The China Insurance Regulatory Commission, referred to as the China Insurance Regulatory Commission, is an institution directly under the State Council responsible for the supervision and management of the insurance market in mainland China. Its office address is No. 15 Financial Street, Xicheng District, Beijing.

The internal institutions of the China Insurance Regulatory Commission include the Development and Reform Department, Policy Research Office, Financial Accounting Department, Property Insurance Supervision Department (Reinsurance Supervision Department), Personal Insurance Supervision Department, Insurance Intermediary Supervision Department, Insurance Fund Utilization Supervision Department, International Department, and Regulation Department.

, Statistics and Information Department, Station Management Department, Personnel and Education Department, Supervision Bureau and other departments.

As of March 2006, the China Insurance Regulatory Commission has 35 dispatch offices in 26 provinces (autonomous regions), 4 municipalities directly under the Central Government, and 5 cities under separate state planning, except Tibet.

The China Insurance Regulatory Commission exercises vertical leadership over its dispatched agencies.

The local offices are collectively referred to as "a certain local regulatory bureau of the China Insurance Regulatory Commission", or "a certain local insurance regulatory bureau" for short.

For example, the Gansu Insurance Regulatory Bureau of China Insurance Regulatory Commission, referred to as "Gansu Insurance Regulatory Bureau".

The main responsibilities are to formulate policies and policies for the development of the insurance industry, formulate industry development strategies and plans; draft laws and regulations for the supervision of the insurance industry; and formulate industry regulations.

Examine and approve the establishment of insurance companies and their branches, insurance group companies, and insurance holding companies; examine and approve the establishment of insurance asset management companies in conjunction with relevant departments; examine and approve the establishment of representative offices of overseas insurance institutions; examine and approve insurance agencies, insurance brokerage companies, and insurance adjusters

Establishment of insurance intermediaries such as companies and their branches; Approval of domestic insurance institutions and non-insurance institutions establishing overseas insurance institutions; Approval of mergers, divisions, changes, and dissolutions of insurance institutions, decisions on takeovers and designated acceptances; Participation in and organization of insurance companies

Liquidation.

Review and determine the qualifications of senior managers of various insurance institutions; formulate basic qualification standards for insurance practitioners.

Examine and approve insurance terms and premium rates for insurance types that are related to the public interest, insurance types subject to compulsory insurance in accordance with the law, and newly developed life insurance types, and implement record-keeping management of insurance terms and insurance premium rates for other insurance types.

Supervise the solvency and market behavior of insurance companies in accordance with the law; be responsible for the management of insurance security funds and supervise insurance deposits; formulate relevant rules and regulations in accordance with laws and national policies on the use of insurance funds, and supervise the use of funds of insurance companies in accordance with the law.

Conduct business supervision on policy insurance and compulsory insurance; supervise organizational forms and business activities such as exclusive self-insurance and mutual insurance.

Centrally manage insurance industry associations, insurance societies and other industry associations.

Investigate and punish illegal and illegal activities such as unfair competition by insurance institutions and insurance practitioners in accordance with the law, as well as the operation or disguised operation of insurance business by non-insurance institutions.

Supervise insurance institutions established overseas by domestic insurance and non-insurance institutions in accordance with the law.

Develop informatization standards for the insurance industry; establish an insurance risk assessment, early warning and monitoring system, track, analyze, monitor, and predict the operating conditions of the insurance market; be responsible for the unified preparation of data and reports for the national insurance industry, and publish them in accordance with relevant national regulations.