Decision of the China Insurance Regulatory Commission on the Revision to the Interim Administrative Measures for the Use of Insurance Funds

Decision of the China Insurance Regulatory Commission on the Revision to the Interim Administrative Measures for the Use of Insurance Funds

Decision of the China Insurance Regulatory Commission on the Revision to the Interim Administrative Measures for the Use of Insurance Funds

Order of the China Insurance Regulatory Commission [2014] No.3

April 4, 2014

The Decision of the China Insurance Regulatory Commission on the Revision to the Interim Administrative Measures for the Use of Insurance Funds is hereby promulgated for implementation as of May 1, 2014.

President Xiang Junbo

Decision of the China Insurance Regulatory Commission on the Revision to the Interim Administrative Measures for the Use of Insurance Funds

The China Insurance Regulatory Commission has decided to revise the Interim Administrative Measures for the Use of Insurance Funds as follows:

The Article 16 shall be revised as: "The use of insurance funds by an insurance group (holding) company or insurance company shall be subject to the relevant ratio requirements specified by the China Insurance Regulatory Commission; the specific provisions shall be separately formulated by the China Insurance Regulatory Commission.
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