China Insurance Regulatory Commission, Tentative Measures for Administration of the Transfer of Insurance Business by Insurance Companies
中国保险监督管理委员会保险公司保险业务转让管理暂行办法
Exit mechanism created for insurance companies.
Issue: November 2011
CLP Reference: 3910/11.08.26
PRC Reference: 保监会令 [2011] 第1号
Promulgated: 26 August 2011
Effective: 01 October 2011
Keywords (click to search):
insurance business
transfer
insurance companies
solvency
proposer
the insured
beneficiary
Promulgated: August 26 2011
Effective: October 13 2011
Interpreting authority: China Insurance Regulatory Commission (CIRC)
Applicability: The Measures shall not apply to reinsurance as specified in Article 28 of the PRC Insurance Law or the transfer of insurance business as specified in Article 92 or Article 139 of the PRC Insurance Law (Article 17). If the CIRC...
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