Provisions for the Administration of Insurance Companies
保险公司管理规定
The revised Provisions raise the minimum registered capital for insurance companies to Rmb200 million.
(Promulgated by the China Insurance Regulatory Commission on September 25 2009 and effective as of October 1 2009.)
Order of the CIRC [2009] No.1
保监会令 [2009] 第1号
Part One: General provisions
第一章 总则
Article 1: These Provisions have been formulated pursuant to laws and administrative regulations such as the PRC Insurance Law(Insurance Law) and the PRC Company Law (Company Law) in order to strengthen the regulation of insurance companies, safeguard the normal order of the insurance market, protect the lawful rights and interests of the insured and promote the healthy development of the insurance industry.
第一条 为了加强对保险公司的监督管理,维护保险市场的正常秩序,保护被保险人合法权益,促进保险业健康发展,根据《中华人民共和国保险法》(以下简称《保险法》)、《中华人民共和国公司法》(以下简称《公司法》)等法律、行政法规,制定本规定。
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