1. market access: the establishment, change and termination of insurance companies need to meet the conditions and procedures prescribed by law. For example, the registered capital of an insurance company must reach a certain amount, and executives need to have professional knowledge and experience.
2. Business scope: Insurance companies can engage in insurance business, reinsurance business and statutory insurance business. An insurance company shall operate within the approved business scope and shall not operate beyond the scope.
3. Insurance product management: The insurance products sold by insurance companies shall comply with the provisions of laws and regulations, and be approved or filed by the regulatory authorities. Insurance terms and rates shall be fair and reasonable, meet the needs of protection, and shall not harm the rights and interests of the insured, the insured and the beneficiary.
4. Solvency: An insurance company should have solvency commensurate with its business scale and risk level. An insurance company shall establish a solvency management system in accordance with regulatory requirements to ensure that it has sufficient assets to cope with future payments.
5. Use of funds: The use of funds by insurance companies shall follow the principles of stability, safety and efficiency, and meet the regulatory requirements. Insurance companies can invest in bank deposits, bonds, stocks, funds, real estate and other assets, but they are not allowed to speculate.
6. Internal control and compliance. An insurance company shall establish and improve its internal control system to prevent operational risks. An insurance company shall operate in compliance with the law, and shall not harm the public interests and the legitimate rights and interests of the insured, the insured and the beneficiaries.
7. Information disclosure. An insurance company shall, in accordance with the regulatory requirements, regularly disclose its operating status, financial status and risk management information to ensure the truthfulness, accuracy and completeness of the information.
8. Regulatory punishment: The regulatory authorities shall supervise and inspect insurance companies and punish illegal acts. Insurance companies should actively cooperate with supervision and timely rectify existing problems.
9. Protection of the rights and interests of insurance consumers: Insurance companies should respect the legitimate rights and interests of insurance consumers and provide fair and high-quality services. An insurance company shall establish a complaint handling mechanism for insurance consumers to solve the reasonable demands of insurance consumers in a timely manner.
The specific content of insurance company management regulations may vary from country to country, and the actual regulations shall be subject to local laws and regulations.