China Law Vision
China Law Vision, published by AnJie Broad Law Firm, focuses on legal developments and practical issues in Chinese law, including corporate compliance, intellectual property protection, cybersecurity regulations, trade secret enforcement, and criminal law as it relates to business and internet companies. The blog analyzes new laws, judicial interpretations, and regulatory policies affecting domestic and international enterprises operating in China. It also covers risk management strategies for companies, updates on government policies, and case studies illustrating enforcement trends and legal challenges in sectors such as technology, trade, and insurance.
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Distinguish the Insurance Agent and the Insurance Broker under PRC Law
In dealing with PRC related insurance disputes, one question is often raised by Chinese court or arbitration institute: what is the insurance agent or the insurance broker? The relationship between the insurance agent, broker, insurer, policyholder, insured and beneficiary always…
How Foreign Insurers Set Up Non-insurance Subsidiaries in China ?
I. Purposes for setting up a non-insurance subsidiary
An obvious fact for foreign insurers is that they are not allowed to conduct insurance business within the territory of China (excluding jurisdiction as Hong Kong, Macau and Taiwan for the purpose…
PRC Regulation on Insurance Overseas Investment in Investable Varitetis
- When it comes to overseas investment, Chinese enterprises are required to comply with the rules of the National Development and Reform Commission (“NDRC”) and the Ministry of Commerce (“MOFCOM”) governing overseas investment, however, insurance companies which are subject
…
2023 Insurance Law Practice Overview of China
Ⅰ.INTRODUCTION
Over the past decade, China’s insurance industry has grown rapidly and held the second-largest premium market share worldwide for many years, contributing steadily to the global insurance market. In 2022, despite the repeated impact of the pandemic and the turbulent capital…
Shanghai Financial Court Interpreted the “Incorporated Clauseson Jurisdiction”in Reinsurance Contracts
Reinsurance contracts, like insurance contracts, follow the doctrine of utmost good faith. Since the reinsurance contract is a contract concluded between commercial entities such as insurance companies, who are endowed with professional insurance knowledge and insurance business experience, it is generally…
The Draft of New Judicial Interpretation on PRC Antitrust LawPart II: Changes to Substantive Matters
On November 18, 2022, the Supreme People’s Court of the People’s Republic of China (the “SPC”) published an announcement soliciting public comments on the draft of Provisions of the Supreme People’s Court of the People’s Republic of…
The Draft of New Judicial Interpretation on PRC Antitrust Law Part I: Changes to Procedural Matters
On November 18, 2022, the Supreme People’s Court of the People’s Republic of China (the “SPC”) published an announcement soliciting public comments on the draft of Provisions of the Supreme People’s Court of the People’s Republic of…
AnJie Broad Antitrust Practice in 2022: Year in Review
Overview: TPA’s Boundary of Insurance Activities in China
I. Introduction
When referring to insurance, the first term that comes up with one’s mind is likely to be insurers, which are mostly known to operate insurance businesses. Nowadays, with the growth of the insurance industry, other entities also emerge…