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iBusiness  2023 

Study on the Legal System of Overseas Investment Insurance under the “Belt and Road” Initiative

DOI: 10.4236/ib.2023.154021, PP. 294-308

Keywords: Belt and Road Initiative, Legislative Objectives, Basic Principles, Theoretical Cornerstones, Legal System, Overseas Investment Insurance

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Abstract:

To further improve the insurance legal system, this paper takes the “Belt and Road” as the background to research the legal system of overseas investment insurance. It elaborates the theoretical cornerstone of the legal system of overseas investment insurance from the aspects that overseas investment insurance is created “in the name of the state” and conforms to the characteristics of the participation of diversified subjects under the global governance; the construction of the legal system of overseas investment insurance under the Belt and Road Initiative The construction of the legal system for overseas investment insurance under the “Belt and Road” initiative should follow the principles of economic sovereignty and fairness and mutual benefit; in order to improve the legal system for insurance, it proposes measures in three aspects, namely, setting the main legislative objectives of the legal system for overseas investment insurance, establishing the status of equal protection for overseas investment equities and claims, and standardizing the supervision and management of the insurance industry for overseas investment, so as to help realize win-win situation for both the overseas investment and the host country.

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