An acquirer may control two insurance companies that engage in the same type of business.
Insurance Law
- July 03, 2014
China to further open the securities and futures industry to foreign investment.
June 24, 2014Issued: May 23 2014Main contents: Insurance companies may directly or indirectly invest in and establish non-insurance subsidiaries, the specific types…
June 23, 2014Prior approvals for the establishment of (sub-)branches in the FTZ by marine insurance operation centres and reinsurance companies located in Shanghai are abolished
June 12, 2014Measures revised to allow loans for insurance company M&As.
May 22, 2014Reinsurance transactions between foreign-funded insurance companies and their affiliates require approval.
May 13, 2014Issued: April 15 2014Main contents: For the purposes of the Circular, the term “online insurance” means matters relating to the formation of insurance…
April 28, 2014CIRC lifts the restrictions on the investment percentages of insurance capital.
April 24, 2014An insurance company is required to manage bank deposits other than the current deposits required to maintain its day-to-day operations in investment accounts.
April 17, 2014CIRC relaxes investment percentage restrictions on investments of insurance capital.
March 10, 2014
