Insurance Law

Insurance asset management companies may be entrusted to manage the funds of pension fund, enterprise annuity and housing fund.

Investment-linked insurance proceeds not restricted by the 25% threshold.

Critical illness insurance business allowed only modest profits.

Shareholders may not sell privately offered bonds to insurance companies that they control.

Guidelines require deferred payment of bonuses of senior management personnel of insurance companies.

A single private insurance shareholder may hold a stake of more than 20%.

Foreign insurers can now enter the nation's compulsory transport accident insurance market

Establishment of regional insurance agencies put to a halt.

The amended PRC Insurance Law and the Real Estate Investment Measures were supposed to open up China's property market. Almost two years later, investments have yet to materialise