By Jia WAN
In a recent case published by Beijing Financial Court (the “BFC”), which was represented by AnJie Broad and classified as one of the typical financial cases for the year of 2022, the BFC pierced the veil of “co-insurance”, and confirmed that reinsurance legal relationship was established between two insurers.
The dispute arose…
By Jia WAN, Dongqing LIU
Introduction
International sanctions, imposed by governments and international organizations, are a powerful tool used to influence and punish countries, entities or individuals. The international sanctions may be imposed for various reasons, such as human rights violations, nuclear proliferation, or terrorism. The economic sectors are the primary target by these sanctions…
Ⅰ.INTRODUCTION
Over the past decade, China’s insurance industry has grown rapidly and held the second-largest premium market share worldwide for many years, contributing steadily to the global insurance market. In 2022, despite the repeated impact of the pandemic and the turbulent capital markets, China’s insurance industry has been put to the test and has seen…
Reinsurance contracts, like insurance contracts, follow the doctrine of utmost good faith. Since the reinsurance contract is a contract concluded between commercial entities such as insurance companies, who are endowed with professional insurance knowledge and insurance business experience, it is generally not easy to generate reinsurance disputes. Even when there are disputes, they are often settled…
On November 18, 2022, the Supreme People’s Court of the People’s Republic of China (the “SPC”) published an announcement soliciting public comments on the draft of Provisions of the Supreme People’s Court of the People’s Republic of China on Several Issues concerning the Application of Law in the Trial of…
On November 18, 2022, the Supreme People’s Court of the People’s Republic of China (the “SPC”) published an announcement soliciting public comments on the draft of Provisions of the Supreme People’s Court of the People’s Republic of China on Several Issues concerning the Application of Law in the Trial of…
Welcome to Our Yearend Antitrust Practice Review
Standing at the beginning point of the new year, we take the opportunity to deliberate and reflect on the last twelve months. 2022 has been an extremely busy and productive year for AnJie Broad Antitrust Team. Together, we have accomplished several milestones and have much to be proud…
I. Introduction
When referring to insurance, the first term that comes up with one’s mind is likely to be insurers, which are mostly known to operate insurance businesses. Nowadays, with the growth of the insurance industry, other entities also emerge such as insurance agents, brokers, and loss adjustors. These entities play different roles to prosper…
