China Insurance Regulatory Commission, Guidelines for Check and Acceptance in Respect of the Commencement of Business of Insurance Companies
中国保险监督管理委员会保险公司开业验收指引
Insurance companies require Rmb200 million to commence business.
Issue: June 2011
CLP Reference: 3910/11.03.30
Promulgated: 30 March 2011
Effective: 01 July 2011
Keywords (click to search):
insurance companies
commencement of business
Issued: March 30 2011
Effective: July 1 2011
Applicability: The Guidelines apply to the check and acceptance of the commencement of business of Chinese-invested insurance companies. The check and acceptance of the commencement of business of insurance group (holding) companies, foreign-invested insurance companies and insurance asset management companies shall be handled with reference to the Guidelines (Article 1).
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