The Regulation of Insurance in China

The Regulation of Insurance in China is a comprehensive and systematic analysis of the Chinese regulatory system, covering four level of regulatory hierarchy and is essential reading for insurance companies and legal practitioners looking to do business in China.

Format: Hardback
Length: 1472 pages
Publication date: 28 June 2021
Publisher: Taylor & Francis Inc

The rapid growth of China's insurance industry and the opening of its insurance market to the world have made Chinese insurance law and regulation an increasingly important topic for insurance practitioners and academics. As a result, The Regulation of Insurance in China offers a comprehensive analysis of China's regulatory system, making it the first systematic text written in English on the regulation of insurance in the country. The book covers four levels of regulatory hierarchy. hierarchy, including statutory law, regulations enacted by the central government (the State Council), regulations developed by the insurance supervision and regulation of the State Council, and self-regulations by the insurance industry.

This book is a valuable resource for insurance companies and legal practitioners seeking to do business in China, as well as for lawyers practicing insurance law. It is also an essential reading for students and academics studying Chinese law.

The Chinese insurance market has experienced significant growth in recent years, driven by factors such as the country's economic development, urbanization, and increasing demand for insurance products. This has led to the development of a complex regulatory framework, which aims to ensure the stability and soundness of the insurance industry.

The Regulation of Insurance in China provides a detailed overview of this regulatory framework, covering topics such as insurance company licensing, product regulation, claims handling, and risk management. It also discusses the role insurance law and regulation, including the legal framework for insurance contracts, the liability of insurance companies, and the protection of policyholders' interests.

The book is written by a team of experts from the China Insurance Regulatory Commission (CIRC), the country's insurance regulator. The team has extensive experience in the insurance industry and has contributed to the development of China's insurance law and regulation. The book is organized into four chapters.

The first chapter provides an introduction to the regulatory framework for insurance in China, including the history and development of the insurance industry in the country. The second chapter discusses the legal framework for insurance law and regulation in China, including the Constitution, the Insurance Law, the Regulations on Insurance Supervision and Regulation, and other relevant laws and regulations. The third chapter examines the regulatory structure for insurance companies in China, including the licensing process, the capital.

The fourth chapter discusses the regulatory framework for insurance products in China, including the classification of insurance products, the requirements for insurance products, and the supervision and regulation of insurance products. The book also discusses the regulatory framework for insurance claims handling in China, including the process for insurance claims, the liability insurance claims, and the protection of policyholders' interests.

The Regulation of Insurance in China is a comprehensive and up-to-date resource for insurance companies, legal practitioners insurance practitioners, and academics studying the regulation. It provides a detailed analysis of China's regulatory framework, covering topics insurance law insurance law and regulation, and is essential reading the development of the insurance industry in the country. It is also a useful resource for students and academics studying Chinese law.

Weight: 2087g
Dimension: 246 x 174 (mm)
ISBN-13: 9780815358268