Improve the insurance innovation mechanism with insurance enterprises as the main body, market demand as the guidance, and the combination of introduction and independent innovation. Develop high-tech insurance such as aerospace and biomedicine to provide risk protection for independent innovation. We will steadily develop consumer credit guarantee insurance such as housing and automobiles to promote consumption growth. Actively promote the insurance business in the fields of construction engineering and project financing. Support the development of export credit insurance and promote foreign trade and investment. Strive to develop all kinds of property and life insurance products that meet the needs of people at different levels, occupations and regions, optimize product structure and broaden service areas.
Using modern information technology, improve the scientific and technological content of insurance products, develop new service methods such as online insurance, and comprehensively improve the service level. Improve the actuarial level of insurance and scientifically determine the insurance premium rate. Vigorously promote the popularization of terminology and service standardization. Strengthen the education and training of insurance salesmen and improve the marketing service level. Give play to the positive role of insurance intermediaries in underwriting claims, risk management and product development, and provide more professional and convenient insurance services. Accelerate the development of reinsurance and promote the coordinated development of reinsurance market and direct insurance market. Coordinate the regional development of the insurance industry and improve the insurance service level in minority areas and underdeveloped areas.
Encourage the development of commercial pension insurance, health insurance, liability insurance and other professional insurance companies. Support qualified insurance companies to develop into internationally competitive insurance holding (group) companies through restructuring and mergers and acquisitions. We will steadily push forward the comprehensive operation of insurance companies, explore broader and deeper cooperation between the insurance industry and the banking and securities industries, and provide diversified and comprehensive financial and insurance services.
Seven, improve the level of insurance funds, support the national economic construction.
Deepen the reform of the insurance fund utilization system, promote the professional, standardized and market-oriented operation of insurance funds, and improve the level of insurance fund utilization. Establish an effective risk control and early warning mechanism, implement comprehensive risk management, and ensure asset safety.
An insurance asset management company shall establish a long-term investment concept and effectively manage insurance assets in accordance with the requirements of the unity of safety, liquidity and profitability. Allow qualified insurance asset management companies to gradually expand the scope of asset management. Explore the independent custody mechanism of insurance funds.
Under the premise of controllable risks, encourage insurance funds to directly or indirectly invest in the capital market, gradually increase the proportion of investment, steadily expand the scale and variety of insurance funds to invest in asset securitization products, and carry out pilot projects of insurance funds to invest in real estate and venture capital enterprises. Support insurance funds to participate in commercial banks. Support overseas investment of insurance funds. According to the needs of national economic development, we will constantly broaden the channels and scope of insurance funds, give full play to the advantages of long-term and stability of insurance funds, and provide financial support for national economic construction.
8. Deepen structural reform, raise the level of opening to the outside world and enhance the capacity for sustainable development.
Further improve the governance structure of insurance companies, standardize the rights and responsibilities of shareholders' meeting, board of directors, board of supervisors and managers, and form a check and balance mechanism among power institutions, decision-making institutions, supervision institutions and managers. Strengthen the construction of internal control system and risk management, strengthen the management and control responsibility of legal institutions, and improve and implement the insurance business accountability system. Change the management mechanism, establish a scientific evaluation system, and explore standardized incentive mechanisms such as equity and options. We will implement the strategy of developing talents, deepen the reform of the talent system, optimize the talent structure, and build a team of high-quality talents.
Coordinate domestic development and opening up, make full use of two markets and two resources, and enhance the competitiveness and development ability of the insurance industry under the condition of full opening up. Earnestly fulfill the promise of joining the WTO, and promote the complementary advantages, win-win cooperation and common development of Chinese and foreign insurance companies. Support qualified domestic insurance companies to set up business institutions overseas to provide insurance services for the "going global" strategy. Carry out extensive international insurance exchanges and actively participate in the formulation of international insurance rules. Strengthen cooperation with overseas insurance regulatory agencies, especially neighboring countries and regions, and strengthen cross-border insurance business supervision.
