"four-in-one" Insurance Company Solvency Regulation System

Solvency means insurance company's ability of economic compensation to the insurance responsibility undertaken, because of both parties' right and duty is in the dissymmetry with time, if the insurance company occurs solvency shortage even bankrupt, because most of all insurance contracts don't yet expire, the Insured will lose the insurance guarantee, suffering the economy loss, the insurance management's purpose of protecting the legal rights of the Insured can't carry out, therefore, protecting the legal rights of the Insured, the most important thing is to guarantee that the insurance company has ample solvency. After joining the WTO, our country's insurance market has already opened completely in short time, this is a challenge to our country's insurance industry, is also a new opportunity. How to set up our country's insurance company solvency management system under the new situation, providing the good system and environments assurance for our country insurance industry's circulation of safety, stability and efficiency, this is the most important topic of our country insurance management facing. The integral insurance company solvency management system should be composed of government, the insurance company, insurance association and society direction. The thesis consists of five chapters. Chapter 1 is to provide the basic concept of solvency management system. At first, the thesis introduces in brief the meanings of four aspects. Any behaviors must have the theories to guide, taking a wide view of the development of the international insurance industry, insurance management hasn't a set of perfect theories. The theories mindset that setting up" four integral whole" insurance management system has mainly two greatest theories: Social benefits theory and social steady theory. Because of the insurance industry demands of the realistic development, and these four aspects have special functions in solvency management, it seems to be very necessary to set up" four integral whole" insurance management system. At the same time, because the every aspect has the conditional maturity , setting up thus an individual department also is viable. Chapter 2 discusses the function of government management in solvency management, at first. Current there are two main kinds of modes in international of insurance company solvency management: American mode and British mode. In the same time be both the nations of Asia, Korea also has some experience in solvency government management worthy of our country studying. According to introduce the cash-flow testing, method of RBC, system of IRIS and FAST of the United States; The attestation accuracy system, Valuation of the approval property and liabilities of England; Korea of lowest solvency standard and faster report system etc. After introducing and evaluating these methods and measures, we can obtain apocalypse to perfecting our solvency management system. Chapter 3 introduces the function of insurance company in solvency management, at first. Although the inner-controlled system of business enterprise occupies the prominent position in insurance company solvency management system, because of various reasons, there are many problems exist in the inner-controlled system of insurance company. It causes that the inner-controlled system produces itself function in solvency management. Therefore, in connection with above existed problems, the writer puts forward to resolving measures to consummate internal control of insurance company. Be one most important link of the inner-controlled system, the author discusses the establishment of risk management system exclusively. Chapter 4 brings forward the function of insurance association in solvency management system, at first. The insurance professionassociation elaborates many functions in insolvency management system, such as: assisting management," moderate machine"," the resources database"," the bridge and bond" etc. The profession association construction of developed countries is already very perfect, for instance;...