China Insurance Regulatory Commission (hereinafter referred to as China Insurance Regulatory Commission) was established on November 18th, 1998, and is a public institution directly under the State Council. Perform administrative functions as authorized by the State Council, supervise and manage the national insurance market in accordance with laws and regulations, and maintain the legal and steady operation of the insurance industry. In 23, the State Council decided to change the China Insurance Regulatory Commission from a vice-ministerial institution directly under the State Council to a ministerial institution directly under the State Council, and correspondingly increase the functional departments, agencies and staffing. China Insurance Regulatory Commission has 15 functional institutions and 35 agencies in all provinces, municipalities directly under the central government, autonomous regions and cities under separate state planning. Among them, 15 internal departments are:

(1) General Office (Party Committee Office, Work Department of Board of Supervisors). To formulate the office rules and regulations of the meeting organs; Organize and coordinate the daily work of organs; To undertake the drafting of relevant documents, the organization of important meetings, confidentiality, secretarial work, letters and visits, confidentiality, information integration, news release, security and other work. Responsible for insurance letters and complaints; To undertake the relevant work assigned by the Party Committee; Responsible for the daily work of the board of supervisors of state-owned insurance companies.

(2) Development and Reform Department. To formulate development strategies, industry plans and policies for the insurance industry; To formulate the principles and policies of insurance supervision and measures to prevent and resolve risks in conjunction with relevant departments; To study major issues related to the reform and development of the insurance industry in conjunction with relevant departments, put forward policy suggestions and organize their implementation; Analyze the overall operation of the insurance market in conjunction with relevant departments; Check the major policies issued by the CIRC; Centralized management of market access and exit of Chinese-funded insurance legal person institutions and insurance asset management companies; To be responsible for standardizing the ownership structure and corporate governance structure of insurance companies, and to guide and supervise the company's reorganization, restructuring, listing and other activities; Responsible for the coordination of important foreign business work and policies of the CIRC.

(3) Policy Research Office. Responsible for drafting relevant important documents and manuscripts of the CIRC; Check the important documents submitted by the CIRC to the CPC Central Committee and the State Council; To study the opinions on the implementation of national policies in the insurance industry; Study the interaction between macroeconomic policies, related industry policies, financial market development and insurance industry; According to the instructions of the leaders, investigate and study the relevant issues; Carry out insurance theory research, and be responsible for guiding and coordinating the research work in insurance institute of china.

(4) Finance and Accounting Department. To formulate measures for the implementation of accounting management of insurance enterprises and insurance supervision; Establish the solvency supervision index system of insurance companies; Prepare the annual financial budget and final accounts of the CIRC system; To examine the financial budget and final accounts and revenue and expenditure activities of the organs and agencies, and carry out supervision and inspection; Review the relevant financial provisions in the business rules of various departments of the meeting. Responsible for the financial management of institutions.

(5) Property Insurance Supervision Department (Reinsurance Supervision Department). To undertake the supervision of property insurance companies. To formulate regulatory rules and regulations and actuarial system of property insurance; Monitor the asset quality and solvency of insurance companies; Check and standardize market behaviors, and investigate and deal with violations of laws and regulations; Examining and filing insurance clauses and insurance rates; Examining the establishment, alteration, termination and business scope of insurance companies; Review the qualifications of senior managers. To undertake the supervision of reinsurance companies. To formulate regulatory rules and regulations; Monitor the asset quality and solvency of insurance companies; Check and standardize market behaviors, and investigate and deal with violations of laws and regulations; Examining the establishment, alteration, termination and business scope of insurance companies; Review the qualifications of senior managers.

(6) life insurance supervision department. To undertake the supervision of life insurance companies. To formulate regulatory rules and regulations and actuarial system of life insurance; Monitor the asset quality and solvency of insurance companies; Check and standardize market behaviors, and investigate and deal with violations of laws and regulations; Examining and filing insurance clauses and insurance rates; Examining the establishment, alteration, termination and business scope of insurance companies; Review the qualifications of senior managers.

(7) insurance intermediary supervision department. To undertake the supervision of insurance intermediaries. To formulate regulatory rules and regulations; Check and standardize the market behavior of insurance intermediaries, and investigate and deal with illegal acts; Examining the establishment, alteration, termination and business scope of insurance companies; Review the qualifications of senior managers; Formulate basic qualification standards for insurance intermediary employees.

(8) insurance fund utilization management department. To undertake the supervision of the use of insurance funds. To formulate regulatory rules and regulations; Establish a risk assessment, early warning and monitoring system for the use of insurance funds; Investigate and deal with violations of laws and regulations; Examining the establishment, alteration, termination and business scope of insurance fund utilization institutions; Review the qualifications of senior managers; To formulate measures for the management and use of insurance protection funds and be responsible for the collection and management of insurance protection funds.

(9) international department. To undertake the contact and cooperation between China Insurance Regulatory Commission and relevant international organizations, relevant national and regional regulatory agencies and insurance institutions. Responsible for the foreign affairs management of China Insurance Regulatory Commission; To undertake the audit of the establishment of insurance institutions in China by overseas insurance institutions, and the establishment of insurance institutions abroad by domestic insurance institutions and non-insurance institutions and related changes; To undertake the examination and management of the establishment of representative offices in China by overseas insurance institutions; Supervise insurance institutions established overseas by domestic insurance and non-insurance institutions.

