Author: darrenwaldron38
Hong Kong – Process Review Panel for the Insurance Authority publishes 2021 Annual Report
Process Review Panel for the Insurance Authority publishes 2021 Annual Report ***************************************************************************** The Process Review Panel for the Insurance Authority (PRP) published its 2021 Annual Report today (October 22), covering the work of the PRP in its inaugural term. The PRP Chairman, Mr Eugene Fung, SC, said, “The PRP selected and reviewed 30 cases, which straddled various regulatory functions of the Insurance Authority (IA), including complaint handling, authorisation of insurers, licensing of intermediaries and exercise of statutory power. The PRP made a number of observations and recommendations to the IA for its consideration, which would be ... Read more