The Research Of China Insurance Regulatory Mode

The development of the insurance industry not only has important economic effect, still hassome of the political role, the insurance industry is very important to national economy and thepeople’s livelihood. The history of China’s insurance industry is short. The history of specializedinsurance regulation in China is even shorter. Witnessing a lot of new developments and problemsduring the fast growth, the deepening reform and the all-round opening up of this industry, theinsurance regulatory authority of China has been busy meeting all kinds of challenges. Because ofthe lack of clear ideas, goals, principles and a clear mode of regulation, some fundamental problemswithin the practice of China’s insurance regulation remain to be addressed. Theoretical research inthis area is still very weak without adequate systemic study, a clear-cut pan or proactive goals.Against such a back ground, a deep research into the establishment of an insurance regulatorysystem in line with the realities of China bears both theoretical significance and realistic value forprotecting the interests of the insured, preventing and mitigating insurance risks, maintaining faircompetition in the insurance market, safeguarding national financial security and facilitatingsustained growth of the insurance industry.This thesis probes into the question of how to establish an insurance regulatory system forChina. Based on the theory and frame work of insurance regulation, comparing the insuranceregulatory models in the world and their development trends, analyzing and assessing risks andproblems of China’s insurance industry, and defining and evaluating the main outstanding problemsin China’ insurance regulation, this thesis proposes a general idea for the mode of China’s insuranceregulation. It elaborates the core pattern and infrastructure of the insurance regulatory systemincluding regulatory concepts, targets, principles, patterns, institutions, functions, means,cooperation and external regulation. In the end, it predicts the trend of China’s insurance regulatorymode.