Research On The Risk Management Of Insurance Companies Under China Risk Oriented Solvency System

Recent years,China's macroeconomic situation is constantly changing,the insurance industry has undergone profound reform,the operation and management of insurance companies are facing challenges from various risks;At the same time,China's insurance regulatory authorities,on the basis of summarizing the operation of the previous regulatory system and drawing on international experience,promulgated and implemented China Risk Oriented Solvency System,and included operational risks in the scope of the regulatory system.The above external changes put forward new requirements for operational risk management of insurance companies.Based on the operational risks and operational risk management theory,this article analyzes the requirements for operational risks and operational risk management of insurance companies under China Risk Oriented Solvency System,illustrates the insurance companies' operational risk management is still in its infancy,parses difficulties in the organization structure,processes,tools,and supporting measures of operational risk management.Drawing on the experience of financial institutions' operational risk management,this paper combines China Risk Oriented SolvencySystem to discuss the construction of the overall framework and supporting measures for the operational risk management for insurance companies.