(May 13, 2004, China insurance regulatory Commission order 2004 3rd release as of June 15, 2004) contents chapter I General provisions section I of chapter insurance agency organizations to set up institutional changes in section II section III section insurance license termination and liquidation in the fourth section the fifth fourth chapter to chapter III of the insurance companies insurance management insurance clauses and insurance rates of the fifth chapter of insurance funds and insurance
    Company solvency supervision and inspection of the seventh chapter sixth chapter supplementary articles chapter I General provisions article in order to strengthen supervision of insurance companies, maintaining the normal order of insurance market, protect the legitimate rights and interests of the insured, and promote the healthy development of the insurance industry, according to the People's Republic of China insurance (hereinafter referred to as the Insurance Act), the People's Republic of China Act (hereinafter referred to as the Act) and other laws and administrative rules and regulations, this provision is enacted.
    Second, China insurance regulatory Commission (hereinafter referred to as the China insurance regulatory Commission) and authorized by the State Council according to the law, unified supervision and management of insurance companies.
    Agency of the China insurance regulatory Commission, the China insurance regulatory Commission exercises its powers within the scope of authority.
    The provisions of article III of the said insurance companies, means approved by the insurance supervision and Administration Department was established and legally registered commercial insurance companies.
    Insurance company branches in these rules refers to the insurance company legally established commercial agency and marketing services agencies, including branch, branch, branch companies, sales and marketing services.
    Insurance institutions in these rules refers to the insurance company and its affiliates.
    Chapter insurance agency first established a fourth section insurance institutions shall be approved by the China insurance regulatory Commission.
    Without the approval of the China insurance regulatory Commission, no unit or individual shall not People's Republic of China operating in the commercial insurance business or disguised.
    Fifth, to establish an insurance company shall be guided by the following principles: (a) comply with laws and administrative regulations; (b) in accordance with national macroeconomic policies and development strategies of insurance, (iii) is conducive to fair competition and healthy development of the insurance industry.
    Sixth article established insurance company should has following conditions: (a) has qualified of investors, equity structure reasonable; (ii) articles meet insurance and company law of provides; (three) registered capital minimum limit for Yuan 200 million Yuan, registered capital should for real paid capital; (four) senior management personnel should meet China Circ provides of served qualification conditions; (five) has sound of organization institutions and management system; (six) has and its business development phase adapted of business places, and office equipment.
    Seventh article established insurance company, applicants should to China Circ proposed written application, and submitted following material a type three copies: (a) established applications, which should contains Ming intends set company of name, and registered capital, and business range,; (ii) feasibility report, which should including business development planning, and company articles draft and business management strategy,; (three) preparation programme; (four) investors shares subscription agreement and Board or competent organ agreed its investment of proved material;
    (E) the investor's business license or additional background information, the previous year's balance sheet, profit and loss statement audited by a certified public accountant (vi) recognized head of the preparatory group of investors and firms to be appointed Chairman and General Manager of list of my endorsement and (VII) other materials submitted by the Circ. Article eighth Circ shall review an application to establish an insurance company, from the date of receiving the complete application documents within 6 months to approve the decision to or not to grant.
    Decided not to grant, and shall notify the applicant in writing and state the reasons.
    Nineth Circ at during the review of an application to establish an insurance company shall be to educate investors about investment risk in the insurance industry.
    Circ shall listen to be appointed Board Chairman and General Manager of the company to be established market development strategy, business development planning, internal control systems and other aspects of the work, and as if the reference of the approval letter. Article the applicant establishing an insurance company approved by the CIRC, shall complete the preparation within 1 year. Did not complete the preparation within the prescribed period, justified and approved by the China insurance regulatory Commission, the preparatory period can be extended for another 3 months.
    During the extended period has yet to complete the preparation, CIRC made the original letter automatically invalidated.
    Lead institutions may not engage in any business activities. Start-up period shall not in principle change investor.
    Unauthorized change investor, original letter automatically invalidated.
    11th article preparation work completed Hou, applicants should to China Circ proposed opened application, and submitted following material a type three copies: (a) opened application book; (ii) founded Assembly of Conference records; (three) company articles; (four) shareholders name and by holding shares proportion, funding letter good of inspection funding institutions issued of inspection funding proved, capital recorded original voucher copies; (five) shareholders of license or other background information, Shang a annual of balance sheet, and profit and loss table;
    (Six) intends any the company senior management personnel resume and the about proved material, company sector set and the personnel basic constitute situation, company fine is Division of resume and the about proved material; (seven) business places ownership or right of proved file; (eight) 3 years business planning and again insurance plans; (nine) intends business insurance insurance species of plans book; (ten) computer equipment configuration and network construction situation of report. 12th Circ shall from the date of receiving the complete application documents of incorporation within 60 days, make a decision of approval or disapproval.
