Overview

This quarterly bulletin from Norton Rose covers all the recent legal developments of interest to insurers and reinsurers in five key Asia Pacific economies. Each profile offers detailed coverage on legislative news and significant case law.

Topics under particular scrutiny in this edition include:
● the Australian Securities and Investments Commission's report on insurers’ handling of motor vehicle claims;
● the China Insurance Regulatory Commission's recently published 'Administrative Measures on the Management of Deposits for Capital Recognizance by Insurance Companies;
● the next steps for Hong Kong's proposed Independent Insurance Authority;
● Hong Kong's new Anti-Money Laundering and Counter-Terrorist Financing Ordinance;
● new legislation in Taiwan which imposes criminal sanctions on the illegal sale of offshore insurance products.

Click 'View Briefing' to read the full details on these topics.