PRC Insurance Law (Revised)
中华人民共和国保险法(修正)
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clpstaff &clp articlesAmends regulations regarding insurance company investment, terms and rates approval, insurance agent authority and liability, as well as insurer liability.
Revised on April 24 2015. Latest revision can be found at:
http://www.chinalawandpractice.com/Article/3455598/PRC-Insurance-Law-Revised-in-2015.html
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).
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