    Decides to approve the issued permit to operate insurance business; the decision not to approve, and shall notify the applicant in writing and state the reasons.
    Approved the opening of the insurance company shall have the approval documents and insurance licenses, register with the Administrative Department for industry and commerce registration, license before they can operate.
    13th may apply according to business development needs of insurance companies to set up branches. Insurance companies outside their home provinces, autonomous regions and municipalities to carry out business, should set up branch offices.
    Center, company, business or marketing services, set up by the insurance company according to the actual application.
    Marketing services for the establishment and management of insurance companies, otherwise provided by the China insurance regulatory Commission, to apply its provisions.
    14th insurance companies based on the provisions of the sixth paragraph (c) provides the minimum amount of capital to set up, in their place of residence of each province, autonomous regions and municipalities applying for establishing a branch office for the first time, should be increased by no less than RMB 20 million yuan of registered capital.
    When applying for establishing a branch office, the insurance company registered capital has reached the lines of the provisions of the preceding paragraph after the capital increase, you can no longer increase the registered capital.
    Insurance company registered capital of 500 million Yuan, in the case of solvency, set up branch offices do not need to increase its registered capital.
    15th insurance company applying for the establishment of a branch shall satisfy the following conditions: (a) the solvency margin in accordance with relevant regulations of the China insurance regulatory Commission, (ii) internal control system, has no record of punishment engaged for more than 2 years, has no record of punishment within the last 2 years, (c) meet the qualifications provided by the CIRC branch senior management.
    16th article established branch institutions, should by insurance company to China Circ proposed application, and submitted following material a type three copies: (a) established applications; (ii) Shang a annual late and recently quarter late by audit of paid capacity status report; (three) intends set institutions 3 years business development planning and market analysis; (four) intends set institutions preparation head of resume and the related proved material. 17th Circ shall review applications to set up branches, from the date of receiving the complete application documents in the 20th for approval or the decision not to grant.
    Decided not to grant, and shall notify the applicant in writing and state the reasons. After the application is approved, the applicant shall complete the establishment of branches in 6 months. Did not complete the preparation within the prescribed period, justified and approved by the China insurance regulatory Commission, the preparatory period can be extended for another 3 months.
    During the extended period has yet to complete the preparation, CIRC made the original file is automatically invalidated.
    Lead institutions may not engage in any business activities.
    18th article branch institutions preparation work completed Hou, applicants should to China Circ proposed opened application, and submitted following material a type three copies: (a) opened application book; (ii) preparation work completed situation report; (three) intends any senior management personnel resume and the about proved; (four) intends set institutions Office places ownership or right of about proved, computer equipment configuration and the network construction situation, internal institutions set and the practitioners situation,. 19th Circ shall receive branch articles within 20th open complete application documents, make a decision of approval or disapproval.
    Decided to approve, Branch issued permit to operate insurance business; the decision not to approve, and shall notify the applicant in writing and state the reasons.
    Approved insurance company opened branches shall have the approval documents and insurance licenses, register with the Administrative Department for industry and commerce registration, license before they can operate.
    20th senior managers of insurance institutions of vocational qualification and management, in accordance with the relevant provisions of the China insurance regulatory Commission. 21st insurance company set up a representative office in the territory shall be approved by the China insurance regulatory Commission.
    Representative Office may engage in insurance activities.
    22nd insurance operating agency or representative office abroad shall be approved by the China insurance regulatory Commission.
    Article 23rd section II agency changes the following changes should be reported to the approval of the China insurance regulatory Commission: (a) the change of organizational structure, (ii) changes its registered capital; (c) separation, merger and (iv) change or hold shares in the Corporation by more than 10% of the investors (including 10%) shareholders; (e) revocation of branches.
    24th an insurance company the following changes, shall be approved by the China insurance regulatory Commission: (a) the change of company name, (ii) revision of articles; (c) adjusting the scope of business; (d) change of residence.
    25th an insurance company the following changes, shall be submitted to the China insurance regulatory Commission for the record: (a) change the 10% of the stock holders of the company shareholders, listed insurance companies, except for the shareholder, (ii) branches change of business premises.
