Insurance Law in China

The book seeks to present and discuss current topics in Chinese insurance law and regulation to an English-speaking audience knowledgeable of common law insurance law and international insurance business.

Author: Johanna Hjalmarsson

Publisher: CRC Press

ISBN: 1317665201

Category: Law

Page: 380

View: 695

The Chinese insurance market is expanding enormously as risk adversity takes hold in the economy while the role of the State as guarantor of commerce is gradually reduced. In addition, insurance is a heavily regulated field with detailed contract law stipulations. An introduction to regulation and contract law and an understanding of current issues is essential for someone seeking to do business in the Chinese market. Insurance law is also a field that translates well from one jurisdiction to another, and academics will be interested in understanding how issues are dealt with in another jurisdiction. The book seeks to present and discuss current topics in Chinese insurance law and regulation to an English-speaking audience knowledgeable of common law insurance law and international insurance business. The combined effect of the papers is to present Chinese insurance law to an audience unfamiliar with Chinese law, in a readable and accessible essay chapter format. Each chapter is written by an expert in the field and goes beyond a basic introduction to provide in depth well-researched information and academic analysis on the topic in question.

Insurance Law in China

The initiative to improve the level of Access to China's insurance market is a much-coveted prize for insurance companies worldwide.

Author: Guojian Xu

Publisher: Kluwer Law International

ISBN: 9789041126771

Category: Law

Page: 658

View: 890

The initiative to improve the level of Access to China's insurance market is a much-coveted prize for insurance companies worldwide. Here now is a truly practical expert guide - the first in English - that clearly explains, in easy-to-follow, step-by-step fashion - not only how to gain access, but also how to develop and establish a sound presence in the Chinese insurance industry. No detail is left uncovered. In this one-of-a-kind book, interested practitioners will discover: - how to meet all legal requirements for examination, approval and filing; - sample clauses, contracts, and forms, for various types of insurance, that are thoroughly compatible with the Chinese legal system; - essential relevant laws and regulations presented in full text in high-quality English translations (side by side with the original Chinese); - detailed accounts of risk management measures to stave off potential legal liabilities; ... and much more. The authors emphasize the practical context throughout, focusing on matters of particular concern to foreign investors.

Insurance Law in China

Derived from the renowned multi-volume International Encyclopaedia of Laws, this book provides valuable practical insight into both public supervisory legislation concerning insurance and private insurance contract law in China.

Author: Rui Zheng

Publisher: Kluwer Law International B.V.

ISBN: 9403533242

Category: Law

Page: 440

View: 635

Derived from the renowned multi-volume International Encyclopaedia of Laws, this book provides valuable practical insight into both public supervisory legislation concerning insurance and private insurance contract law in China. An informative general introduction surveying the legal, political, financial, and commercial background and surroundings of insurance provides a sound foundation for the specific detail that follows. The book covers all essential aspects of the law and regulation governing insurance policies and instruments. Its detailed exposition includes examination of the form of the insurance company and its reserves and investments; the insurance contract; the legal aspects of the various branches of property and liability insurance; motor vehicle insurance schemes; life insurance, health insurance, and workmen’s compensation schemes; reinsurance, co-insurance, and pooling; taxation of insurance; and risk management and prevention. Succinct yet eminently practical, the book will be a valuable resource for lawyers handling cases affecting China. It will be of practical utility to those both in public service and private practice called on to develop and to apply the laws of insurance, and of special interest as a contribution to the much-needed harmonization of insurance law.


The Regulation of Insurance in China

This is the first systematic text written in English on the regulation of insurance in China and provides a comprehensive and systematic analysis of rules of law and administrative regulations on China’s insurance industry and insurance ...

Author: Zhen Jing

Publisher: Taylor & Francis

ISBN: 1351122843

Category: Law

Page:

View: 145

With the rapid development of China’s insurance industry and the opening of the Chinese insurance market to the world, Chinese insurance law and regulation has become an increasingly relevant topic for insurance practitioners and academics. The Regulation of Insurance in China therefore provides a much needed analysis of the Chinese regulatory system. This is the first systematic text written in English on the regulation of insurance in China and provides a comprehensive and systematic analysis of rules of law and administrative regulations on China’s insurance industry and insurance market, covering four level of regulatory hierarchy − the statutory law, the regulations enacted by the central government (the State Council), the regulations developed by the insurance supervision and regulation authority of the State Council, and self-regulations by the insurance industry. This book is essential reading for insurance companies and legal practitioners looking to do business in China, as well as reference for lawyers practising insurance law. It is also a useful resource for students and academics studying Chinese law.


Insurance Law in China

However , the insurer may subsequently pursue the liability of the agent for its actions beyond the commission in accordance with the law . Article 129. An individual insurance agent carrying out life insurance business activities shall ...

Author: Guojian Xu

Publisher: CCH Hong Kong Limited

ISBN: 9789889975449

Category: Consolidation and merger of corporations

Page: 658

View: 222


Chinese Insurance Contracts

This book offers a critical analysis of the major principles, doctrines and concepts of insurance contract law in China.

Author: Zhen Jing

Publisher: Taylor & Francis

ISBN: 1317802551

Category: Law

Page: 840

View: 315

Chinese Insurance Contracts: Law and Practice is the first systematic text written in English on the law of insurance in China. This book offers a critical analysis of the major principles, doctrines and concepts of insurance contract law in China. At every point the analysis discusses the principles of the Insurance Law in detail, referring where appropriate to decided cases and also drawing attention to external influences. Readers are guided through the complexities of Chinese law in a clear and comprehensive fashion, and – significantly – in a manner that is accessible and meaningful for those used to a common law system. This book presents a comprehensive picture of Chinese insurance contract law, to facilitate a wider understanding of the relevant rules of law. Elements of insurance contract law are critically examined. In addition, this book presents rules of law on some special types of insurance contract, such as life insurance, property insurance, liability insurance, motor vehicle insurance, reinsurance, and marine insurance. The deficiencies and shortcomings of the law and practice will be identified and analysed; suggestions and recommendations on how to reform the law will be presented. Chinese Insurance Contracts also offers legal and practical advice to insurance professionals on how to draft clauses to avoid contractual pitfalls. It also uses cases to illustrate the difficulties which can arise in applying the principles in practice. This book will be essential reading for insurance companies and legal practitioners looking to do business in China, as well as reference for Chinese lawyers practising insurance law. It will also be a useful resource for students and academics studying Chinese law.


Insurance Law in China

In recent years, with the gradual liberalisation of Chinese trading laws and the reception of institutions such as Lloyd's, the insurance industry in China has become of increasing interest to Europe and all points west.

Author: Johanna Hjalmarsson

Publisher: CRC Press

ISBN: 1317665198

Category: Law

Page: 380

View: 183

The Chinese insurance market is expanding enormously as risk adversity takes hold in the economy while the role of the State as guarantor of commerce is gradually reduced. In addition, insurance is a heavily regulated field with detailed contract law stipulations. An introduction to regulation and contract law and an understanding of current issues is essential for someone seeking to do business in the Chinese market. Insurance law is also a field that translates well from one jurisdiction to another, and academics will be interested in understanding how issues are dealt with in another jurisdiction. The book seeks to present and discuss current topics in Chinese insurance law and regulation to an English-speaking audience knowledgeable of common law insurance law and international insurance business. The combined effect of the papers is to present Chinese insurance law to an audience unfamiliar with Chinese law, in a readable and accessible essay chapter format. Each chapter is written by an expert in the field and goes beyond a basic introduction to provide in depth well-researched information and academic analysis on the topic in question.