long term insurance business

By Denis Brock   Stuart Valentine  Jansy Man  King and Wood Mallesons’ Hong Kong office

The recent decision of Re AXA (Hong Kong) Life Insurance Co Ltd[i] highlights the Court’s role in the transfer of a Hong Kong long term insurance business. In this instance, the Court approved the intra-group transfer of AXA (Hong Kong) Life Insurance Company Limited’s (“AXA HK”) long term business to AXA China Region Insurance Company (Bermuda) Limited (“AXA CRIB”).
Continue Reading Court as gatekeeper – the transfer of long term insurance business in Hong Kong