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Hong Kong insurance brokerage license transfer and sale

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The Hong Kong insurance brokerage license has become an overseas license deployed by many listed companies in the Mainland.,Hong Kong is a capitalist market under one country, two systems,Accepted the influence of Western insurance culture earlier,Because there are many types of insurance products、Features such as a better protection system have attracted mainlanders to focus on purchasing,Hong Kong insurance brokers use their professional capabilities to formulate insurance plans for policyholders,It is highly praised in the West,What we are going to start today is the matters related to the transfer and sale of Hong Kong insurance brokerage licenses.。

Before 2016,The regulatory power of insurance companies in Hong Kong is vested with the Insurance Regulatory Commission,After it is dissolved, it will be supervised by the Hong Kong Insurance Regulatory Authority.,The issuance of insurance brokerage licenses in Hong Kong has stricter requirements

Require

It is different from the issuance of insurance brokerage licenses in the Mainland.,Mainly reflected in the required paid-up share capital、Insurance brokers and the company’s related management systems,On the one hand, the transfer of Hong Kong insurance brokerage license takes into account the need to conduct business immediately,There are also considerations for a longer review period。In addition to local investors in Hong Kong,There are also many examples of mainland companies that have gained access to the Hong Kong insurance brokerage market through the transfer of Hong Kong insurance brokerage licenses.。

Take February this year as an example,There are two examples,in,Ego Finance transferred 80% of its share capital to Energy International Investment,in addition,Huilong Holdings also acquired a Hong Kong insurance brokerage company with a market value of HK$45 million.。

Judging from the relevant measures of these listed companies,The transfer and sale of insurance brokerage licenses in Hong Kong is becoming increasingly common,At the same time, it also reflects the market conditions of Hong Kong insurance brokers in disguise.,But the license transfer,The ability to identify the qualifications of the acquirer is also

Require

,The prices of Hong Kong insurance brokerage companies changing hands on the market vary widely.,Makes it difficult to start,

cost

Not the only acquisition criteria,Acquirers need to have the ability to consider the overall situation,From the validity period of qualification、Company operating status、Debt situation and other aspects should be considered from multiple perspectives.,It will further facilitate the implementation of the transfer of Hong Kong insurance brokerage licenses。

Existing first-hand Hong Kong insurance brokerage company resources are for sale,Diverse qualifications,Meet your business needs,Ten years of focus on the transfer of Hong Kong insurance brokerage licenses、acquisition、Comprehensive services such as agency services,The companies acquired by purchasing specialists based on long-term market tracking are rare high-quality resources on the market.,If you want to know more, please contact us


About Hong Kong Xintong

Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong Kong MSO Licenseandmoneylenders licenseApply for service,Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico,Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services,Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more,Please contactHong Kong Information Communications Consultant

Editor of this issue:

Picture of Aaron Pengyi

Aaron Pengyi

2009Graduated from Cambridge University, UK,Singaporean,Hong Kong permanent resident。

Engaged in cross-border financial and corporate compliance consulting for 16 years,Focus on various types of license applications in Hong Kong (149、9Number、MSO、insurance broker、moneylender)、Offshore company registration (BVI、Japan、Singapore、Taiwan、UK) and offshore fund establishment。

Good at efficient compliance solutions and cross-border architecture planning,Has served more than 1,000 companies。

If you encounter difficulties in cross-border financial business,please contact me。

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