On The System Of Insurance Regulation By Government In China

The study on system is the dissertation's entrance. The logic of the dissertation is analysis on history, reality and future of insurance regulation system. And the dissertation focuses on China government's insurance regulation. Structurally, the dissertation is divided into five parts.The first part analyzes the reasons that the system of insurance regulation was founded and developed by research on historical changes of system of insurance regulation. With analysis on background of history and the different stage of times, the dissertation draw a conclusion about the significant meaning of building up the system of insurance regulation by government. The analysis on history of system of insurance regulation includes two aspects, one is spontaneous system of insurance regulation the other is the external enforcement system of insurance regulation. First of all the dissertation explained the preconditions of establishment of system of insurance regulation. From the history of insurance development we can easily found that insurance came into being in the early ancient society and then developed into mutual aid insurance form. However at that time insurance still was in primary stage, the system of professional and independent insurance regulation doesn't exist. Insurance and insurance regulation didn't come into being contemporarily. Modern insurance regulation was built up when insurance became commodity and it was the outcome of capitalism development. The specialties of insurance commodity and insurance market stimulate the demands of insurance regulation. Spontaneous system of insurance regulation was based on equality of members, same purpose and submission to the same rules. The direct motives to build up the spontaneous system of insurance regulation originate from competition of insurance market and technical innovation. In order to develop the insurance company must cooperation, so the cooperation results in the establishment of spontaneous system of insurance regulation. Then the dissertation describes the traits of spontaneous system of insurance regulation. External enforcement system of insurance regulation was built up by external authority who has enforcement power. The main reason to establish external enforcement insurance regulation is the limits of spontaneous system of insurance regulation. Meanwhile insurance market failures have the malignant effects on public interests. The supervisors of external enforcement insurance regulation are parliament, court and government. During the early development of insurance, parliament and court executed insurance regulation by institute laws and acts and dealing with the entanglements with court's judgment. However as the development of insurance, the insurance became more professional and complex especially for the public interests, the independent government department was founded to implement insurance regulation. And parliament, court and government play the different roles on insurance regulation and interact with each other. The matter of fact different system of insurance regulation still have great influences on insurance regulation and become the necessary parts of system of insurance regulation by government.The second part is comparison study on insurance regulation and focus on system of insurance regulation by government in china. This part also has study on the traits of china governmental insurance regulation and describes the details of insurance regulation by government in china. Insurance regulation of china wasn't fully developed until 1979 and experienced hard period. With the specialties of insurance development in china and with the policy of open and reform, the system of insurance regulation by government in china is unique. The system of insurance regulation by government in china has the typically characteristics which are political, simplification and strictly being controlled. It manifests china social characteristic of transition society.The third part will describe insurance regulation in governmental regulation system. Government now played an important role on regulation. Insurance regulation by government is only one of parts of governmental regulation system. Regulation by government became the main instrument to governance and to control. Because of market failure regulation by government often included two types: economical regulation and social regulation. According to the different reasons of government regulation, the dissertation analyzes the differences between regulation on natural monopoly and financial field. Make a comparison between insurance regulation by government and electricity regulation by government and the differences between bank regulation, stock regulation and insurance regulation. By the study we can get more clearly thoughts on specialty and reasons of insurance regulation by government.The forth part studied the future of system of insurance regulation by government in china when institution transform. Institution are the rules about society, economy and culture, different rules have the different influences. Nowadays the whole world faces the transformation from industrial society to post-industrial society. As a result the system of insurance regulation by government must be developed into a new stage and need reform.The standard to distinguish industrial society and post-industrial society is knowledge that had been used in manufacture process. Industrial society is based on mechanize and machines that be used widely in manufacture. The rules of industrial society are standardization, specialization, centralization and synchronization. These traits result in the changes of field of politics, economy and culture values. In industrial society the most efficient system of government is centralization and bureaucracy is regarded as the best organization form. Because coordination is the necessary in industrial society so the government is chosen to take on the task. The system of insurance regulation by government has obvious characteristics of industrial society during this time. Government and market oppose to each other and government as an external enforcement force control the market. Although government controls market by laws and acts, it cant change the opposed relationship between government and market. The system of insurance regulation by government in industrial society is technical, standard and simple, it is government controlling system and bureaucracy was the organization to implement regulation and make decisions.As the science and technology of information's development, information and knowledge become the main factor of economy and manufacture instead of machine. The economy of post-industrial society changed into serving economy. Professional technology expert and theory knowledge play more and more important roles on economic development. Intelligent technology has great effect on decision-making. In post-industrial society great changes have happened. Post-industrial society is based on the relationship between men to men rather than machine to men. So the cooperation, trust, decentralization and participation are regarded as the most important values in post-industrial society. Government is no longer the only controller of market and society government must cooperate with other organization. Government governance emphasizes on cooperation, trust, decentralization and participation especially focus on serving not controlling. Except law and enforcement power, ethic and moral are need to governance in post-industrial society in order to construct serving government. On system of insurance regulation by government the great changes include following parts. It is serving regulation rather than controlling regulation, it is cooperative regulation rather than monopoly regulation by government. The system of insurance regulation will change from control to serve, from efficiency pursuit into serve pursuit, from instrumental rationality to values, from the negative regulation to responsive and long views regulation. Meanwhile there are lots of specialties in china during the institutional transition. That will make the specialty of system of insurance regulation by government in china and that is also the significant content of this part.The last part talks about constructing system of insurance regulation by government to fulfill the idea of harmonious society. To build harmonious society is our party's main purpose. Insurance development will play the important role on harmonious society's construction. However the system of insurance regulation by government in our country still has a lot of problems. There are conflicts between politics and public administration, government and market etc. So to deal with all of conflicts and to develop the system of insurance regulation have the significant meaning for our harmonious society's construction.