A Policyholders' Protection Fund: Insuring against insolvency risk
Legal and Regulatory Development | 2018-01-31 HKEJ Next Prev
The Insurance Authority intends to resume the suspended establishment of the Policyholders' Protection Fund (PPF) which serves as a safety net for policyholders when an insurer becomes insolvent. After examining different research studies, the Centre summarises the pros and cons of such protection scheme and the influences brought by various charging methods.
The full version of the commentary is in Chinese only.
Key points in English are listed on the right for reference.