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Important Measures

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Amendments of the Regulations Governing Insurance Brokers and the Regulations Governing Insurance Agents

In order to streamline the process of (document) signing by insurance brokers/insurance agents, achieve consistency with amendment to Article 163 of the Insurance Act regarding authorization for the competent authority to define the applicable scope of written analysis report, and meet practical needs of reinsurance brokerage business of insurance brokerage companies, the FSC introduced amendments of the two Regulations and issued an interpretative order regarding the waiving of (document) signing requirement stipulated in first paragraph of Article 34 of the two Regulations on June 27, 2017.

 
Visitor: 234   Update: 2019-06-26
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