Article 3 The term “insurance group companies” as mentioned in these measures shall refer to those companies that are formed upon approval of the CIRC and registered according to law with words such as “insurance group” or “insurance holding” in their names, and that exert control, joint control or material impact on the member companies of the insurance group.
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An insurance holding (group) company may, by referring to these Guidelines, set down the compliance policies and conduct norms for employees and marketing staff of the group.
保险控股(集团)公司可以参照本指引制订集团统一的合规政策以及员工、营销员行为准则。
Some insurance companies, meanwhile, are reported to be worried about holding all equities at market prices.
同时一些保险公司被报道说对以市场价持有全部股本表示担心。
Its insurance businesses are ring-fenced by local regulators and individually capitalised, precisely so they can survive a collapse of the holding company.
其保险业务是资本独立核算并已被地方监管机构锁定,正因如此保险业务不会随控股公司的破产而崩溃。
"The current financial crisis has clearly demonstrated that risk to the financial system can arise not only in the banking sector, but also from the activities of other financial firms, such as investment banks and insurance companies that traditionally have not been subject to the type of regulation and consolidated supervision applicable to bank holding companies,"
VOA: standard.2009.10.01
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