PRC Insurance Law (Revised)

中华人民共和国保险法(修正)

October 31, 2002 | BY

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Amends regulations regarding insurance company investment, terms and rates approval, insurance agent authority and liability, as well as insurer liability.

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Promulgated: October 28 2002
Effective: January 1 2003
Applicability: The revised Law applies to Sino-foreign equity joint insurance companies, wholly foreign-owned insurance companies and PRC branches of foreign insurance companies (Article 154).