Insurance Law

Entry conditions for foreign insurance companies are relaxed

Frank Jiang and Emily Xu of Zhong Lun Law Firm provide an overview of the various opportunities and potential challenges to foreign investors amid China’s further opening-up of its financial sector

Frank Jiang and Emily Xu of Zhong Lun Law Firm highlight the newly introduced regulations aimed at foreign-invested banks and insurers to encourage foreign investors to expand their presence in China and strengthen the competitiveness in the financial sector

The State Council has lifted investment restrictions on foreign insurance companies

Restrictions on foreign banks, insurers lifted with immediate effect; China tops U.N. global survey for IP protection activity; and leading government agencies and companies launch nationwide blockchain services network

China scraps QFII quotas on foreign investment in capital markets; China and U.S. exchange goodwill gestures ahead of trade talks; CBIRC tightens regulation surrounding affiliate transactions in insurance sector; and surge in pork prices spark government scramble to increase production with subsidies

The asset and liability management of insurance companies is under more stringent scrutiny

Foreign insurers are encouraged to participate in the country's emerging private pensions sector as the state pension fund is heading towards a $1.6 trillion gap over the next 30 years.

The underlying assets of an assembled funds trust in which insurance capital may be invested are limited

Procedures for setting up insurance asset management plans are simplified