Study On Legal Issues In Market Access Supervision Of Foreign Insurance Companies

As an important part of financial service industry,insurance industry develops rapidly under the trend of financial globalization at the end of 20 th century.With the deepening of people's awareness of insurance and the improvement of acceptance,insurance has become an indispensable industry in the Chinese market.Therefore,foreign insurance companies enter the Chinese market,Due to the difference of foreign-funded insurance companies and insurance companies in our country is reflected in the structure and layout,once stuck in a dilemma,in turn,lead to bankruptcy will lead to widespread social impact,and even interfere with the financial security and stability of the international system.In order to maintain the safety and stability of the domestic insurance market,China's insurance regulatory agencies will legally review or confirm the business qualifications and business capabilities of insurance companies wishing to enter the country,so as to maintain the safety and stability of the insurance industry and protect the legitimate rights of the insurer and the insured.At present,China adopts a cautious attitude of "w welcome" to foreign insurance institutions,that is,a policy of "limited,selective and step by step opening",which is reflected in the principle of regulation,namely,moderate protectionism,reciprocity and the principle of drawing close to international rules."Safety control" and "accelerated opening" are contradictory to each other.while the important rules on economic security,such as the following,are too radical.To protect the safety of China's financial market and avoid the risks brought by internationalization and opening up to the outside world is the premise of the market access supervision legislation of China's foreign-funded insurance companies.At the same time,we should grasp the development trend of international insurance supervision and cooperation,draw on the experience of international supervision and cooperation,We will honor our commitment to strengthen opening-up and build a fair and healthy financial market environment.And provide assistance for the international competitiveness of China's financial industry.