    26th insurance bodies following changes shall be from the date it occurred in the 15th to CIRC report: (a) the shareholder of the insurance company name listed insurance companies, except for the shareholders, (ii) insurance company branches merge, change names.
    27th undo branches of insurance companies, CIRC shall be justified and submitted to the Agency's business plan process.
    Insurance company mergers, undo branches should be announced, and notify the applicant, the insured or a beneficiary, the premium issues, benefits fully informed.
    Undo branches of insurance companies, from the date of approval of the insurance license lapse, and should be turned over to the 15th.
    28th insurance institution involving an insurance license records content changes, shall take the relevant documents and insurance licenses, since ratification, approval and filing or within 1 month of the date of the report to the issuing body to replace its license.
    Insurance license in section III article 29th insurance licenses in these rules refers to the insurance company or its affiliates to carry on insurance business license.
    Insurance licenses are issued by CIRC in accordance with legal documents to allow insurance agencies to carry on insurance business, is the proof of insurance institutions to carry on insurance business in accordance with law.
    Article 30th Circ in accordance with a unified design, printing, distribution, withheld, collected or insurance license revoked.
    Insurance institution shall forge, alter, lease, lend, transfer of insurance licenses.
    31st insurance agency insurance licenses should be placed in the place of a significant location for possible examination.
    Article 32nd insurance license if lost, shall find within 10th of specified papers declared void by the CIRC, and explained the situation to the issuing authority, again to apply for. Fourth section termination and liquidation article 33rd dissolution, liquidation team should be established.
    Liquidation supervised by the Circ.
    Insurance law is revoked, the CIRC organizing shareholders in a timely manner, relevant departments and related professionals to set up a group.
    An insurance company is declared bankrupt according to law by the people's Court shall organize liquidation. 34th liquidation group shall notify the creditors since its founding in the 10th, and in a 60 days notice in the newspapers specified by the CIRC on at least 3 times.
    Announcements should be approved by the China insurance regulatory Commission.
    The liquidating Committee shall delegate to be trustworthy accounting firms, law firms, to evaluate the debts and assets of the company.
    35th article insurance company according to articles or shareholders Assembly resolution dissolved, should by China Circ approved, and submitted following material a type three copies: (a) dissolved applications; (ii) shareholders will resolution; (three) liquidation organization and head; (four) liquidation program; (five) claims debt arrangements programme; (six) assets distribution plans and assets disposition programme; (seven) China Circ provides submitted of other material.
    Article 36th of dissolution or cancellation according to law, shall immediately stop accepting new business, and turned over to the insurance license.
    37th insurance company is dissolved or been revoked according to law, and dispose of their assets should be taken to auction, Protocol, transfer or by other methods approved by the Circ.
    Article 38th dissolution, shall be revoked or declared bankrupt according to law, transfer programmes shall be approved by the CIRC to an insurance contract.
    39th insurance company dissolved, responsibility until the liquidation of the insurance contract, shareholders of the company may not distribute the company assets, or get any benefits from the company.
    Dissolution of the 40th of an insurance company, found in the liquidation of insolvent, shall be filed for bankruptcy, its liquidation with creditor's rights and liabilities, in accordance with the statutory insolvency procedures.
    41st enterprise legal persons or to insurance companies in the fifth section investment laws, administrative rules and regulations licensing other organizations can contribute to the insurance companies to invest in.
    42nd to insurance companies invested in of enterprise legal person shall comply with the following conditions: (a) consistent with the provisions of laws and administrative regulations, (ii) investment in legitimate sources of operating in good condition, (iii) based on the principle of prudent supervision of the CIRC under other conditions.
    Article 43rd except outside the insurance holding company or an insurance company approved by the China insurance regulatory Commission, a single enterprise legal persons or other organizations (including its affiliates) investment insurance companies, 20% of shares shall not exceed the total amount of insurance company shares held.
    44th Association relationship between the shareholder of the insurance company, the insurance company shall be filed with the China insurance regulatory Commission a written report. 45th in line with the provisions of article 42nd conditions of overseas financial institutions, approved by the China insurance regulatory Commission, can contribute to the insurance companies to invest in. All foreign shareholders shares percentage should be lower than the total shares of the insurance company 25%.
    All the overseas investment proportion of insurance company shareholders shares 25% per cent of the total amount, apply relevant provisions of the foreign insurance company management.
    Foreign shareholder of listed insurance companies, and not be restricted by the provisions of the preceding paragraph.
