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

Insurance

 

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

中国保险监督管理委员会关于离岸再保险人提供担保措施有关事项的通知

 

A domestic insurance company may request that an offshore reinsurer provide security measures in respect of the following risk exposures:

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