Circular of the China Banking and Insurance Regulatory Commission on Revising the Insurance Company Solvency Regulatory Rules—Questions and Answers No. 1: Counterparty Default Risk Factors for Hong Kong Reinsurance Business during the Transition Period of the Equivalence Assessment Framework Agreement on Solvency Regulatory Regime
Circular of the China Banking and Insurance Regulatory Commission on Revising the Insurance Company Solvency Regulatory Rules—Questions and Answers No. 1: Counterparty Default Risk Factors for Hong Kong Reinsurance Business during the Transition Period of the Equivalence Assessment Framework Agreement on Solvency Regulatory Regime
Circular of the China Banking and Insurance Regulatory Commission on Revising the Insurance Company Solvency Regulatory Rules-Questions and Answers No. 1: Counterparty Default Risk Factors for Hong Kong Reinsurance Business during the Transition Period of the Equivalence Assessment Framework Agreement on Solvency Regulatory Regime
Yin Bao Jian Fa [2021] No. 30
July 24, 2021
All insurance group (holding) companies and insurance companies,
In June 2020, the China Banking and Insurance Regulatory Commission (the “CBIRC”) issued the Circular of the China Banking and Insurance Regulatory Commission on Revising the Insurance Company Solvency Regulatory Rules-Questions and Answers No.1: Counterparty Default Risk Factors for Hong Kong Reinsurance Business during the Transition Period of the Equivalence Assessment Framework Agreement on the Solvency Regulatory Regime (Yin Bao Jian Fa [2020] No. 24, hereinafter the "Q&A"), clarifying the solvency assessment credit risk factor scheme that should be applied when a mainland direct insurer cedes reinsurance business to a qualified Hong Kong reinsurer.
......
Yin Bao Jian Fa [2021] No. 30
July 24, 2021
All insurance group (holding) companies and insurance companies,
In June 2020, the China Banking and Insurance Regulatory Commission (the “CBIRC”) issued the Circular of the China Banking and Insurance Regulatory Commission on Revising the Insurance Company Solvency Regulatory Rules-Questions and Answers No.1: Counterparty Default Risk Factors for Hong Kong Reinsurance Business during the Transition Period of the Equivalence Assessment Framework Agreement on the Solvency Regulatory Regime (Yin Bao Jian Fa [2020] No. 24, hereinafter the "Q&A"), clarifying the solvency assessment credit risk factor scheme that should be applied when a mainland direct insurer cedes reinsurance business to a qualified Hong Kong reinsurer.
......