Nine, strengthen and improve supervision, prevent and resolve risks.
Adhere to risk prevention as the lifeline of the healthy development of the insurance industry, and constantly improve the modern insurance supervision system based on solvency, corporate governance structure and market behavior supervision. Strengthen solvency supervision, establish a dynamic solvency supervision index system, improve the actuarial system, and unify financial statistics and performance evaluation standards. Referring to international practice, study and formulate a financial accounting system that conforms to the characteristics of the insurance industry, ensure the truthfulness, timeliness and transparency of financial data, and improve the scientific and binding nature of solvency supervision. Further promote the supervision of the governance structure of insurance companies, standardize related party transactions, strengthen information disclosure and improve transparency. Strengthen market behavior supervision, improve on-site and off-site inspections, severely investigate and deal with illegal activities in insurance business, and improve the pertinence and effectiveness of market behavior supervision.
In accordance with the requirements of high standards and standardization, strict access to the insurance market and the establishment of a market-oriented exit mechanism. Implement classified supervision to help the superior and limit the inferior. Improve the insurance capital replenishment mechanism. Improve the insurance protection fund system and gradually realize market-oriented and professional operation. Establish and improve the insurance supervision information system to improve the supervision efficiency.
Standardize the forms of insurance organizations such as industry self-insurance and mutual assistance and cooperation insurance, rectify and standardize the self-insurance behavior of industries or enterprises, and bring it into insurance supervision in a unified way. Study and gradually implement consolidated supervision of insurance holding (group) companies. Improve the supervision and coordination mechanism between the insurance industry and other financial industries, prevent cross-industry transmission of financial risks, and safeguard national economic and financial security.
Accelerate the construction of insurance credit system and cultivate insurance credit culture. Strengthen the integrity education of employees, strengthen the disciplinary mechanism for dishonesty, and effectively solve problems such as misleading and difficult claims. Strengthen the construction of self-regulatory organizations in the insurance industry. Establish a rapid handling mechanism for insurance disputes to effectively protect the legitimate rights and interests of the insured.
Ten, to further improve the laws and policies, and create a good environment for development.
To accelerate the reform and development of the insurance industry, we should not only give full play to the basic role of the market in resource allocation, but also strengthen government macro-control and policy guidance and increase policy support. According to the nature of different types of insurance, according to the principle of differential treatment, explore giving appropriate tax incentives to policy insurance business involving the national economy and people's livelihood, and encourage the masses and enterprises to actively participate in insurance. Based on China's national conditions, combined with the tax reform, improve the tax policy to promote the development of the insurance industry. Constantly improve the policies and measures for insurance salesmen to practice and safeguard their rights. Establish a catastrophe risk insurance system supported by the state finance. Amend and improve the insurance law, speed up the construction of agricultural insurance laws and regulations, study and promote the legislative work of commercial pension, health insurance and liability insurance, insurance asset management, and improve the insurance laws and regulations system. Incorporate insurance education into the curriculum of primary and secondary schools, give play to the positive propaganda and guidance role of the news media, popularize insurance knowledge, and raise the risk and insurance awareness of the whole people.
All regions and departments should fully understand the great significance of accelerating the reform and development of the insurance industry, strengthen communication, coordination and cooperation, study, understand and apply insurance hard, and improve the ability and level of using insurance mechanism to promote the construction of a harmonious socialist society. It is necessary to incorporate the insurance industry into local or industry development plans, conscientiously implement various laws and policies, and create a good environment for the reform and development of the insurance industry. We must adhere to administration according to law and earnestly safeguard the operational autonomy and other legitimate rights and interests of insurance enterprises. China CIRC should constantly improve its ability and level of leading the development of insurance industry and preventing risks, conscientiously perform its duties, strengthen classified guidance and promote the implementation of policies. Through the joint efforts of the whole society, the insurance industry will develop well and quickly, and promote the construction of a harmonious socialist society.