The Latest Development of the Insurance Law in Life Insurance in China: The Third Judicial Interpretation on the Insurance Law by the Supreme People’s Court of China

Zhen Jing, Tianyi Jiang

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    Abstract

    The third Interpretation on the Chinese Insurance Law by the Supreme People’s Court came into force on 1 December 2015. It has clarified many long-disputed issues relating to insurable interest, beneficiaries and other issues in life insurance in China. This paper critically examines the provisions of the Interpretation and discusses the new development of the Insurance Law by the Interpretation on these issues.
    Original languageEnglish
    Pages (from-to)1-18
    Number of pages18
    JournalBILA Journal
    Volume129
    Publication statusPublished - Oct 2016

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