Insurance Law

2002 was a banner year for China: it made its WTO debut; enjoyed soaring levels of foreign investment; and basked in the limelight of its successful bids…

China will promulgate an amended insurance law as part of a broad-ranging programme of post-WTO accession legislative renovation. An in-depth analysis of the pros and cons, and the implications for the China insurance market.

The PRC legislation on insurance has been revised and it lays out the regulations regarding insurance contracts, insurance companies and the industry.

Administrative rules for pension insurance.

The Reinsurance Provisions finally complete the legal framework for foreign investment in the reinsurance sector in China.

The Reinsurance Provisions finally complete the legal framework for foreign investment in the reinsurance sector in China.

Amends regulations regarding insurance company investment, terms and rates approval, insurance agent authority and liability, as well as insurer liability.

The Reinsurance Provisions finally complete the legal framework for foreign investment in the reinsurance sector in China.

Issued: December 6 2001Effective: January 1 2002Interpreting authority: China Insurance Regulatory Commission (CIRC)Applicability: For the purposes of…