Circular on Issues Relevant to Reinsurance Business Safety

关于再保险业务安全性有关问题的通知

The Circular provides guidelines to reinsurance contracts and retrocession contracts whose term commences on or after January 1 2008 as to risk management mechanism, financial strength ratings, paid-in monetary capital, solvency and trading history requirements for the selection of a reinsurance cedent.

By clpstaff | clp articles |

(Issued by the China Insurance Regulatory Commission on November 15 2007.)

Bao Jian Fa [2007] No.112

Insurance companies:

With the rapid development of the insurance market in China, the task

(中国保险业监督管理委员会于二零零七年十一月十五日发布。)

保监发 [2007] 112号

各保险公司：

随着我国保险市场的快速发展，风险防范任务日益艰巨。作为风险防范和风险分散的主渠道，再保险的功能作用日益突出。然而，再保险市场本身也存在一定风险，特别是再保险接受人的偿付能力、财务状况、盈利能力等因素，对分出公司的稳定经营和健康发展影响重大。为贯彻落实2007年全国保险工作会议精神，加强保险业风险防范机制建设，提高保险业抗风险能力，促进保险市场又快又好发展，现就有关问题通知如下：

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