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China Implements Revised Regulations Further Opening the Insurance Industry

China - October 21 2019 The PRC State Council promulgated a decision (the “Decision”) on amending, among others, the Regulations on the Administration of Foreign Invested...

Jane Zhou, Brinton Scott.

NPC Approves China’s New Foreign Investment Law

China - March 19 2019 On Friday, 15 March 2019, the National People’s Congress (the “NPC”), the highest legislative body of the People’s Republic of China (the “PRC”)...

Simon Luk, Gregory Harris, Brinton Scott.

Greater Bay Area Initiative to Create Opportunities for Insurers

Hong Kong - February 21 2019 On February 18, the Central Committee of the Communist Party of China and the State Council promulgated a new economic development plan that promises...

Jane Zhou, Gregory Harris, Brinton Scott.

Update: China to Grant Favorable Treatment to Hong Kong Reinsurers

China, Hong Kong - September 28 2018 The Hong Kong Insurance Agency (“HKIA”) recently announced that the China Banking and Insurance Regulatory Commission (“CBIRC”) has agreed to grant...

Jane Zhou, Gregory Harris, Brinton Scott.

China to Further Open Insurance Industry to Foreign Investment

China - April 16 2018 Following up on announcements made towards the end of 2017, Chinese President, Xi Jinping, has pledged to further open China's economy, including the...

Jane Zhou, Gregory Harris, Brinton Scott.