Regulations Governing Permission of Insurance Business Transactions and Investment Between the Taiwan Area and the Mainland Area Article 48

A Mainland-area insurance enterprise or Mainland-funded insurance enterprise (with equity investment in Taiwan Area) shall promptly report to the Competent Authority if it has any of the following situations:1. Dissolved or suspended business.2. Undergoing reorganization, liquidation or bankruptcy proceedings, or its business permit has been revoked or annulled by the insurance authority at the place of registration.3. Merging, transferring, or assuming all or an essential part of assets or business of another financial institution.4. Has incurred losses which exceed one third (1/3) of its capital.5. Changing the name of the insurance enterprise.6. Other matters required reporting 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48條
大陸地區保險業或陸資保險業有下列情事之一者,應即向主管機關申報:
一、解散或停止營業。
二、發生重整、清算、破產或經登記地保險業主管機關撤銷營業許可之情事。
三、與其他金融機構合併、讓與或受讓全部或重要部分之資產或營業。
四、發生虧損且金額逾資本額三分之一。
五、變更保險業名稱。
六、其他主管機關規定應申報之事項。

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