China Insurance Regulatory Commission (hereinafter referred to as CIRC) was established in June1998165438+1October 18, and it is directly affiliated to the State Council. Perform the administrative functions authorized by the State Council, supervise and manage the national insurance market according to law, and maintain the legal and steady operation of the insurance industry. In 2003, 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, institutions and staffing. There are 15 functional institutions of the CIRC, and 35 agencies of all provinces, municipalities directly under the central government, autonomous regions and cities under separate state planning. The internal departments of 15 are: (1) General Office (Party Committee Office, Supervisory Committee Work Department). To formulate the office rules and regulations of conference organs; Organize and coordinate the daily work of organs; To undertake the drafting of relevant documents, organization of important meetings, confidentiality, secretarial work, letters and visits, confidentiality, information integration, news release, security and so on. To formulate rules and regulations for the management and coordination of dispatched institutions, and be responsible for the inspection of the implementation of the work of dispatched institutions and the collection and collation of information. Responsible for insurance letters and complaints; To undertake relevant work assigned by the Party Committee; Responsible for the daily work of the board of supervisors of state-owned insurance companies. (2) Ministry of Development and Reform. 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 concerning 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 China Insurance Regulatory Commission; Centralized management of market access and exit of Chinese-funded insurance legal person institutions and insurance asset management companies; Responsible for standardizing the ownership structure and corporate governance structure of insurance companies, and guiding and supervising the company's reorganization, restructuring and listing 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 China Insurance Regulatory Commission; Check the important documents submitted by China CIRC to the CPC Central Committee and the State Council; To study the opinions of the insurance industry on implementing national policies; Study the interaction among macroeconomic policies, related industrial policies, financial market development and insurance industry; According to the instructions of the leaders, investigate and study 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. To formulate measures for the implementation of accounting management and insurance supervision of insurance enterprises; Establish the solvency supervision index system of insurance companies; Prepare the annual financial budget and final accounts of the China CIRC system; Review the financial budget and final accounts and revenue and expenditure activities of organs and institutions, and conduct supervision and inspection; Review the relevant financial provisions in the business rules of various departments of the meeting. Responsible for the financial management of public institutions. (5) Property Insurance Supervision Department (Reinsurance Supervision Department). To undertake the supervision of property insurance companies. To formulate regulatory rules and regulations and actuarial systems for property insurance; Monitor the asset quality and solvency of insurance companies; Check and standardize market behavior, investigate and deal with illegal acts; Review and record insurance clauses and insurance rates; Examining the establishment, alteration, termination and business scope of insurance companies; Review the qualifications of senior managers. Undertake the supervision of reinsurance companies. Formulate regulatory rules and regulations; Monitor the asset quality and solvency of insurance companies; Check and standardize market behavior, investigate and deal with illegal acts; Examining the establishment, alteration, termination and business scope of insurance companies; Review the qualifications of senior managers. (6) life insurance supervision department. Undertake the supervision of life insurance companies. To formulate rules and regulations on life insurance supervision and actuarial system; Monitor the asset quality and solvency of insurance companies; Check and standardize market behavior, investigate and deal with illegal acts; Review and record insurance clauses and insurance rates; Examining the establishment, alteration, termination and business scope of insurance companies; Review the qualifications of senior managers. (7) Insurance Intermediary Supervision Department. To undertake the supervision of insurance intermediaries. 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; Examining the qualifications of senior managers; Formulate basic qualification standards for insurance intermediary employees. (8) Insurance fund utilization management department. To undertake the supervision of the use of insurance funds. Formulate regulatory rules and regulations; Establish a risk assessment, early warning and monitoring system for the use of insurance funds; Investigate and deal with violations of laws and regulations; Review the establishment, alteration, termination and business scope of insurance fund utilization institutions; Examining the qualifications of senior managers; Formulate measures for the management and use of insurance protection funds, and be responsible for the collection and management of insurance protection funds. (9) International Department. To undertake the contact and cooperation between China Insurance Regulatory Commission and relevant international organizations, regulatory agencies and insurance institutions of relevant countries and regions. Responsible for the foreign affairs management of China Insurance Regulatory Commission; To undertake the review of overseas insurance institutions' establishment of insurance institutions in China, domestic insurance institutions and non-insurance institutions' establishment of insurance institutions abroad and related changes; To undertake the examination and management of representative offices established by overseas insurance institutions in China; Supervise insurance institutions established overseas by domestic insurance and non-insurance institutions. (10) Legal Department. Formulate relevant insurance regulatory rules and regulations; Drafting relevant laws and administrative regulations, and putting forward suggestions for formulation or amendment; Review the regulatory rules drafted by various departments of the Audit Committee; Supervise and coordinate the implementation of relevant laws and regulations; Carry out insurance legal consulting services and organize legal education and publicity; To undertake administrative reconsideration and administrative litigation. (1 1) Statistics and Information Division. Formulate the statistical system of insurance industry, and establish and maintain the insurance database; Responsible for the unified compilation of national insurance data and statements, copied to the People's Bank of China, and published in accordance with relevant state regulations; Responsible for the analysis of statistical data of insurance institutions; Formulate information standards for the insurance industry and establish and improve the information security system; Responsible for the planning and implementation of information construction in the insurance industry; Responsible for the establishment and maintenance of solvency and other business supervision information systems; Responsible for the construction and management of information equipment. (12) Inspection Bureau. Responsible for formulating rules for investigating and handling illegal cases of various insurance institutions; Organize and coordinate the comprehensive inspection of the insurance industry and the investigation of major insurance cases; Responsible for handling special work such as illegal fund-raising in the insurance industry; Cooperate with the People's Bank of China to organize the inspection of anti-money laundering cases in the insurance industry; Investigate and deal with violations of laws and regulations in reporting complaints and safeguard the legitimate rights and interests of insurance consumers; Carry out case statistical analysis, inspection work exchange and assessment. (thirteen) the Ministry of personnel and education (Party Committee Organization Department). To formulate rules and regulations on human resources management of conference organs and institutions; To undertake the personnel management of conference organs, institutions and relevant units; In accordance with the regulations, be responsible for the daily management of the leading bodies and leading cadres of relevant insurance institutions; To be responsible for guiding the Party's organizational construction in this system and the education management in party member; Responsible for the training and education of cadres in organs and systems; In conjunction with the relevant departments, put forward the evaluation opinions on the annual work performance of the dispatched institutions. (14) Supervision Bureau (Commission for Discipline Inspection). Supervise and inspect the implementation of national laws, regulations and policies in this system; Investigate and deal with violations of state laws, regulations and political discipline according to law; Accepting reports, complaints and appeals against the object of supervision. Lead the supervision (discipline inspection) of this system. (15) Propaganda Department of Party Committee (United Front Work Department of Party Committee). Responsible for the ideological construction and propaganda work of the party in this system; Responsible for ideological and political work and spiritual civilization construction; Responsible for guiding and coordinating the United front work, mass work and intellectual work of this system. Party committees of organs. Responsible for the party-mass work of conference organs and units directly under Beijing.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.