Insurance Law

The Chinese capital markers have developed rapidly and sponsorship activities have increased. New Measures for the administration of securities sponsorship aim to fix the weaknesses in the previous legal framework. They will have a significant impact on sponsoring companies and their legal advisers. By Christophe Han and Patrick Chen, Llinks Law Offices, Shanghai.

The Circular elaborates matters concerning the Provisions for the Administration of the Solvency of Insurance Companies.

Charles Qin and Tomy XiaLlinks Law [email protected], [email protected] the first amendment to the PRC Insurance Law (Insurance…

Affiliated transactions of insurance FIEs defined.

CIRC monitors insurance company solvency through inspections.

The promulgation of the Provisions for the Administration of the Solvency of Insurance Companies shows just how far China's insurance industry has developed through a regulatory framework which has come about following years of organic development. By Lü Guoming*, Dr. Xu Guojian & Pek-Siang Tee, Boss & Young, Shanghai.

The revised Provisions set forth requirements concerning solvency assessments, solvency reports, solvency management and solvency monitoring.

Insurance companies required to include provisions on solvency level in their articles of association.

Guidelines issued to restrict boards of insurance companies in their delegation of powers.