China Insurance Regulatory Commission, Notice on the Matters Relevant to the Application for Establishing Wholly-owned Insurance Agencies in the Mainland by Hong Kong and Macao Insurance Agencies

中国保险监督管理委员会关于香港、澳门保险代理公司申请在内地设立独资保险代理公司有关事项的公告

March 12, 2008 | BY

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Hong Kong and Macao insurance agencies allowed to set up wholly-owned insurance agencies on the mainland.

Issued: December 26 2007

Main Contents: Starting from January 1 2008, qualified Hong Kong and Macao insurance agencies are permitted to establish wholly-owned insurance agencies on the mainland. The applicants shall fulfil the following criteria:

(1) they must be local professional insurance agencies in Hong Kong or Macao;

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