Hong Kong’s insurance watchdog is tightening oversight of the city’s booming premium financing market, as the once-niche lending arrangement spreads to lower-tier insurance buyers, while also reviewing regulations, particularly on how insurers evaluate cl...
Good to see the Insurance Authority reviewing affordability checks as premium financing reaches smaller buyers. Borrowing to fund premiums can be risky if rates move, so tighter oversight seems sensible. #AsiaNews
wrote a new blog entry:
