China Insurance Regulatory Commission, Measures for the Administration of Resident Representative Organizations in China of Foreign Insurance Institutions

中国保险监督管理委员会外国保险机构驻华代表机构管理办法

January 31, 2007 | BY

clpstaff &clp articles &

More requirements imposed on representative offices of foreign insurance organizations.

Clp Reference: 3910/06.07.12 Promulgated: 2006-07-12 Effective: 2006-09-01

Promulgated: July 12 2006
Effective: September 1 2006

Main Contents: The new Measures repeal the same-named Measures promulgated in 2004. A foreign insurance institution is now required to have conducted insurance business or have been established for at least 20 years.

Related Legislation: PRC Insurance Law (Amended), Feb 28 2009, CLP 2009 No.3 p.35

Repealed legislation: Measures for the Administration of Resident Representative Organizations in China of Foreign Insurance Institutions, Jan 15 2004, CLP 2004 No.2 p.57

Full Analysis & Translation: See page 82

clp reference:3910/06.07.12prc reference:保监会令 [2006] 第 5 号promulgated:2006-07-12effective:2006-09-01

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