Month: August, 2014

Update of the court’s role in sanctioning a transfer of insurance business

Introduction The December 2012 Update examined the role of the court in sanctioning a transfer of insurance business in Hong Kong. fundas samsung galaxy j3 Subsequent to the October 2012 Judgement of the Court of First Instance in Re AXA (Hong Kong) Life Insurance Co. Ltd. [2012] HKCU 2197 , the transfer of insurance business […]

Hong Kong Court of Appeal’s ruling on ‘deadweight’ warranty and duty of disclosure

Introduction In Hua Tyan Development Limited v Zurich Insurance Company Limited [2012] HKCU 1632 the Court of First Instance decided in favour of the insured in respect of the duty of disclosure under an insurance policy. fundas samsung galaxy s7 More than a year later, the Court of Appeal handed down a judgment [2013] HKCU […]

Final word from the Court of Final Appeal on the ‘deadweight’ warranty

On 10 September 2014, fundas samsung galaxy s6 edge plus bague homme the Court of Final Appeal in Hong Kong handed down its judgment in Hua Tyan Development Ltd v Zurich Insurance Co. coque iphone 7 fundas huawei p10 lite Ltd and Another (The “Ho Feng 7″) [2014] HKCFA 72. iphone 7 hoesjes fundas samsung […]

“The DC Merwestone” in the Court of Appeal

On 16 October 2-14, fundas samsung galaxy s9 the Court of Appeal in the United Kingdom has handed down its judgment in Versloot Dredging BV; SO DC Merwestone BV v HDI Gerling Industrie Versicherung AG and the others (The “DC Merwestone”) [2014] EWCA Civ. fundas huawei p30 pro samsung hoesje 1349. fundas iphone fundas iphone […]

Publishing of Insurance Bill

The English and The Scottish Law Commissions have published its report on ‘Insurance Contract Law: Business Disclosure; Warranties; Insurers’ remedies for Fraudulent Claims; and Late Payment’. fundas huawei p30 pro fundas huawei mate 20 pro The full report can be found athttp://lawcommission.justice.gov.uk/docs/lc353_insurance-contract-law.pdf The report contained the draft ‘Insurance Bill’ which is now in the House […]

“Perils of the Sea” and “Fraudulent Devices” – The DC Merwestone” [2013] EWHC 1666 (Comm)

The recent decision of Mr Justice Popplewell in Versloot Dredging BV v. HDI Gerling and others (The DC Merwestone) [2013] EWHC 1666 (Comm)) in the Commercial Court is of considerable significance to marine insurers and non-marine insurers alike, since it involves a detailed examination and hostile critique of the development and application of the concept […]

Briefing on the new Hong Kong Companies Ordinance and its Impact on Directors’ duties and liabilities

Peter Gregoire General Counsel, AIG Insurance Hong Kong Limited The new Hong Kong Companies Ordinance (CAP. 622) (“New Ordinance”) which came into force on 3rd March 2014, seeks to provide a modernized legal framework for Hong Kong companies. fundas iphone 11 The objectives of the New Ordinance are to enhance corporate governance, ensure better regulation, […]

Insurance Regulation in Hong Kong: A Paradigm Shift

Hong Kong’s Insurance Companies (Amendment) Bill 2014 was gazetted on Friday 25 April 2014 and presented to the Legislative Council (LegCo) for a first reading on 30 April 2014. The Legislative Council Brief and Bill are available from the LegCo website at: Brief and Bill. fundas samsung galaxy s4 This new legislation, which follows several […]