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Chinese insurance regulator introduces interim measures for Internet insurance services

( July 27, 2015, 09:11 GMT | Official Statement) -- MLex Summary: The China Insurance Regulatory Commission recently circulated its interim measures for the administration of Internet insurance services, which will take effect on Oct. 1, the regulator said today in a statement. The measures spell out rules and regulations on industry thresholds, the scope of business activities, information disclosure and supervision. According to the measures, restrictions on cross-region operations will be lifted for certain types of life insurance and property insurance services. The statement follows:...

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