Insurance
Insurance practice is a highly specialized area. It involves a wide range of business systems, all of which fall under the government’s stringent M88 Game meticulous regulation. Over the years, JunHe’s insurance team has provided a full range of multilevel legal services for the insurance industry M88 Game various clients, covering various fields of business as well as providing strong support for clients in the entire chain of operations. Our major clients include domestic M88 Game international well-known insurance companies such as China Life, China Reinsurance, Ping An, NCI, Swiss Reinsurance, AIA, PICC, CPIC, AIG, ACE Group, Sompo Japan Insurance, Tokio Marine, XL Group, Swiss Reinsurance M88 Game Munich Re Group.
Our Team
Our insurance team consists of partners M88 Game associates with extensive practical experience, M88 Game has been devoted to providing insurance legal services for many years. These associates have all graduated from well known domestic M88 Game overseas law schools, M88 Game many have worked for leading insurance companies M88 Game other insurance-related financial institutions. Those who deal with the settlement of insurance claims as well as defense, recovery M88 Game other litigation practices especially, have more hM88 Games-on experience accumulated over many years. Our team members are not only experts in law, but also have a profound understM88 Gameing of the insurance industry.
Core Areas of Practice
Assisted in the establishment M88 Game/or acquisition & merger of an insurance company in accordance with the special access system applicable to thatparticular company;
Assisted an insurance company in its capitalized operation, restructuring M88 Game listing;
Provided insurance companies M88 Game other insurance institutions with legal services in respect to various businesses M88 Game operations. In particular JunHe has provided legal analysis regarding innovative products M88 Game businesses, such as an analysis of the Internet insurance industry, cooperated with insurance intermediaries M88 Game managed sales channels;
Provided legal services with respect to multi-area M88 Game multi-type use M88 Game investment of insurance funds at home M88 Game abroad in accordance with the special rules M88 Game provisions for the investment of insurance funds;
Assisted insurance companies with general compliance according to the particular characteristics of compliance in the insurance industry;
Designed insurance products M88 Game clauses;
Litigated for the settlement of insurance claims;
Disputes over reinsurance;
Insurance defense;
Assisted in the exercise of subrogation rights for insurance companies.
Unparalleled Industrial Experience
As one of the oldest law firms engaged in insurance practice, JunHe has represented many classic cases including the‘Acquisition of Equity Interest of New China Life Insurance by International Finance Corporation, Zurich Insurance Company, Meiji Life Insurance Company M88 Game NetherlM88 Games Development Finance Company’in the early stages. For years JunHe’s insurance team has closely followed the development of the insurance industry, M88 Game maintained a good working relationship M88 Game communication with the regulatory institutions in the industry including the insurance industry participants, the China Insurance Regulatory Commission M88 Game other insurance industry associations, M88 Game has thus gained incomparable insight into the industry.
Stronger through Resource Sharing
Insurance law services almost always involve different categories of commercial laws M88 Game regulations, from market access M88 Game the establishment of a company, to business operations, funds utilization M88 Game the settlement of insurance claims, with each stage featuring high specialization M88 Game a large volume of business. Under JunHe’s ‘corporatization’ management system, our insurance team shares experience M88 Game resources with all other practice groups, including Mergers M88 Game Acquisitions, Real Estate M88 Game Construction, Infrastructure M88 Game Project Financing, Banking M88 Game Finance, Securities M88 Game Capital Markets, Litigation, Intellectual Property M88 Game Labor M88 Game Employment, so that our clients receive service from experts in the relevant fields within the shortest period of time. This saves valuable time M88 Game expense.
Recent Representative Cases
Advised Morgan Stanley on the subscription for capital increase in Zhong An Online Property Insurance Corporation. Zhong Anis China’s first online insurance company,M88 Game the project attracted the market’s attention because of the special nature of the insurance business M88 Game its high net worth. As the Chinese legal counsel for Morgan Stanley, JunHe offered opinions regarding Chinese law,the qualifications of the investors, the source of funds, the transaction structure, prepared application documents M88 Game participated in negotiations M88 Game discussions with the target company M88 Game other investors.
Advised PICC Investment Holding Co., Ltd. on the establishment of the ‘PICC Invest Holding – Great Wall Guoxing Financial Leasing Project Asset Support Plan’. Compared to other insurance asset management products, project asset support plans have been rather limited in light of issue quantity M88 Game issue scale due to its multiple risk points M88 Game its sophisticated structure. JunHe’s team provided strong support to the client in respect to the transaction structure design M88 Game the transaction clause drafting, based on its extensive M88 Game solid legal knowledge M88 Game hM88 Games-on experience. The project won second prize in the “First Contest for Design of Innovative Insurance Asset Management Products” organized by the Insurance Asset Management Association of China.
