Insurance Law

The Circular elaborates matters concerning the Provisions for the Administration of the Solvency of Insurance Companies.

Charles Qin and Tomy XiaLlinks Law [email protected], [email protected] the first amendment to the PRC Insurance Law (Insurance…

Affiliated transactions of insurance FIEs defined.

CIRC monitors insurance company solvency through inspections.

The promulgation of the Provisions for the Administration of the Solvency of Insurance Companies shows just how far China's insurance industry has developed through a regulatory framework which has come about following years of organic development. By Lü Guoming*, Dr. Xu Guojian & Pek-Siang Tee, Boss & Young, Shanghai.

The revised Provisions set forth requirements concerning solvency assessments, solvency reports, solvency management and solvency monitoring.

Insurance companies required to include provisions on solvency level in their articles of association.

Guidelines issued to restrict boards of insurance companies in their delegation of powers.

After 12 months of innovative and pioneering work and four months of research, interviewing and profiling, the 2008 China Law & Practice awards were presented in Beijing on September 18. The winning deals and firms were recognised for their impact on China's legal community.