Home
>Public Service>Invest in Shaoxing>Business Policy
Eyesight Protection:
Reply on Issues Concerning the Foreign-Funded Insurance Firms' Establishment of Sales Service Department

Bao Jian Ting Han [2009] No. 445

Dalian Insurance Regulatory Bureau,

Your bureau asking for Instruction on Issues Concerning Heng An Standard Life Insurance’s Application for Establishment of Sales Service Department (Lian Bao Jian Fa [2009] No. 174) was received, which is, through deliberation, hereby replied as follows:

The Rules on the Administration of Insurance Companies fails to specify the division of functions of China Insurance Regulatory Commission and its detached agency on the examination and approval of the establishment of an insurance company’s branch. In accordance with Article 18 of the Rules on the Administration of Insurance Companies, the detached agency may approval of the establishment of the sales service department only if one applicant itself can meet the relevant requirements.

China Insurance Regulatory Commission

December 18, 2009

download.doc



print】 【close
Produced By 大汉网络 大汉版通发布系统