Insurance companies hold bank capital margin shall not be le23 than 20 billion yuan

China insurance regulatory Commission introduced measures to require insurance companies should select two as capital deposits in commercial banks deposit above banks Beijing News reporter Fu Suying in order to further regulate insurer capital margin management, strengthening capital margin monitoring. In the revision of the capital margin of interim measures for the management of the insurance companies on the basis of, on May 18, the measures for administration of China insurance regulatory Commission issued a capital margin of the insurance companies (draft for soliciting opinions). The management measures on the basis of the interim measures for storage of Bank conditions, perfect capital margin for the record program, strengthened capital has made significant amendments to margin supervision and management. Among them, the management measures for improving the insurance company capital margin deposit threshold, require insurance company capital margin deposit Bank net assets shall not be less than $ 20 billion. Recommended reading insurance weekly: variable amount annuity pilot started Beijing Shanghai five city first wins insurance enterprises violations promotions penalty 500,000 insurance ring "Wang yawei" emerge surface exaggerated income does not to risk silver insurance disputes constantly should first to family "pillar" Shang foot insurance regardless of from lost insurance is zehui Shi Qiming jointly immortal see disk build boutique lecture management approach under by said capital margin, is means under insurance under of provisions, insurance company established Hou in accordance with the its registered capital total of 20% extraction of, except insurance company liquidation Shi for settlement debt outside shall not spent of funds. First of all, the management procedures increased the number of deposit banks. The provisions of the interim measures, capital margin should be stored in one to three banks, but with the rapid development and increasing capital insurance companies, capital of this provision of margin deposit concentration risk is increasing, especially for large insurance companies, the issue more prominent. In order to spread the risk, the provisions of the measures for the administration of the insurance company should select two as capital deposits in commercial banks deposit above banks. At the same time, the management approach also improves the threshold of the deposit in the Bank. Notice display, in order to guarantee the safety of capital deposit, should be deposited in the strength of the Bank. Provisional measure "kept in the registered capital of RMB 4 billion bank", on the one hand, the registered capital cannot fully reflect the Bank's capital strength, on the other hand, lower the threshold of $ 4 billion. Therefore, provided for in the measures for the administration of storage Bank announced the net assets of not less than 20 billion yuan. The management rules also standardized the location requirements. Bulletin show that differences in view of the management level of commercial bank branches at all levels, in order to guarantee the safety of capital margin management, effective, provided for in the measures for the administration of capital margin should be stored in the institutional home of insurance companies, municipalities, cities or the capital city of the specified bank. The management approach for capital margin for the record program is a perfect, provided written feedback on insurance companies insurance capital margin record information audit observations, and clearly without record or insurance is not for the record, capital deposits for insurance companies signed agreements. In addition, compared to the interim procedures, the management procedures in order to ensure the safety of capital margin, an increase of two restrictive rules for capital bonds, that is, change capital margin property is not allowed in the storage period. Part of the blind pursuit of capital gains or capital margin of insurance companies as a means to develop business relations, frequently changing capital margin properties, the replacement deposit Bank, safe storage risks exist, is not conducive to regulation, therefore, the provisions of the administrative measures, before expiration, insurers may not change capital margin properties; in order to reduce financial risk, the administrative measures prohibiting insurance companies from capital margin for mortgage financing. Finally, the interim procedures for the conduct of insurance companies dispose of capital deposit, information provided by the uniform provisions require, request was too broad, refinement of the management of different disposal behavior needs to submit applications for different information, increase operation.