Insurance

China Insurance Regulatory Commission, Guidelines for the Establishment of Infrastructure Bond Investment Plan Products [Legislation Digest]
中国保险监督管理委员会基础设施债权投资计划产品设立指引
More stringent requirements for insurance asset management companies establishing infrastructure bond investment plan products.

Guidelines for the Establishment of Infrastructure Bond Investment Plan Products [Full Text Translation]
基础设施债权投资计划产品设立指引
The Guidelines set forth the conditions with which an insurance asset management company or trust company shall comply when engaging in the infrastructure bond investment plan business.

Insurance as a transforming force for China real estate
China’s amended insurance law provides new opportunities for insurance companies to influence the development of the real estate industry. As long as implementation is correct, the benefits could be huge

Provisions for the Administration of Insurance Companies [Full Text Translation]
保险公司管理规定
The revised Provisions raise the minimum registered capital for insurance companies to Rmb200 million.

Circular on the Investment of Insurance Funds in Infrastructure Bond Investment Plans [Full Text Translation]
关于保险资金投资基础设施债权投资计划的通知
The Circular sets forth the investment percentages allowed in an infrastructure bond investment plan by a life insurance company and property insurance company.

China Insurance Regulatory Commission, Provisions for the Administration of Insurance Companies [Legislation Digest]
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.

China Insurance Regulatory Commission, Circular on the Investment of Insurance Funds in Infrastructure Bond Investment Plans [Legislation Digest]
中国保险监督管理委员会关于保险资金投资基础设施债权投资计划的通知
Insurance funds allowed to invest in infrastructure bond investment plans.

China Insurance Regulatory Commission, Circular on Matters Relevant to Bond Investment [Legislation Digest]
中国保险监督管理委员会关于债券投资有关事项的通知
Ratio of bond investment of insurance companies increased.

Expanding investment channels for infrastructure development projects

Supreme People’s Court, Interpretation on Several Issues Concerning the Application of the «PRC Insurance Law» (1) [Legislation Digest]
最高人民法院关于适用《中华人民共和国保险法》若干问题的解释（一）
Validity of the amended Insurance Law over previous insurance contracts clarified.

Ministry of Commerce, People’s Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission, Measures for Calculation of Business Turnover for the Reporting of Concentrations of Business Operators in the Financial Sector [Legislation Digest]
商务部、中国人民银行、中国银行业监督管理委员会、中国证券监督管理委员会、中国保险监督管理委员会金融业经营者集中申报营业额计算办法
More scrutiny of banks’ M&A activity.

Measures for Calculation of Business Turnover for the Reporting of Concentrations of Business Operators in the Financial Sector [Full Text Translation]
金融业经营者集中申报营业额计算办法
The Measures explain the calculation of the business turnover of banking financial institutions, securities companies, futures companies, fund management companies and insurance companies for the reporting of concentrations of business operators.

China Insurance Regulatory Commission, Opinion on the Insurance Industry’s Thorough Implementation of the Medical Reform Opinions and Active Participation in the Establishment of a Multi-level Medical Welfare System [Legislation Digest]
中国保险监督管理委员会关于保险业深入贯彻医改意见 积极参与多层次医疗保障体系建设的意见
Insurance industry to play a significant part in healthcare reform.

CIRC facilitates fund investments

Circular on Regulating Stock Investments of Insurance Institutions [Full Text Translation]
关于规范保险机构股票投资业务的通知
An insurance company or insurance asset management company shall establish different grades of stock pools, such as a prohibited pool, reserve pool and core pool.

Circular on Increasing the Scope of Bond Products in which Insurance Institutions May Invest [Full Text Translation]
关于增加保险机构债券投资品种的通知
Insurance companies allowed to invest in local government bonds, medium-term notes and Hong Kong-issued SOE bonds.

Big Four banks to invest in insurance
Pilot programmes to begin soon

China Insurance Regulatory Commission, Circular on Regulating Stock Investments of Insurance Institutions [Legislation Digest]
中国保险监督管理委员会关于规范保险机构股票投资业务的通知
Insurance companies required to set up graded stock pools.

China Insurance Regulatory Commission, Circular on Increasing the Bond Products in which Insurance Institutions May Invest [Legislation Digest]
中国保险监督管理委员会关于增加保险机构债券投资品种的通知
Insurance companies can now invest in more types of bonds.

PRC Insurance Law (Amended) [Full Text Translation]
中华人民共和国保险法 (修订)
The amended Law allows insurance companies to invest in bonds, stocks, securities investment fund shares and immovable property.

A long wait for a quick insurance fix
Amendments to China’s insurance law have been under discussion for a decade. But some changes may have been rushed through to meet the demands of a struggling economy.

A clearer road for insurers
China’s revised insurance law clarifies many important details for insurance companies and gives more power to the regulator to deal with errant foreign institutions. By Chen Xin and Maarten Roos, Wang Jing & Co Shanghai Office.

PRC Insurance Law (Amended) [Legislation Digest]
中华人民共和国保险法 (修订)
Insurance companies allowed to invest in stocks and immovable property.

China Insurance Regulatory Commission, Circular on Matters Relevant to Implementing the Regulation of Insurance Companies by Category [Legislation Digest]
中国保险监督管理委员会关于实施保险公司分类监管有关事项的通知
A new era of differentiated regulation for insurance companies.