China Insurance Regulatory Commission, Measures for the Regulation of insurance Intermediary Service Group Companies (Trial Implementation)
中国保险监督管理委员会保险中介服务集团公司监管办法 (试行)
CIRC sets entry thresholds for insurance intermediary companies.
Issue: November 2011
CLP Reference: 3910/11.09.22
Promulgated: 22 September 2011
Effective: 22 September 2011
Keywords (click to search):
insurance
intermediary services
insurance agency
insurance brokerage
insurance assessment company
Issued: September 22 2011
Effective: as of date of issuance
Interpreting authority: China Insurance Regulatory Commission (CIRC)
Applicability: For the purposes of these Measures, the term “insurance intermediary service group company” means a professional insurance intermediary firm approved by the CIRC and lawfully registered in the People’s Republic of China that exercises control over, or jointly controls and has a material effect on, other member enterprises in the insurance intermediary...
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