Captive insurance: new avenues

Article Abstract:

Protected cell company legislation in Australia may make the use of captive insurers more popular. Currently, only 10% of the country's companies make use of the services of a captive insurer. However, the legislation, which establishes the segregation of assets and liabilities for each cell of a captive insurer that serves several different customers, may spur companies to use a captive insurer.

Insurance Regulation, Insurance law

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Hong Kong honours: Steve Hui

Article Abstract:

National Mutual Insurance Chief Financial Controller Steve Hui has spent most of his career in Australia. He returned to Hong Kong in 1994 and participates in several professional organizations for accountants. Hui is interested in challenges and he is constantly learning new ideas from his coworkers.

Hong Kong, Management, Officials and employees, Accountants, Hui, Steve L.W., National Mutual Insurance Company Ltd.

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Tracking super changes

Article Abstract:

Changes in pension fund investment legislation could have an effect on loans to and investments in employers, fund assets leased to a related party and trust investments controlled by employers or fund members. The language governing the legislation could cause difficulties in interpretation.

Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Pension & Benefit Regulation, Pensions

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