Which article of the insurance law does the insurance company fail to comply with?
Article 89. Inquiring about Fatu. com, we know that insurance companies are not allowed to close down, and they will choose to merge if they are not well managed. Article 89 of the Insurance Law An insurance company is dissolved due to division, merger, or reasons for dissolution stipulated in the shareholders' meeting or the articles of association, and it is dissolved with the approval of the insurance regulatory authority of the State Council. An insurance company engaged in life insurance business shall not be dissolved except for division, merger or cancellation according to law.