(1) regulation department. To formulate relevant insurance regulatory rules and regulations; Drafting relevant laws and administrative regulations, and putting forward suggestions for formulation or revision; To review the regulatory rules drafted by various departments of the audit committee; Supervise and coordinate the implementation of relevant laws and regulations; Carry out insurance legal consulting services and organize legal education and publicity; To undertake administrative reconsideration and administrative litigation.

(11) Statistics and Information Department. To formulate the statistical system of the insurance industry and establish and maintain the insurance industry database; Responsible for the unified compilation of national insurance data and statements, copied to the People's Bank of China, and published in accordance with the relevant provisions of the state; Responsible for the analysis of statistical data of insurance institutions; To formulate information standards for the insurance industry and establish and improve the information security system; Responsible for the planning and implementation of information construction in the insurance industry; Responsible for the establishment and maintenance of solvency and other business supervision information systems; Responsible for the construction and management of information equipment.

(12) Agency Management Department. To formulate rules and regulations for the management and coordination of dispatched institutions. Check the implementation of the work of the dispatched offices, and supervise the major issues approved by the leaders of the meeting; In conjunction with the relevant departments, put forward the evaluation opinions on the annual work performance of the dispatched institutions; To study and analyze the major problems in the management and coordination of dispatched institutions, and put forward suggestions and solutions; Regularly collect and sort out the opinions and suggestions of the dispatched offices reflecting the operation of the insurance market and the supervision work.

(13) Ministry of Personnel and Education (Party Committee Organization Department). To formulate rules and regulations on human resources management of the meeting organs and agencies; To undertake the personnel management work of the organs, agencies and relevant units of the conference; According to the regulations, be responsible for the daily management of the leading bodies and leading cadres of relevant insurance institutions; To be responsible for guiding the Party's organizational construction in this system and the education management in party member; Responsible for the training and education of cadres in the organs and the system.

(14) Supervision Bureau (Commission for Discipline Inspection). Supervise and inspect the implementation of national laws, regulations and policies in this system; Investigate and deal with violations of state laws, regulations and political disciplines according to law; Accepting reports, complaints and appeals against the objects of supervision. Lead the supervision (discipline inspection) work of this system.

(15) Propaganda Department of Party Committee (United Front Work Department of Party Committee). Responsible for the ideological construction and propaganda work of the party in this system; Responsible for ideological and political work and spiritual civilization construction; Responsible for guiding and coordinating the United front work, the masses and intellectuals in this system. Party committees of organs. Responsible for the party-mass work of the conference organs and units directly under Beijing.

The main functions of the China Insurance Regulatory Commission are:

1. To formulate the principles and policies for the development of the insurance industry and formulate industry development strategies and plans; Drafting laws and regulations on insurance supervision; Formulate industry regulations.

2. examine and approve the establishment of insurance companies and their branches, insurance group companies and insurance holding companies; To examine and approve the establishment of insurance asset management companies in conjunction with relevant departments; Examining and approving the establishment of representative offices of overseas insurance institutions; To examine and approve the establishment of insurance agencies, insurance brokerage companies, insurance assessment companies and other insurance intermediaries and their branches; Examining and approving domestic insurance institutions and non-insurance institutions to set up insurance institutions overseas; To examine and approve the merger, division, change and dissolution of insurance institutions, and decide to take over and designate acceptance; Participate in and organize the bankruptcy and liquidation of insurance companies.

3. Review and confirm the qualifications of senior managers of various insurance institutions; Formulate basic qualification standards for insurance practitioners.

4. examine and approve the insurance clauses and premium rates of insurance types that are related to the public interest, those that are subject to compulsory insurance according to law and newly developed life insurance types, and implement record management on the insurance clauses and premium rates of other insurance types.

5. Supervise the solvency and market behavior of insurance companies according to law; To be responsible for the management of the insurance guarantee fund and supervise the insurance deposit; According to the law and the state's policy on the use of insurance funds, formulate relevant rules and regulations and supervise the use of funds by insurance companies according to law.

6. Conduct business supervision on policy insurance and compulsory insurance; Supervise organizational forms and business activities such as exclusive self-insurance and mutual insurance. Centralized management of insurance industry associations, insurance societies and other industry associations.

7. investigate and punish illegal and irregular behaviors such as unfair competition between insurance institutions and insurance employees, as well as non-insurance institutions operating or operating insurance business in disguised form.

8. supervise insurance institutions established overseas by domestic insurance and non-insurance institutions according to law.

9. Formulate the informatization standards of the insurance industry; Establish an insurance risk assessment, early warning and monitoring system, track, analyze, monitor and predict the operation of the insurance market, be responsible for compiling data and statements of the national insurance industry in a unified way, and publish them in accordance with relevant state regulations.

1. To undertake other tasks assigned by the State Council.

The above information comes from the website of China Insurance Regulatory Commission.

The Insurance Regulatory Bureau is the dispatched office of the Insurance Regulatory Commission in various places. Before 24, the dispatched office of the Insurance Regulatory Bureau in various places was called ×× Insurance Regulatory Commission, for example, in Shanghai, it was called Shanghai Insurance Regulatory Commission. After 24, it was renamed as ×× Insurance Regulatory Bureau. At present, there are 35 dispatched offices of the Insurance Regulatory Commission all over the country. The functions of the Insurance Regulatory Bureau are similar to those of the China Insurance Regulatory Commission, but there are differences between the central and local authorities.

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