China Insurance Regulatory Commission, Provisions for the Administration of Insurance Companies
中国保险监督管理委员会保险公司管理规定
Entry threshold for insurance companies raised.
Issue: November 2009
CLP Reference: 3910/09.09.25
PRC Reference: 保监会令 [2009] 第1号
Promulgated: 25 September 2009
Effective: 01 October 2009
Keywords (click to search):
insurance companies
insurance institutions
establishment
branch
solvency
reinsurance
Promulgated: September 25 2009
Effective: October 1 2009
Main contents: According to the revised Provisions, to establish an insurance company, the proposed registered capital shall be not less than Rmb200 million (Article 7).
In the case of setting up...
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