1, the principle of unity of overall management and key monitoring.
An insurance company shall establish a comprehensive risk management system covering all business processes and operational links, which can continuously monitor, regularly assess and accurately warn risks.
At the same time, it is necessary to implement key risk monitoring according to the actual situation of the company, and timely discover, prevent and resolve risks that have an important impact on the company's operations.
2, the principle of unity of independent concentration and division of labor and cooperation.
An insurance company shall establish a comprehensive evaluation and centralized risk management mechanism to ensure the independence and objectivity of risk management.
At the same time, it is necessary to strengthen the main responsibility of risk management of business units, and on the basis of ensuring the clear division of labor and close cooperation between risk management functional departments and business units, make business development and risk management advance simultaneously to realize risk process control.
3. The principle of full effectiveness and cost control.
An insurance company shall establish a risk management system that is suitable for its own business objectives, business scale, capital strength, management ability and risk status.
At the same time, the relationship between cost and benefit of risk management should be weighed reasonably, and risk management resources should be allocated reasonably to achieve effective risk management at an appropriate cost.
Extended data
An insurance company may set up a comprehensive coordination organization composed of relevant senior managers or department heads, with the general manager or senior managers designated by the general manager as the person in charge. The main responsibilities of the risk management coordination agency are as follows:
1. Study and formulate risk management policies and systems that match the development strategy and overall risk tolerance of insurance companies.
2. To study and formulate risk assessment reports on major issues, major decisions and important business processes and solutions to major risks.
3. Submit the annual risk assessment report to the Risk Management Committee of the Board of Directors and the management.
4. Guide, coordinate and supervise all functional departments and business units to carry out risk management.
5. Reasonably determine all kinds of risk limits, organize and coordinate the daily work of risk management, assist all business departments to carry out business within risk limits, and monitor the compliance with risk limits.
Baidu Encyclopedia-Guidelines for Risk Management of Insurance Companies (for Trial Implementation)