Research On The Solvency Regulation Of Insurance Of PICC Life Insurance Company Limited

Since the reform and opening up, the overall competitiveness of China’sinsurance industry is enhancing constantly, and the level of income and consumptionability are improved, so that the demand for insurance products is expanding, whilemarket influence and insurance portfolio are showed a rising trend. When theinsurance industry is in high-speed development, the characteristics of the product inthe insurance industry also indicates that the insurance market must be stable, andneeds to strengthen the supervision of the insurance risk. The supervision of theinsurance industry, mainly are carried out from three aspects: market supervision,administration supervision behavior and solvency control which is the core part. Thesolvency of insurance company is the ability of undertaking payment according tocompensation agreement when guarantee slip holders happy accidents. Enoughsolvency is not only the key of healthy and orderly operation for insurance company,but also the fundamentality of interests for guarantee slip holder. Therefore, it is veryimportant to provide long-term stable insurance service for customers bystrengthening the solvency regulation of insurance and improving the insurancecompany’s ability to resist risks.Our country’s existing literature material mainly focuses on insurance regulationpragmatic’s policies and regulations so that the solvency of insurance companies hasbeen ignored. This paper based upon life insurance company makes use of theexperience of the solvency of insurance regulatory from developed countries, andanalyzes the relationship between the supervision and insurance companies in view ofthe solvency and solvency regulatory. In the solvency, it expoundes from concept andinfluencing factors, while in the solvency supervision, it mainly introduces itsconnotation supervision and stage of development. Combined with the case analysismethod, it quantitatively discusses the present situation and problems about the actualsolvency, which uses the key indicators from PICC. At last, it puts forward thecountermeasures optimizating the solvency supervision.