Analysis Of Insurance Supervition Based On Marketization Of Insurance Premiun Rate

In the whole economic system reform of China, in order to realize the insurance market price discovery function and the process of marketization, insurance premium rate becomes an important reform in Chinese insurance industry. The essence of premium rate market reform is the right transmission of making the insurance premium rate from the regulator to insurance companies, which will be given more rights in making premium rate.However, of insurance premium rate is not representative of insurance supervision to relax. Since the reform of premium rate marketization, insurance companies have more rights in the market pricing, but also face greater risks, such as market risk, credit risk, operational risk and solvency risk. From the international experience of rate marketization, reform of insurance premium rate market will be more prone to bankruptcy, caused by the lack of solvency. Therefore, rate marketization in should not relax on insurance regulation, on the contrary, it is need more effective supervision on insurance companies, and insurance sector.From angle of the regulatory objective, combined with China’s current insurance regulatory system and the policy, the current insurance regulatory problems or other vulnerabilities are put out from both macro and micro perspective. In the end, relevant insurance supervision policy recommendations are put forward.