Regulations Governing Permission of Insurance Business Transactions and Investment Between the Taiwan Area and the Mainland Area Article 15

A Taiwan-area insurance enterprise that meets the following requirements may apply to the Competent Authority for approval to establish a representative office in Mainland Area:1. The enterprise has shown sound operational performance and secure financial capacity in the three years prior to application; and2. The enterprise has not been subject to sanction under the provisions of Article 149, paragraph 2 of the Insurance Act in the three years prior to application, or has been subject to sanction but specific remedial actions have been taken therefor and accepted by the Competent Authority.
中文原文 臺灣地區與大陸地區保險業務往來及投資許可管理辦法第15條
臺灣地區保險業符合下列各款規定者,得向主管機關申請在大陸地區設立代表人辦事處︰一、最近三年具有健全業務經營績效及安全財務能力。
二、最近三年未受保險法第一百四十九條第二項規定之處分,或受處分而其違法情事已具體改善並經主管機關認可。

English translation for reference only; the Chinese text prevails. Not legal advice.