    Article 46th in public offering of stocks listed in the territory, shall comply with the provisions of the present article 43rd for shareholders ' investment restrictions.
    Third chapter insurance business 47th article by China Circ approved, property insurance company can business following all or part insurance business: (a) property loss insurance; (ii) responsibility insurance; (three) statutory responsibility insurance; (four) credit insurance and guarantee insurance; (five) agricultural insurance; (six) other property insurance business; (seven) short-term health insurance and accident hurt insurance; (eight) above insurance business of again insurance business.
    48th article by China Circ approved, life insurance company can business following all or part insurance business: (a) accident hurt insurance; (ii) health insurance; (three) traditional life insurance; (four) life insurance new products; (five) traditional annuity insurance; (six) annuity new products; (seven) other life insurance business; (eight) above insurance business of again insurance business.
    49th applications expand the scope of business of an insurance company, its registered capital and solvency shall be in conformity with the relevant provisions of the China insurance regulatory Commission.
    The 50th foreign exchange insurance business insurance institutions, shall comply with the China insurance regulatory Commission and the State administration of foreign exchange on the management of foreign insurance business provisions.
    Except as provided in this article the 51st 52nd cases as provided for in article, insurance companies branches may not across provinces, autonomous regions and municipalities to carry on insurance business.
    52nd insurance agencies in total, operate large commercial insurance business or master policy business as well as through the Internet, across provinces, autonomous regions and municipalities directly under the underwriting business, shall conform to the relevant regulations of the China insurance regulatory Commission.
    53rd insurance company shall by law determine insurance premiums to determine per unit may retain responsibility for damage caused by dangerous; the part above the legal limit, should go through reinsurance.
    54th need for reinsurance business of the insurance company, under the same conditions, priority should be given to insurance companies in China.
    55th insurance institution shall not in any manner or force policyholders in a disguised form.
    56th insurance agencies may not authorize illegal insurance agents for the exhibition industry shall not accept illegal insurance brokers insurance business and not any insurance agent or insurance broker fees, commissions or similar charges.
    57th insurance institution shall not utter or disseminate falsehoods to damage the reputation of other insurance companies.
    Article 58th insurance institution shall not be induced by persuading policyholders or insured persons and the other insurance institutions of insurance contract.
    59th our insurance agencies may make use of the Government and its subordinate departments, monopolistic enterprises or organizations, exclusion, blocking other insurance business insurance agencies.
    60th insurance agency is allowed to the insured, the insured, beneficiary or interested parties provided or promised to provide the insurance premium rebates or other interests of illegal or irregular.
    61st insurance institution shall establish a dedicated customer service department or consult the complaints department, and to consult the public complaints.
    Insurance for the applicant, the insured or the beneficiary of the insurance complaints should be taken seriously, and will inform the complainant.
    62nd insurance agency insurance business promotional materials should be objective, complete, true, and should contain the name of the Insurance Authority, address and consult the telephone.
    63rd insurance ad or business promotional materials may not predict the company's profits as well as policy dividends, spreads return uncertain policy interests.
    Insurance institution shall not advertise or otherwise, to insurance terms, quality of service, such as misleading advertising.
    64th of insurance institutions of insurance contracts except for responsibility or liability exemption, surrender and other expenses, cash value, hesitate to matters should take special note.
    Insurance institution insurance provisions, insurance rates are similar to other insurance companies insurance clauses and insurance rates or interest rates partial deposits with financial institutions.
    65th insurance agency should supervise its insurance agents agent behavior found illegal or irregular acts insurance agent, should be stopped immediately, or corrected.
    Insurance Agency insurance agents in the course of the show appearing on the false statements, misleading, damage the interests of the insured, shall bear the responsibility. 66th insurance company shall establish the control and management of associated transaction regulations.
    Significant related party transactions should be in accordance with the provisions of the insurance companies on the 15th after reporting to the Circ.
    Related party transactions provided for in the preceding paragraph refers to the insurance company the following transactions with related parties: (a) the reinsurance or to the business, (ii) asset management, security, and business; (iii) sale of fixed assets or debts transfer.
    Have one of the following relationships with insurance companies businesses, seen as associated with insurance companies: (a) in shares, funded a control relationship exists, (ii) in shares, funded and controlled by the third party, (iii) for insurance company senior management personnel, or the close family members of direct control.
    Insurance company senior management personnel, or the close family members, seen as associated with the insurance company.
    67th insurance company shall establish a sound corporate governance structure, strengthen internal management, establish a strict internal control system.
