Liability for compensation of motor vehicle drivers in traffic accidents revised.
March 12, 2008
Insurance Law
Premiums raised for mandatory traffic accident insurance.
March 12, 2008Hong Kong and Macao insurance agencies allowed to set up wholly-owned insurance agencies on the mainland.
March 12, 2008Shanghai introduces basic medical insurance for urban residents.
January 31, 2008National LegislationAVIATION AND AEROSPACESeveral Opinions Relevant to the Promotion of Development of the Satellite Application Industry关于促进卫星应用产业发展的若干意见L4700/07.11.18BANKINGCircular…
November 30, 2007More stringent risk management required of reinsurance cedents.
November 30, 2007First set of measures to regulate old-age pension insurance.
November 30, 2007Old-age pension insurance companies allowed to conduct enterprise annuity business throughout China.
November 30, 2007The Circular provides guidelines to reinsurance contracts and retrocession contracts whose term commences on or after January 1 2008 as to risk management mechanism, financial strength ratings, paid-in monetary capital, solvency and trading history requirements for the selection of a reinsurance cedent.
November 30, 2007Guidelines for insurance companies to cope with compliance risks.
November 02, 2007