Insurance Law

Pilot variable annuity projects launched in Beijing, Shanghai, Guangdong, Shenzhen and Xiamen.

Pilot variable annuity projects launched in Beijing, Shanghai, Guangdong, Shenzhen and Xiamen.

The Measures detail the two management models of variable annuities and set forth requirements in respect of allocations to the liability reserve and information disclosure.

Insurance companies require Rmb200 million to commence business.

CIRC strengthens regulation of the agricultural insurance business.

Draft regulation will allow more financial institutions to become insurance brokers

Criteria should be met for selecting bancassurance cooperation counterparties.

CIRC revises establishment criteria for insurance asset management companies.

The Guidelines detail the operating rules for bancassurance business concerning the insurance products, agency fees, sales model, sales, financial accounting, contingency mechanism and intra-industry exchanges.