Vehicle Insurance

Insurers right to limit cover for young Ferrari drivers

A Ferrari driver will only occasionally be able to get out of second gear on Hong Kong's congested streets, but that does not stop well-heeled residents from wanting to own one.

Sunday, 14 October, 2012, 2:32am

Taxi group wants cameras in cabs to improve safety

A taxi group is pushing the government for the mass installation of closed-circuit television cameras in Hong Kong's cab fleet, a move it says will improve road safety and record bad behaviour but which could come at the cost of passengers' privacy.

7 Feb 2010 - 12:00am

Serial traffic offender led police on wild chase

A disqualified driver who had accumulated a long list of traffic offences - 14 of them criminal - has racked up still more after leading police on a wild chase along the Tolo Highway at speeds of up to 130km/h.

5 Jul 2007 - 12:00am

Truck drivers threaten strike chaos at the border over double insurance

Cross-border drivers have threatened to paralyse cargo traffic if mainland authorities do not abandon a new rule requiring them to take out a second third-party insurance policy.

4 Jul 2006 - 12:00am

Man arrested after car owners buy bogus insurance

A man has been arrested after at least two vehicle owners were allegedly conned into buying non-existent third-party insurance.

Police are calling for anyone else who might have been duped to come forward after the two owners complained they had paid out a total of $6,560 in separate cases for the non-existent policies.

10 Sep 2005 - 12:00am

talk back

Q Would you be prepared to report a minibus driver for speeding?

13 Nov 2004 - 12:00am

Regulator endorses drink-drive insurance

The mainland's top insurance regulator yesterday backed a Shanghai insurer's policy to cover drivers under the influence of alcohol.

The China Insurance Regulatory Commission said the Shanghai Tianan Insurance policy was in line with its plan to promote liability insurance.

21 Aug 2003 - 12:00am

$10m liability insurance plan

Legislation requiring building management committees to take out public liability insurance up to $10 million per claim will be enforced later this year.

The Home Affairs Bureau yesterday outlined the details of the mandatory insurance requirements for residential building blocks.

9 Jun 2001 - 12:00am

Wing Hang aims at car loan boost

Wing Hang Finance, a wholly owned subsidiary of Wing Hang Bank, is to launch a car loan package to expand the bank's portfolio of private-car financing.

Company director Edward Chan estimated that 40,000 new cars would be sold this year.

With the loan package, Wing Hang is aiming to capture a 5-10 per cent share of new sales.

23 Jul 1997 - 12:00am

Victims who discovered it pays to read small print

A STEADY stream of unfortunates passes before the Insurance Claims Complaints Bureau; not only have these people had dreadful accidents but they have also had unpleasant disputes with their insurers.

Nearly 60 per cent of complaints before the bureau concern differences over the interpretation of policy terms or disagreements over amounts offered as indemnity.

25 Aug 1996 - 12:00am

Insurance cartel stifling competition

I AM sure that everyone in Hong Kong was glad to read the article in the South China Morning Post, on Wednesday, bringing the good news that the rate of inflation has fallen to 6.6 per cent per annum.

26 Jan 1996 - 12:00am

Off the road

AT least 26 people who paid a total of $110,000 for vehicle insurance from a company in Dundas Street, Mongkok, were left without cover when the firm closed down. Police are looking for the proprietor.

27 Apr 1995 - 12:00am

Car insurers in race for business

THE car thefts that decimated insurance company profits in 1992 and 1993 have lost some of their sting and, for insurers and motorists, that means a smoother playing field may now be in sight.

In the past three years, more than 6,000 cars are thought to have been stolen from Hong Kong and smuggled to China.

16 Oct 1994 - 12:00am

Rising crime in the territory underlines the need for proper coverage of house

THE record number of burglaries in the territory highlights the importance of insuring possessions against theft.

Premiums and cover can vary widely between insurers so it pays to investigate what is on offer.

10 Jun 1994 - 12:00am

Statistics the key to disabled driver issue

I REFER to your article in May's Motoring Post regarding insurance for disabled drivers.

In the absence of statistics on the driving record of disabled drivers, underwriters can only follow their normal underwriting practices.

18 Jun 1993 - 12:00am