The CIRC has made it easier for insurance companies to engage in M&A. Although the Commission maintains a strict supervisory role in transactions, its motive for deregulation is clear. More reforms are in the pipeline for this complex and competitive market
Issued: May 23 2014Main contents: Insurance companies may directly or indirectly invest in and establish non-insurance subsidiaries, the specific types…
Prior approvals for the establishment of (sub-)branches in the FTZ by marine insurance operation centres and reinsurance companies located in Shanghai are abolished