Amending the Insurance Law: Long-Term Policy or Expedient Measures?
November 30, 2002 | BY
clpstaff &clp articlesChina will promulgate an amended insurance law as part of a broad-ranging programme of post-WTO accession legislative renovation. An in-depth analysis of the pros and cons, and the implications for the China insurance market.
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By Dr. Xu Guojian, Partner Bristar Cao, Associate & Richard L. Mertl, Legal Assistant, Boss & Young, Shanghai
From initial debate to final adoption, the amendment of the PRC Insurance Law (中华人民共和国保险法) of the PRC was a major focus of public attention during the two years leading up to its final legislative approval on October 28 2002.