Insurance fund refers to investor protection fund, also known as investor compensation fund or investor compensation fund. It is a guarantee mechanism for the fund to directly compensate some or all losses to relevant investors when the securities company is in crisis, facing bankruptcy or bankruptcy liquidation. Next, Jin Toubian Xiao introduced the payment ratio of insurance funds.

The contribution rate of insurance funds refers to the contribution rate of insurance funds of securities companies, and the contribution rate of investor protection funds of securities companies is 0.5%~5% of operating income.

Last time, the CSRC lowered the payment ratio of the protection fund to 20 13. According to the regulations, when the scale of the guarantee fund is more than 20 billion yuan, AAA, AA, A, BBB, BB, B, CCC, CC, C, D and other securities companies 10 will pay 0.5%, 0.75% and 1 0 of their operating income respectively.

On March 6, the CSRC adjusted the proportion of securities companies paying securities investor protection funds. Securities companies of Class A, Class B, Class C and Class D shall pay the 20 19 annual securities investor protection fund according to the proportion of 0.5%, 0.6%, 0.7% and 0.7% of their operating income respectively, and the payment proportion of the 2020 securities investor protection fund shall be implemented by reference.