Insight and Intelligence on the London & International Insurance Markets

25 February 2018

Search archive

CIRC tightens insurer ownership regulations

Matthew Neill 29 December 2016

The China Insurance Regulatory Commission (CIRC) has tightened rules governing ownership of insurance companies and lowered the maximum ownership threshold for any single entity from 51 percent to one third.

In an announcement today the regulator said the change was designed to prevent improper transfer of benefits.

The CIRC has also introduced more stringent access standards for shareholders to ensure those entering the industry are focused on conducting insurance business and have the necessary experience and business plan to operate...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership


Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.