Insurance Law

CBIRC removes the record filing requirement regarding the investment management capabilities of insurance companies

Insurance companies bear legal liability for authorized acts of their agents

CBIRC eliminates the industry restrictions on insurance institutions' financial equity investment

Online insurance business may use social media marketing

Shenzhen is spearheading reforms in capital account liberalization and promoting RMB internationalization

CBIRC governs investment of insurance capital in debt-for-equity plans by grade

Insurance companies' allocation of equity assets is subject to oversight according to their solvency

CBIRC relaxes insurance capital investment in bank capital replenishment bonds

HSBC becomes sole controller of Chinese life insurance venture; first U.S. IPO from China after Luckin scandal raises $510 million; and the CBIRC proposes new rules to regulate online lending.