News

3Novices:Hong Kong’s insurance regulator sets its first task as cross-border enforcement

The newly set up Hong Kong Insurance Authority plans to work with its mainland counterpart on cross border regulation in a bid to protect the thousands of mainlanders who represent nearly two-fifths of life policies sold in the city annually.
The Insurance Authority will officially start operations on June 26, taking over from the Office of the Insurance Commissioner as regulator for all insurance companies and overseeing about 90,000 insurance sales staff.
“There are many mainlanders…
June 11, 2017 at 03:15PM http://ift.tt/2re9Wwo
#3Novices #News #OnlineMedia #China 3Novices China

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