Insurance does not belong to the CSRC. The regulatory body of insurance companies is the China Insurance Regulatory Commission, and the CSRC is the regulatory body of securities companies. Responsibilities of the China Insurance Regulatory Commission The China Insurance Regulatory Commission shall perform the administrative functions authorized by the the State Council, implement unified supervision and management of the national insurance market according to law, and safeguard the legal and steady operation of the insurance industry. For insurance companies, insurance products, insurance purchases, sales, consumption, claims and other behaviors, as long as they are related to commercial insurance behaviors, are all managed by the CIRC.

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