China Insurance Regulatory Commission, Circular on Issues Relevant to Reinsurance Business Safety
中国保险监督管理委员会关于再保险业务安全性有关问题的通知
November 30, 2007 | BY
clpstaff &clp articles &More stringent risk management required of reinsurance cedents.
Clp Reference: 3900/07.11.15 Promulgated: 2007-11-15
Issued: November 15 2007
Main Contents: The Circular requires reinsurance cedents to establish sound risk management mechanisms and strengthen their management of the risks involved in reinsurance business. It also sets forth the requirements for selection of a reinsurer by a reinsurance cedent.
Full Translation: See page 97
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