China Insurance Regulatory Commission, Provisions for the Administration of Insurance Companies

中国保险监督管理委员会保险公司管理规定

November 02, 2009 | BY

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Entry threshold for insurance companies raised.

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Promulgated: September 25 2009

Effective: October 1 2009

Main contents: According to the revised Provisions, to establish an insurance company, the proposed registered capital shall be not less than Rmb200 million (Article 7).

In the case of setting up an establishment, an insurance company shall be fully solvent during the previous financial year, and fully