Insurance Law

Shanghai introduces basic medical insurance for urban residents.

National 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…

More stringent risk management required of reinsurance cedents.

First set of measures to regulate old-age pension insurance.

Old-age pension insurance companies allowed to conduct enterprise annuity business throughout China.

The 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.

Guidelines for insurance companies to cope with compliance risks.

These Guidelines aim to help insurance companies cope with compliance risks through specialized corporate governance stipulations.

Property developers in China are expected to benefit from the new PRC Property Law (中华人民共和国物权法)(Property Law) when it takes effect…