The China Insurance Regulatory Commission said that it will take three years to do a good job in risk prevention and resolution in key areas of the insurance industry, resolutely crack down on illegal activities, strengthen the supervision system for weak links, further strengthen risk prevention and control in the insurance industry, enhance the ability and level of risk prevention, strictly abide by the bottom line of systemic financial risks, promote the high-quality development of the industry, and effectively win the battle to prevent and resolve major risks in the insurance industry.
Dealing with some problems, the risk of the company.
Doing a good job in risk prevention, control and disposal in key areas, resolutely cracking down on illegal insurance business activities, and strengthening the construction of weak link supervision system are placed in a prominent position.
In terms of risk prevention, control and disposal in key areas, the Plan is clear. First, we should guard against and deal with the risks of a few problem companies. Formulate targeted risk disposal plans, orderly and controllably resolve the risks of a few problem companies, and prevent individual risks from evolving into local risks and local risks from evolving into systemic risks. ? Take more effective supervision measures against foreign-funded insurance companies whose solvency is not up to standard for a long time and whose problems have been delayed for a long time to prevent the spread of risks.
The second is to prevent and control the risk of corporate governance failure. Comprehensively investigate the operation of "three meetings and one floor", focusing on solving problems such as lack of checks and balances, chaotic authorization management, and lack of key positions. Strictly investigate the responsibility of the general manager and other senior executives of insurance companies, and strive to solve the problem of ineffective internal supervision and checks and balances management mechanism. We will comprehensively carry out a penetrating review of shareholders' background, qualifications and related relationships, and strictly investigate illegal shareholding. ? Dispose of the insurance companies caught in the deadlock in governance according to law, investigate the responsibilities of relevant shareholders, and start the market exit mechanism when necessary.
The third is to prevent and control the risk of fund use. Focus on preventing the risk of illegal investment of insurance funds, especially the risk of evading the supervision of related party transactions and transferring benefits to specific related parties. Focus on preventing radical investment risks such as irrational mergers and acquisitions, stock speculation, real estate investment through financial product nesting violations, and short-term and long-term investment. Focus on preventing the risk of large losses caused by investment failure.
The fourth is to prevent and control insurance business risks. Monitor the cash flow dynamics in the process of business structure adjustment of life insurance companies, formulate policy plans, and prevent and control liquidity risks. Pay attention to and evaluate the spread loss risk that may be caused by the lack of interest rate risk management ability in the long-term guarantee business of some life insurance companies.
The fifth is to prevent and control the risk of insufficient capital. Monitor and identify insurance companies that consume capital rapidly due to blind expansion, poor management and out-of-control expenses. And take effective measures in time to prevent and control the company's capital shortage risk. Strengthen the regulatory binding force of insurance companies' three-year rolling capital planning. Support small and medium-sized insurance companies to formulate and implement differentiated competitive development strategies.
In addition, the CIRC proposes to guard against and respond to new insurance business risks, external risk transmission and influence, and group event risks.