and the insurance market. The IA says that it has a strong focus on the premium financing business, which is particularly sensitive to changes in interest rates.

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