Study On Legal Issues Of Supervision Of Bancassurance In China

There are four operation modes of bancassurance according to the degree of financial servicesintegration: distribution agreement mode, strategic union mode, joint venture mode and financialgroup mode. The distribution agreement mode was mainly used in practice and made a greatprogress. However, some problems were exposed in this comparatively loose cooperation, such asfiercer cut-throat competition, nonstandard competition behavior, and low service quality andcreeping administration, all of which badly restrict the sustainable development of bancassurance inChina. Therefore, analyzing the reasons of these problems, drawing lessons from the successfulexperience abroad, and offering targeted proposals have important significance for the healthydevelopment of bancassurance in China.From the legal system perspective, this thesis first defines the basic concepts of thebancassurance, and then compares the four management modes. Then it is followed by a briefintroduction of the current development of China's bancassurance and analyzes the problems in itsmanagement mode and supervision. After comparing the management mode and supervision withthat in foreign countries, some useful solutions were proposed to develop the bancassurance inChina. Specific measures are proposed to the current problems in the supervision of bancassurancein China, on the basis of analyzing the regulatory status of China's bancassurance.