Hong Kong

Hong Kong passes 50% tax concession on captives

The Legislative Council of Hong Kong has passed a bill to revise the Inland Revenue Ordinance to provide captive insurers with a 50% concession on profits tax for their offshore risk business.

Hong Kong's premiums rose 14% in 2013

Total gross premiums of the Hong Kong insurance industry in 2013 were HK$290.7bn ($37.4bn), an increase of 13.9% over 2012 according to provisional statistics from the Office of the Commissioner of Insurance.

Claims Conference Asia: A CCTV on fraud

Ahead of the Claims Conference Asia 2014 Andrew Tjaardstra, editor, Asia, Post interviews Chris Fordham, managing partner, fraud investigation & dispute services, Asia-Pacific, EY and Jack Jia, director, fraud investigation & dispute services, EY at EY’s…

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