Criteria should be met for selecting bancassurance cooperation counterparties.
May 04, 2011
Insurance Law
CIRC revises establishment criteria for insurance asset management companies.
May 04, 2011The 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.
May 04, 2011New regulations from banking and insurance authorities aim to better monitor the burgeoning bancassurance market. Foreign insurance companies can expect a long-term and robust relationship with regulators if they cooperate, and are advised to develop suitable products for Chinese customers and lend their experience to the market
May 04, 2011Insurance institutions not allowed to provide external security.
April 05, 2011An umbrella law on five types of social insurance promulgated.
December 14, 2010New rules highlight risk control for insurance sales at banks
December 14, 2010China's new social insurance law demonstrates the government's aim to promote equality among all those residing in China, however, more regulations are needed to implement the principles of coverage
December 14, 2010The law comprises five types of social insurance: basic old-age insurance, basic medical insurance, occupational injury insurance, unemployment insurance and maternity insurance.
December 14, 2010CSRC controls margin trading of insurance companies and prohibits speculation.
November 09, 2010