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| Tekijä: | Simms, L. |
| Otsikko: | China's insurance law |
| Lehti: | China Business Review
1996 : SEP-OCT, VOL. 23:5, p. 30-35 |
| Asiasana: | CHINA INSURANCE LAW |
| Kieli: | eng |
| Tiivistelmä: | New rules are not making a rush of new players. In a move closely watched by foreign insurance firms, China enacted a national insurance law last year as the foundation of a national insurance industry. For 30 years after the founding of the People's republic of China, the country had only one insurer, the State-owned People's Insurance company of China (PICC), which was renamed People's Insurance (Group) Corp. (PIC) in July. PICC provided only a narrow range of insurance products, covering risks associated with aviation, shipping, and cargo operations. |
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