    68th to be listed insurance companies, regulatory submissions should be issued by the China insurance regulatory Commission.
    Fourth chapter 69th insurance clauses and insurance rates insurance companies use insurance clauses and premium rates according to law by the China insurance regulatory Commission for approval or for the record.
    70th following insurance insurance insurance clauses and premium rates shall be approved by the China insurance regulatory Commission: (a) the coverage of compulsory insurance by law, (ii) life insurance coverage for the new development, (iii) another public interest identified by the China insurance regulatory Commission of insurance.
    List of insurance approval by the China insurance regulatory Commission to formulate and adjust.
    Article 71st except as provided in the preceding article, insurance clauses and premium rates for other types of insurance, shall be submitted to the China insurance regulatory Commission records.
    72nd CIRC on the insurance clauses and premium rates for approval or for the record when, following the principle of protecting the public interest and the prevention of unfair competition. Has following case one of of, China Circ can requirements insurance company on insurance terms and premium rate for modified, also can ordered insurance company stop using: (a) violation legal, and administrative regulations or China Circ of ban sex provides; (ii) violation national about financial financial policy; (three) damage social public interests; (four) content explicit lost fair or formed price monopoly, against policyholders, and was insurer or beneficiaries of lawful rights and interests of; (five) terms design or determined rates, and scheduled interest rate improper,
    May endanger the solvency of insurance companies; (vi) another cause identified by CIRC based on prudent regulatory principles.
    73rd insurance company to have obtained approval or for the record the insurance clauses and insurance rates of change, it should be in accordance with the provisions of declaration for approval or for the record.
    Insurance companies at the conclusion of the insurance contract, can be entered into a supplementary agreement on specific matters with the parties, but not with the second paragraph of the preceding article (I) to (vi) provision.
    74th terms prepared by the insurance company term life insurance policy interest rate and other price factors shall comply with the relevant provisions of the China insurance regulatory Commission.
    75th of an insurance company should be actively developed to adapt to social needs of insurance products, efforts for product and service innovation.
    Insurance companies use insurance clauses and insurance rates of the language should be simple and obvious, and easy to understand.
    76th Insurance Association can issue property insurance or life insurance model articles.
    Insurance associations according to the actual situation, publish guiding insurance rate. The fifth chapter of the insurance funds and the solvency of the 77th extraction deposit insurance company shall, according to law.
    Except for liquidation for the satisfaction of debts according to law, insurance companies are not allowed to use or dispose of margin. 78th insurance company shall insurance fund by law.
    Insurance Fund according to the relevant regulations of the China insurance regulatory Commission to centrally manage, and use. 79th insurance company shall, according to the China insurance regulatory Commission on the provisions of the insurance liabilities.
    Insurance companies extract reserves must be true and sufficient.
    80th the utilization of insurance funds is limited to: (I) bank deposits; (ii) the sale of government bonds; (iii) sale of bonds and (iv) the sale of corporate bonds (v) trading in securities investment funds, (vi) other funds of the State Council.
    Insurance company investment of insurance funds, the proportion of specific varieties and found the lowest rating, shall conform to the relevant regulations of the China insurance regulatory Commission.
    81st insurance company in the use of overseas funds, shall conform to the relevant regulations of the State.
    82nd insurance companies can set up insurance asset management company; insurance asset management company can delegate the use of insurance funds.
    83rd of an insurance company shall be under the protection of the insured benefits, ensuring solvency principles, sound operation, ensure the solvency of any time not less than the minimum solvency margin.
    84th actual solvency of insurance companies for recognizing the difference recognized assets minus liabilities.
    Approved assets and ranking liabilities recognition, measurement and report shall conform to the relevant regulations of the China insurance regulatory Commission.
    85th minimum solvency standards for insurance companies and adjustments by the China insurance regulatory Commission.
    86th actual solvency of insurance companies is lower than the minimum solvency margin, should take effective measures to improve the solvency and its action plans, specific measures and effectiveness due to the CIRC report. 87th solvency ratio is calculated by dividing the actual solvency minimum solvency margin. On paid capacity sufficient rate is less than 100% of insurance company, China Circ can will the company as focus regulatory object, according to specific situation take following regulatory measures: (a) on paid capacity sufficient rate in 70% above of company, China Circ can requirements company proposed rectification programme and deadline reached minimum paid capacity lines requirements; late still not reached requirements of, can take requirements company increased capital, ordered handle again insurance, and limit business range, and limit to shareholders dividends, and limit fixed assets acquisition, and
    Limit the scale operating expenses, limiting regulatory measures such as additional branches, until it reaches the minimum solvency requirements.
