Research On The Supervision Of Insurance In Y City

The merger of banking and insurance supervision is a major reform in the field of financial supervision in China.The financial supervision structure of "Separate supervision" has been broken,from "One line three meetings" to "One line two meetings",at the same time,the insurance supervision responsibility is going to the grass-roots level.This merger may only be the beginning of the transformation of China’s financial regulatory system,the insurance industry regulatory field of a deeper level of reform may soon come.Taking city Y as an example,the insurance supervision department has been formally established since the bank and insurance sub-bureau of City Y,it plays an active role in eliminating the blank of insurance supervision at the basic level,promoting the systematization and normalization of insurance supervision at the basic level,and effectively solving the problems of low quality,lack of discipline and rigidity of insurance supervision.For the majority of the city-level Bank Insurance Regulatory Agencies,performing insurance regulatory functions are from scratch,the grass-roots insurance regulatory experience and practice are insufficient.This thesis studies the basic situation of the insurance industry in Y city in the past three years since the reform,the main problems existing in Y city’s insurance industry,and the achievements and problems of Y city’s insurance regulatory agency in the development of insurance regulation,at the same time,the author thinks deeply about the insurance supervision under the new situation,and puts forward some suggestions,such as implementing the main body,implementing regulatory policies;enriching regulatory measures,innovating regulatory instruments;strengthening system construction,enriching regulatory contents;strengthening the power of supervision,promoting the training of supervision.Through the above way to achieve the effectiveness of regulation,can timely understand the status of the insurance industry in Y city,improve the forward-looking insurance regulation,timely regulatory advice,to urge the healthy development of the insurance industry in Y city.