ZHOU Yanghui,Yu Dan,Chen Jun
The Opening-up of the PRC insurance market has been accelerated during the recent two years.
Since the release of the Notice of the State Council on Several Measures for Opening Wider to the Outside World and Making Active Use of Foreign Investment on January 1st, 2017, the China Banking and Insurance Regulatory Commission (“CBIRC”, including the former China Insurance Regulatory Commission (“CIRC”)) has issued several provisions and guidance to further attract foreign investors to enter PRC insurance market. Relevant regulations include the Notice of the CBIRC on Liberalizing the Business Scope of Foreign-invested Insurance Brokerage Companies, Notice of the CBIRC on Allowing Overseas Investors to Operate.
Insurance Adjuster Business in China, Notice of the CBIRC on Allowing Overseas Investors to Operate Insurance Agent Business in China, etc.
Authored by Zhou Yanghui <zhouyanghui@anjielaw.com> , Yu Dan <yudan@anjielaw.com>, Chen Jun <chenjun@anjielaw.com> at AnJie Law Firm