    (B) the solvency ratios in the 30% and 70% companies, the China insurance regulatory Commission in addition to the above-mentioned measures, you can also order the auction of bad assets, the transfer of insurance business and curb executive pay levels and professional consumption levels, limit commercial advertising, adjustment funds, stop developing new business, and regulatory measures.
    (C) the solvency ratios below the 30% company, the China insurance regulatory Commission in addition to the above-mentioned measures, the insurance company can be legally take over.
    Sixth chapter, supervision and inspection of the 88th China insurance regulatory Commission on the supervision of insurance companies, following the combined solvency and market conduct regulation principles.
    Insurance companies shall accept the supervision and administration of China insurance regulatory Commission.
    89th of China insurance regulatory Commission on the supervision and management of insurance institutions, regulatory and non-regulatory methods. 90th insurance agency any of the following circumstances, the CIRC may be listed as key targets: (a) serious breach of law or regulations, (ii) the solvency deficiency; (c) the financial situation of exception and (iv) providing false reports, statements, documents and information;
    (E) the CIRC deems it necessary to focus on other cases.
    91st article China CIRC on insurance institutions of site check including following all or part matters: (a) institutions established or change matters of approval or reported prepared procedures whether complete; (ii) declared material of content and reality whether match; (three) capital, and the reserves whether real, and sufficient; (four) paid capacity whether sufficient; (five) funds using whether legal; (six) business business and financial situation whether good, report whether complete, and real;
    (VII) are provided for use by the insurance clauses and insurance rates of approval approval or for the record, (VIII) and whether the insurance intermediary business in compliance; (IX) the appointments of senior management or alteration procedures are complete; (j) timely reporting matters that require ex-post reporting and (11) other matters required by the Circ.
    92nd Circ of insurance institutions to conduct on-site inspections, and insurance agencies shall cooperate, and provide relevant documents and materials according to China insurance regulatory Commission requirements. 93rd China insurance regulatory Commission staff to conduct on-site inspection, inspectors shall be not less than 2, and shall show the relevant documents and letters.
    Circ delegate accounting firms and other intermediary acting on his inspection, shall be in written form.
    94th insurance agency shall provide for timely submission to the China insurance regulatory Commission business reports, actuarial reports, accounting reports, regulatory reporting and solvency papers.
    95th insurance agency submitted to Circ reports, reports should be complete, true and accurate. 96th of an insurance company solvency of business report, financial report, report and related statements shall be signed by the legal representative and General Manager of the company, annual financial reporting and solvency reporting should also be audited by a certified public accountant. Actuarial reports for insurance companies Actuaries signatures shall be approved by the China insurance regulatory Commission.
    Branches of insurance companies report and statements shall be signed by the heads of agencies and branches signatures.
    97th major resolutions of the shareholders ' meeting, Board of Directors of the insurance company, should be made in resolution in the 30th after reporting to the Circ.
    98th China insurance regulatory Commission requires regulators, insurance agency senior management staff to monitor the conversation or question, its insurance business activities a description of the significant matters and risk management.
    99th in violation of the provisions of an insurance institution or its staff and given a warning by the CIRC, correction, and administrative penalties according to relevant laws and administrative regulations; a suspected crime, handed over to judicial organs for criminal responsibility according to law.
    Seventh chapter supplementary articles article 100th foreign-owned insurance companies, reinsurance companies apply the provisions otherwise provided by laws, administrative regulations, or the China insurance regulatory Commission, to apply its provisions.
    101th export credit insurance policy insurance company, national provisions enacted in the past, these provisions shall apply mutatis mutandis. 102th insurance institutions to the statements submitted by the CIRC, materials should be written in Chinese.
    Original is in a foreign language, shall be attached to Chinese translation in Chinese and foreign languages are inconsistent, the Chinese shall prevail.
    103th these provisions in the relevant period divided by years, months, and other, are based on working days, excluding holidays.
    104th the provisions interpreted by the China insurance regulatory Commission. 105th these provisions come into force on June 15, 2004.
                        China insurance regulatory Commission, released on January 3, 2000 of the regulations on the administration of insurance companies (insurance [2000]2) and released on March 15, 2002, the decision to modify the relevant provisions of the regulations on the administration of insurance companies (insurance [2002]3) repealed simultaneously.