ARTICLE · 11 NOVEMBER 2014

Asia Pacific - focus on insurance: Introduction

Norton Rose Fulbright Australia

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This edition includes articles covering developments in insurance in Australia, China, Hong Kong and Indonesia.

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In this edition of Asia Pacific – focus on insurance we include articles covering developments in Australia, China, Hong Kong and Indonesia.

Matt Ellis and Erica Leaman from our Melbourne office consider the rise of behavioural economics in the Australian market and the impact of the changing regulatory philosophy on insurers underwriting add-on products.

From China, we report on measures introduced by the China Insurance Regulatory Commission in relation to supervision of non-insurance subsidiaries of insurance companies and investment of insurance funds in preferred shares. We also consider the impact in Hong Kong on third party claims against insurers under the Contracts (Rights of Third Parties) Bill currently being considered by legislators.

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