Legislation roundup: Reinsurance, enterprise costs and product tracking system

March 16, 2017 | BY

Katherine Jo &clp articles

The CIRC has required offshore reinsurers to provide security measures, Guangdong has eased corporate operating cost burdens and a plan to make every single ingredient traceable by 2020 was launched

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Insurance

China Insurance Regulatory Commission, Circular on Matters Relevant to the Provision of Security Measures by Offshore Reinsurers

A domestic insurance company may request that an offshore reinsurer provide security