(1) Property insurance, accident insurance and short-term health insurance shall be paid by 1% retention premium;
(2) Long-term life insurance and long-term health insurance with guaranteed interest rate shall be paid at 0. 15% of the retained premium;
(3) Long-term life insurance without guaranteed interest rate shall be paid at 0.05% of the retained premium;
(4) The proportion of other insurance businesses of an insurance company shall be stipulated separately by the China Insurance Regulatory Commission.
China CIRC will set up a special account for insurance protection fund. The insurance guarantee fund shall be accounted for separately by the insurance company.
An insurance company shall timely and fully pay the insurance protection fund to the special account of the insurance protection fund, but under any of the following circumstances, the payment of the insurance protection fund may be suspended:
(1) The balance of insurance guarantee funds of property insurance companies, comprehensive reinsurance companies and property reinsurance companies reaches 6% of the company's total assets;
(2) The balance of insurance guarantee funds of life insurance companies, health insurance companies and life reinsurance companies reached 65,438+0% of the total assets of the companies.
If the balance of the insurance protection fund of an insurance company decreases or the total assets increase, and the proportion of the balance of the insurance protection fund to the total assets cannot reach the provisions of the preceding paragraph, the payment of the insurance protection fund shall be automatically resumed.
The balance of the insurance protection fund of an insurance company is equal to the accumulated amount of the insurance protection fund paid by the company plus the investment income shared by the company, MINUS the amount used.
If an insurance company is revoked or declared bankrupt, and the balance of its insurance protection fund is insufficient to pay the assistance that should be given to the applicant or the company to which the policy is transferred, the balance of its insurance protection fund shall be deducted from the insufficient amount according to the market share of the remaining company calculated from the retained premium of the previous year.
An insurance company shall pay the insurance protection fund annually and pay in advance quarterly.
An insurance company shall pay the insurance protection fund in advance within 15 working days after the end of each quarter, and make final settlement within 4 months after the end of each year.
China CIRC may adjust the payment ratio, upper limit of scale and payment method of insurance protection fund according to the actual situation of insurance industry development and risk.