Research On Current Insurance Solvency Supervision

Solvency regulation, corporate governance regulation and market conductregulation constitute the three pillars of modern system of insurance regulationtogether. Solvency regulation is the core of the three pillars. It’s the most importantregulatory means and being refined. Insurance Functional Theory gives moderninsurance industry three functions: economic compensation, financial intermediationand social management. The insurance function continues to deepen and expand, thatmakes the insurance funds enter into all fields of national economy. Meanwhile,investment risk of insurance industry becomes the primary task of risk prevention,taking the place of the operational risk. Obviously, the traditional market conductregulatory model has been unable to adapt to new situation. Constructing four Linesof defense against the risk, which include management structure and internal controlsystem, solvency regulation, on-site inspection, monitoring use of funds and insuranceprotection fund, has become the basic path of reform and development of China’sinsurance regulatory system.For solvency regulation, which consists of four aspects, including static solvencyregulation, dynamic solvency regulation, insurance capital regulation, insuranceprotection fund supervision. Static solvency of relevant laws and regulations of theregulators have been more perfect, played a huge role in the process of continuousdevelopment of insurance industry. For dynamic solvency regulation, from theestablishment of the legal status of the specific system construction, there is still along way to go, but also our next regulatory system for the construction of theimportant and difficult lies.Current solvency regulation theory and law is the research object, the insurancesolvency regulation is analysis objects, and I put forward my own proposals to improve the relevant rules.