Insurance companies dissolve the China Insurance Regulatory Commission according to law.

Hello! According to the conditions for the establishment of an insurance company, it is necessary to meet the conditions of the Insurance Law, the Company Law and other laws and regulations, and it is necessary to obtain the approval of the China Insurance Regulatory Commission, which is worthy of recognition.

In addition, according to relevant laws and regulations, if an insurance company is dissolved or revoked according to law, a liquidation group shall be established. The liquidation group shall entrust an accounting firm, an actuarial firm and a law firm recognized by the China Insurance Regulatory Commission to evaluate the company's creditor's rights, debts and assets, and the insurance contract transfer plan shall be reported to the China Insurance Regulatory Commission for approval. The interests of the insured can be guaranteed by the CIRC.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.