As member of the Global Insurance Law Connect Network (GILC), BUREN has contributed the China insights to the first research report into global Directors and Officers Liability Insurance Markets (D&O). The report has had input from insurance lawyers in 20 countries around the globe, and its headlines are startling. According to Jan Holthuis, partner at BUREN, “The demand for D&O insurance in China has snowballed in recent years and security litigation has increased substantially”. The report finds that in many countries D&O rates are rising, and in some places those increases are extreme, but sees opportunities for recovery in the coming year.
To download the full report please click here:
BUREN has contributed the China chapter on Dispute Resolution to the Lexology Panoramic DR Guide.
The end of 2023 marked a significant milestone in Chinese corporate law with the publication of the revised Company Law of the People’s Republic of China, set to take effect on July 1, 2024.
As we step into 2024, China's market regulation authorities continue their vigilant oversight against illegal activities undermining fair competition.