With the continuous development of China's insurance market, the insurance industry has also developed rapidly. Against this backdrop, there is a trend of acquisitions among insurance companies.
1. The acquisition process of a national insurance company.
The following requirements need to be met on an ongoing basis for acquisitions by national insurance***:
The acquirer has a complete economic development strength and complies with the relevant regulatory policies of the enterprise;
The acquiree is in good standing and in stable operating condition;
The buyer and the purchaseee have a good reputation and customer relationship in the market.
The acquisition process for the National Insurance Agency consists of the following steps:
Determine the acquisition target: first determine the national insurance institution to be acquired, and conduct market research and evaluation;
Negotiation and signing: Discuss the market conditions of the transaction and the acquisition management method with the first party, and reach an agreement on the goal, and sign the formal contract;
Complete delivery: After the completion of the equity transfer of the national insurance company, go through the relevant registration, business scope change, institutional adjustment and other procedures;
Filing with the insurance regulator: Submit the application for business license change and the equity transfer agreement to the insurance regulator, and only after approval by the CIRC can the follow-up business be carried out.
2. Requirements for the transfer of ownership of national insurance companies.
After the acquisition and delivery of the national insurance ** institution, it is necessary to go through the transfer of business license. The specific requirements are as follows:
Equity Transfer Agreement;
The original and copy of the business management license;
National Insurance ** Company Industrial and Commercial Registration Certificate, Tax Registration Certificate;
National Insurance ** Agency Transfer Report Form;
Preliminary opinion;
Articles of Association, resolutions of the Board of Directors or resolutions of the General Meeting of Shareholders.
The transfer filing process of a national insurance company is as follows:
Submit application materials: Submit the transfer application and related research materials, and the student will receive a preliminary review by the service window
Audit and spot check: special inspection or on-site verification of data;
Audit conclusions: issue audit conclusions (agree or disagree);
Registration of transfer of ownership: After going through the registration procedures for the transfer of ownership, the business institution shall be notified in a timely manner.
3. Precautions for the transfer of insurance companies.
The acquisition and transfer of ownership of a national insurance institution is a highly professional work that requires strict compliance with national laws and relevant regulatory policies. The specific precautions are as follows:
Assess the risk and value of a company's acquisition of a research object;
In the process of transaction development, it is necessary to follow the corresponding legal procedures to avoid the resolution of disputes that may affect the existence of the enterprise;
Fill in the "National Insurance ** Agency Transfer Declaration Form" and other transfer application materials, and provide true and accurate information in accordance with the law;
After submitting the application materials, pay attention to the progress of the review in a timely manner and actively cooperate with the review process.