ASLI Working Paper Series

Publication Title Commentaries on the Recent Amendment of the Insurance Law of the People’s Republic of China Regarding Insurance Contracts from the Perspective of Comparative Law
Publisher Asian Law Institute
Series WPS011
Publication Date Mar 2010
Author/Speaker Johnny Chang Kuan-Chun
This paper, which begins with a brief history of the insurance industry and insurance law, discusses the recent amendments to the Insurance Law of the People’s Republic of China. It focuses in particular on the amendments relating to insurable interest, the insured’s duty of disclosure, the interpretation of contractual clauses, double insurance and insurance fraud. The paper concludes by considering areas with which the amendments have not dealt, and by suggesting ways in which the legislation could be improved.
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