China Insurance Regulatory Commission, Circular on Matters Relevant to Further Improving the Actuarial System for Personal Insurance

中国保险监督管理委员会关于进一步完善人身保险精算制度有关事项的通知

November 14, 2016 | BY

Susan Mok &clp articles

Stricter requirements on sale of personal insurance.

Issued: September 2 2016

Effective: as of date of issuance

Applicability: The sale of insurance products not complying with the requirements of this Circular shall all be put to a halt as of April 1 2017. In the case of inconsistency between previous relevant provisions issued by the China Insurance Regulatory Commission and this Circular, this Circular shall prevail (Article 8).

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