The Insurance Regulatory Bureau is the dispatched office of the China Insurance Regulatory Commission.

China Insurance Regulatory Commission was established on November 18th, 1998, and it 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 p>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, dispatched institutions and staffing.

China Insurance Regulatory Commission has 16 functional institutions and 2 institutions, 36 insurance regulatory bureaus in all provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans, and 5 insurance regulatory sub-bureaus in Suzhou, Yantai, Shantou, Wenzhou and Tangshan.

In March p>218, according to the institutional reform plan of the State Council approved by the first session of the 13th National People's Congress, the responsibilities of the China Insurance Regulatory Commission were integrated and the Bank of China Insurance Regulatory Commission was established; Transfer the responsibility of the basic system of prudential supervision of China Insurance Regulatory Commission to the People's Bank of China; China Insurance Regulatory Commission will no longer be retained.

Extended information:

Internal institutions (selected):

In p>23, the State Council decided to change the China Insurance Regulatory Commission from a vice-ministerial institution directly under the State Council to a full-ministerial institution directly under the State Council, and correspondingly increase the functional departments, dispatched institutions and staffing. China Insurance Regulatory Commission has 16 functional institutions and 35 agencies in all provinces, municipalities directly under the central government, autonomous regions and cities under separate state planning. Among them, 16 internal departments are:

(1) General Office (Party Committee Office). 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;

to formulate rules and regulations for the management and coordination of dispatched offices, and be responsible for the inspection of the implementation of the work of dispatched offices and the collection and collation of information; Responsible for insurance letters and complaints; To undertake the relevant work assigned by the party Committee of the meeting.

(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;

To study the interaction between macroeconomic policies, relevant 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 (solvency supervision 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;

review the financial budget and final accounts and revenue and expenditure activities of the organs and dispatched offices, 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. To formulate solvency supervision standards and related systems; Formulate measures to strengthen solvency supervision and supervise their implementation; Supervise the use of insurance protection funds.

(5) Insurance Consumer Protection Bureau. To formulate rules and regulations and relevant policies for the protection of insurance consumers' rights and interests; To study the working mechanism of protecting the rights and interests of insurance consumers, and study and coordinate major issues of protecting the rights and interests of insurance consumers with relevant departments;

receiving complaints and consultations from insurance consumers, and investigating and handling matters that damage the rights and interests of insurance consumers; Carry out insurance consumer education and service information system construction, and issue consumer risk warnings; Guide the construction of industry integrity; Urge insurance institutions to strengthen the disclosure of information related to the rights and interests of insurance consumers.

(6) Property Insurance Supervision Department (Reinsurance Supervision Department). To undertake the supervision of property insurance companies and reinsurance companies. To formulate regulatory rules and regulations and actuarial system of property insurance;

monitoring the asset quality and solvency of insurance companies; Check and standardize market behaviors, and investigate and deal with violations of laws and regulations; Review and record the management of property insurance clauses and insurance rates; To examine the establishment, alteration, termination and business scope of property insurance companies and reinsurance companies; Review the qualifications of senior managers.

(7) 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 illegal behaviors; 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.

(8) 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;

review the establishment, alteration, termination and business scope of insurance intermediaries; Review the qualifications of senior managers; Formulate basic qualification standards for insurance intermediary employees.

Reference: Baidu Encyclopedia-China Insurance Regulatory Commission.