Practices

Insurance

Basic Overview

Insurance legal practice stands as a core, long-standing area of expertise for Zhonglun W&D Law Firm. Drawing on our profound insights into the regulatory frameworks and market dynamics within the sector, we have built a professional team that integrates international outlooks with extensive local expertise. We are committed to delivering end-to-end, high-quality legal services for the insurance industry.

Our Insurance Practice Team boasts extensive project experience and professional expertise in such areas as the establishment and governance of insurance institutions, compliance system development, fund deployment, dispute resolution, as well as cross-border M&A and restructuring.

The team caters to diverse clients covering state-owned and private insurance groups, property and personal insurers, reinsurers, insurance asset management firms, and various specialized intermediaries.

Renowned for its exceptional industry contributions and client reputation, the Insurance Practice of Zhonglun W&D Law Firm has earned consistent recognition from leading international legal rating agencies – including Chambers and Partners and The Legal 500 – for multiple consecutive years. With a forward-thinking vision and a pragmatic approach, our Finance & Insurance Team delivers precise, reliable legal services to clients amid an evolving regulatory and market environment, safeguarding enterprises for steady and sustained growth.

Services

  • Legal Services for the Establishment of Insurance Institutions and Intermediaries

    •Preparation and establishment of insurance companies, insurance asset management firms, and insurance intermediaries
    •Preparation and establishment of branches for insurance companies, insurance asset management firms, and insurance intermediaries 
  • Legal Services for Mergers & Acquisitions, and Restructuring of Insurance Institutions

    •Equity transfers, capital increases, mergers, restructuring, and initial public offerings (IPOs) of insurance companies
    •Equity transfers and acquisitions of insurance brokers, insurance agents, and insurance loss adjusters 
  • Legal Services for Utilization of Insurance Funds

    •Equity, debt, and portfolio investments
    •Investment in Real estate (including infrastructure) projects

    •Investments in financial products

    •Other innovative applications of insurance funds

  • Legal Services for Insurance Litigation and Arbitration

    •Disputes over property, liability, credit, and guarantee insurance contracts
    •Disputes over life, accident, and health insurance contracts
    •Disputes over insurance contracts for transportation by sea and by waters connected to sea

    •Disputes over reinsurance and coinsurance contracts
    •Disputes over insurance agency and brokerage contracts

    •Disputes over import-export and domestic trade credit insurance contracts
    •Disputes over insurers’ right of subrogation

  • Long-term Legal Services for Insurance Institutions

    •Long-term legal services for insurance institutions including insurance companies (P&C, life, pension, health, reinsurance, etc.), insurance asset management firms, and insurance intermediaries (brokers, agents, loss adjusters)
    •Compliance assessments for corporate governance structure, articles of association, and insurance clauses for insurance companies
    •Other legal and compliance issues arising in the daily operations of insurance institutions 
  • Other Insurance-related Legal Services

    •Internet insurance business
    •Financing services for insurance institutions
    •Legal consultation on cooperation models for insurance institutions
    •Mediation and resolution of disputes related to insurance business 

Service Performance

Providing long-term and compliance legal services for the People’s Insurance Company (Group) of China Limited and its subsidiaries 
Providing long-term and compliance legal services for China Life Insurance Company Limited and its subsidiaries 
Providing long-term and compliance legal services for China Taiping Insurance Group Ltd. and its subsidiaries 
Providing long-term and compliance legal services for Taikang Insurance Group Inc. and its subsidiaries
Providing legal services to Taishan Property & Casualty Insurance Co., Ltd. for its project of introducing the foreign investment of ERGO Group 
Providing legal services to Taiping Pension Co., Ltd. for its project of introducing the foreign investment of Ageas Insurance International NV 
Providing legal services to SINATAY Life Insurance Co., Ltd. for its project of introducing shareholders, including Wuchan Zhongda Group Co., Ltd. and three other state-owned enterprises
Providing legal services to Qomolangma Property & Casualty Insurance Co., Ltd. for its project of introducing class shareholders
Providing legal services to PICC Health Insurance Co., Ltd. for its corporate governance project 
Providing legal services to China Life Asset Management Company Limited for its issued or invested equity, debt, trust and debt-to-equity investment plans
Providing legal services to BOC Samsung Life Insurance Company Limited for its invested debt, trust, and debt-to-equity investment plans, as well as its wealth management products 
Providing legal services to the People’s Insurance Company (Group) of China Limited for a death compensation case involving two employees under the accidental injury insurance contract for construction workers in the China-aided Libya oil project 
Providing legal services to the Beijing branch of PICC Property and Casualty Company Limited for a death compensation case involving three employees under the comprehensive accidental injury insurance contract for construction personnel of Jilin Province Construction Group Co., Ltd. (in the Henan Expressway construction project) 
Providing legal services to the Beijing Branch of China Life Insurance Company Limited for its personal insurance contract dispute with Jin Yize