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CIRC ponders new reinsurance rules in China
- Mayer Brown LLP
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- China
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- February 8 2013
A draft version of Notice on Issues regarding Reinsurance Transactions between Foreign-invested Insurance Companies and their Affiliated Companies
Global Insurance and Reinsurance Bulletin Winter 2012
- Hogan Lovells
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- Argentina, Brazil, China, Ecuador, France, Germany, Peru, Russia, Spain, United Kingdom
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- January 3 2013
Court has jurisdiction to sanction insurance business transfer involving Gibraltar authorised firm
Draft maternity insurance regulations announced for public comment
- Baker & McKenzie
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- China
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- December 31 2012
On November 21, 2012, the PRC Ministry of Human Resource and Social Security ("MOHRSS") issued for public comment draft regulations on maternity insurance
China’s insurance industry regulator revises the requirements for investing insurance funds in infrastructure debt investment projects
- King & Wood Mallesons
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- China
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- December 20 2012
On October 12th, 2012, the China Insurance Regulatory Commission (CIRC), China’s insurance industry regulator, promulgated and implemented the “Interim Administrative Rules for Infrastructure Debt Investment Plans” (CIRC Order No.92 2012) (the Interim Rules
CIRC issues the Interim Measures for Insurance Fund Participation in Financial Derivatives Trading
- Orrick Herrington & Sutcliffe LLP
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- China
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- December 14 2012
The China Insurance Regulatory Commission ("CIRC") issued the Interim Measures for Insurance Fund Participation in Financial Derivatives Trading (the "Measures") on October 12, 2012, which came into force on the same date
China’s insurance industry anti-money laundering compliance requirements
- King & Wood Mallesons
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- China
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- November 2 2012
The China Insurance Regulatory Commission (CIRC) is the Chinese insurance industry’s primary regulator, and in order to strengthen its supervision of the Chinese insurance industry’s anti-money laundering implementation and compliance work, it promulgated the CIRC Circular on the Distribution of the Administrative Measures for the Anti-money Laundering Work in the Insurance Industry on September 13, 2011 (BAOJIANFA No. 52, 2011 ) (关于印发的通知保监发201152号
Draft measures for the administration of registration of social insurance
- Orrick Herrington & Sutcliffe LLP
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- China
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- November 1 2012
On September 20, 2012, the Ministry of Human Resources and Social Security issued the draft Measures for the Administration of Registration of Social Insurance
New CIRC rules aimed at expanding China's overseas insurance investment
- Mayer Brown LLP
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- China
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- October 30 2012
Overview China Insurance Regulatory Commission issued the Interim Measures on the Administration of Overseas Investments of Insurance Funds (the Interim Measures) in 2007 to establish a basic legal framework for China's domestic insurance sector to make offshore investments
China's evolving insurance industry
- Edwards Wildman Palmer LLP
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- China
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- October 16 2012
A.M. Best's Special Report on China's non-life and life insurance industry dated October 8, 2012 concluded that China's "insurance market is in a state of transition: after a period of rapid expansion, the market must now adjust for sustainable and healthy growth"
12th five year plan for financial industry development and reform
- Orrick Herrington & Sutcliffe LLP
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- China
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- September 29 2012
On September 17, 2012, the People’s Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission and the State Administration of Foreign Exchange jointly issued the 12th Five Year Plan for the Development and Reform of Financial Industry
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