Reinsurance: New Area Open for Foreign Investment
October 31, 2002 | BY
clpstaff &clp articlesThe Reinsurance Provisions finally complete the legal framework for foreign investment in the reinsurance sector in China.
By Yongfu Li Chief Representative and Simon Xi Zhang Legal Assistant, Allen & Overy Beijing
The Reinsurance Provisions follow thePRC Insurance Law, which was promulgated on June 30 1995, and was recently amended by the National People's Congress on October 28 2002 (the