Establishment of Reinsurance Companies Provisions

再保险公司设立规定

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

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(Promulgated by the China Insurance Regulatory Commission on, and effective as of, September 17 2002.)

(中国保险监督管理委员会於二零零二年九月十七日发布,自发布之日起施行。)

Article 1: These Provisions are formulated in accordance with the PRC Insurance Law and the PRC Administration of Foreign-invested Insurance Companies Regulations in order to promote the development of the reinsurance market and regulate the establishment of reinsurance companies.