China Insurance Regulatory Commission, Measures for the Administration of Insurance Group Companies (Trial Implementation)
中国保险监督管理委员会保险集团公司管理办法 (试行)
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clpstaff &clp articlesCIRC sets forth the measures for the establishment of insurance group companies.
Issued: March 12 2010
Effective: as of date of issuance
Interpreting authority: China Insurance Regulatory Commission
Applicability: For the purposes of these Measures, the term “insurance group company” means a company established with the approval of the China Insurance Regulatory Commission, that is lawfully registered, has the words “insurance group” or “insurance holding” in its name and exercises control or joint control and a material influence over the other members in the insurance group.
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