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Hong Kong Governance, Risk and Compliance Market Outlook: 2020 the Year on a Positive Note
Hong Kong Governance, Risk and Compliance Market
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GlobalData's 'Governance, Risk and Compliance - Hong Kong Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Hong Kong.
It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries.
The report brings together GlobalData's research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, and recent and upcoming changes in the regulatory framework, taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.
Key Highlights
- The IA is the regulatory body supervising and regulating the insurance industry of Hong Kong.
- 100% foreign direct investment (FDI) is permitted in the Hong Kong insurance industry.
- Composite insurance is not permitted in Hong Kong.
- Reinsurers are not subject to any authorization for operating in Hong Kong.
The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Hong Kong, including:
- An overview of the insurance regulatory framework in Hong Kong.
- The latest key changes, and changes expected in the country's insurance regulatory framework.
- Key regulations and market practices related to different types of insurance product in the country.
- Rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in Hong Kong.
- Key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations.
- Details of the tax and legal systems in the country.
Scope
- The report covers details of the insurance regulatory framework in Hong Kong.
- The report contains details of the rules and regulations governing insurance products and insurance entities.
- The report lists and analyzes key trends and developments pertaining to the country's insurance regulatory framework.
- The report analyzes the rules and regulations pertaining to the establishment and operation of insurance businesses in the country.
- The report provides details of taxation imposed on insurance products and insurance companies.
Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=2455808
Reasons to buy
- Gain insights into the insurance regulatory framework in Hong Kong.
- Track the latest regulatory changes, and expected changes impacting Hong Kong insurance industry.
- Gain detailed information about the key regulations governing the establishment and operation of insurance entities in the country.
- Understand key regulations and market practices pertaining to various types of insurance product.
Companies Mentioned in the Report : Canton Insurance Office Ltd, Union Insurance Society of Canton, Lloyd's, Aviva Life Insurance Company Limited, Axa (Hong Kong) Life Insurance Company Limited and, BEA Life Limited, ABCI Insurance Company Limited, , ACE Insurance Limited, , AIG Insurance Hong Kong Limited, Axa General Insurance Hong Kong Limited
Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/2455808-governance-risk-and-compliance-the-hong-kong-insurance-industry
Table of Contents
1 INTRODUCTION
1.1 What is this Report About?
1.2 Definitions
2 GOVERNANCE, RISK AND COMPLIANCE
2.1 Legislation Overview and Historical Evolution
2.2 Latest Changes in Regulation
2.3 Legislation and Market Practice by Type of Insurance
2.3.1 Life insurance
2.3.2 Property insurance
2.3.3 Motor insurance
2.3.4 Liability insurance
2.3.5 Marine, aviation and transit insurance
2.3.6 Personal accident and health insurance
2.4 Compulsory Insurance
2.4.1 Motor third-party liability insurance
2.4.2 Employee compensation insur
....Continued
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2455808-governance-risk-and-compliance-the-hong-kong-insurance-industry
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the "Accurate Forecast" in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their "Goals & Objectives".
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