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Monographie Kein Zugriff

China's Insurance Regulatory and Supervisory Regime

Analysis and Advice Based on the Comparison with EU's Solvency II System
Autor:innen:
Verlag:
 25.09.2019

Zusammenfassung

Das Buch beschäftigt sich eingehend mit den wesentlichen Aspekten des chinesischen Versicherungsaufsichtssystems, einschließlich der Festlegung von Regeln, der aufsichtsrechtlichen Ziele, des aufsichtsrechtlichen Überprüfungsprozesses, der Aufsichtsmaßnahmen, der aufsichtsrechtlichen Transparenz und der öffentlichen Konsultation.

Das Ziel der Arbeit besteht darin, die Schwachstellen zu identifizieren, die dem chinesischen Versicherungsaufsichtsmodell und den Aufsichtsmechanismen innewohnen, und nach geeigneten Wegen zur Behebung dieser Schwachstellen zu suchen. Die Analyse erfolgt durch einen Vergleich mit den regulatorischen und aufsichtsrechtlichen Ansätzen im Rahmen der EU-Richtlinie Solvabilität II, die als Anhaltspunkt dienen, um die Ermittlung der vorgenannten Schwachstellen und der entsprechenden Resolutionen zu erleichtern.

Dr. Wenyu Qian, LL.M., ist spezialisiert auf Versicherungs- und Bankrecht. Seit Jahren forscht er an den Universitäten in Frankfurt und Shanghai im Bereich des Finanzrechts. Sein aktuelles Forschungsinteresse gilt der Versicherungsregulierung.


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Bibliographische Angaben

Copyrightjahr
2019
Erscheinungsdatum
25.09.2019
ISBN-Print
978-3-8487-6281-1
ISBN-Online
978-3-7489-0390-1
Verlag
Nomos, Baden-Baden
Reihe
Versicherungswissenschaftliche Studien
Band
51
Sprache
Englisch
Seiten
244
Produkttyp
Monographie

Inhaltsverzeichnis

KapitelSeiten
  1. Titelei/Inhaltsverzeichnis Kein Zugriff Seiten 1 - 18
    1. A. Problems Facing China’s Insurance Sector Kein Zugriff
      1. I. General Description Kein Zugriff
      2. II. Focus Laid on Supervisory Practices Instead of Regulatory Requirements Kein Zugriff
      1. I. Reasons for Selecting EU’s Model as Benchmark Kein Zugriff
      2. II. Particularity of Facts about EU’s Insurance Supervision Kein Zugriff
      3. III. Criteria for Adoption Kein Zugriff
    2. D. Organization of Dissertation Kein Zugriff
    1. A. Insurance Legislation of NPCC Kein Zugriff
    2. B. Regulatory Role of State Council Kein Zugriff
        1. 1. Overview of Supervisory Responsibilities Kein Zugriff
        2. 2. International Relations Kein Zugriff
        1. 1. Department Rules Kein Zugriff
        2. 2. Normative Documents Kein Zugriff
    3. D. Chapter Conclusions Kein Zugriff
    1. A. Basic Facts about EU’s Insurance Legislation Kein Zugriff
      1. I. The Framework Act: Insufficiency of Principles Kein Zugriff
      2. II. Unavailability of External Check and Control Kein Zugriff
      3. III. Shortcomings of Normative Documents Kein Zugriff
        1. 1. The Flip Side of Adopting Lamfalussy Approach Kein Zugriff
        2. 2. Conclusions Kein Zugriff
          1. a) Proposal to Establishing External Reviewing Entity and Mechanism Kein Zugriff
          2. b) Relative Merits of the Option Kein Zugriff
          1. a) Reasons for Drawing on EU’s Experience Kein Zugriff
          2. b) Set-up of Impact Assessment System Kein Zugriff
        1. 3. Consolidating Normative Documents Kein Zugriff
    2. D. Chapter Conclusions Kein Zugriff
    1. A. Introduction Kein Zugriff
    2. B. Relationship between Government and Insurance Sector Kein Zugriff
    3. C. Grounds for Prioritizing Supervisory Objectives Kein Zugriff
      1. I. Rationale and Means of Insurance Supervision Kein Zugriff
        1. 1. General Discussion Kein Zugriff
        2. 2. Does Market Competition Help? Kein Zugriff
        3. 3. Business Growth and Insurer Solvency Conditions Kein Zugriff
        4. 4. Beneficial Mainly on Macroeconomic Level Kein Zugriff
        5. 5. Conclusions Kein Zugriff
      1. I. Reflections on Size and Financial Stability Kein Zugriff
        1. 1. An Assessment of Systemic Relevance and Interconnectedness Kein Zugriff
          1. a) Shareholding in Financial Institutions Kein Zugriff
          2. b) short-term credit exposures Kein Zugriff
          3. c) Fire Sale Kein Zugriff
          4. d) Credit and Guaranty Insurance Kein Zugriff
          5. e) Reinsurance Concentration Kein Zugriff
      2. III. Conclusions Kein Zugriff
    4. F. Chapter Conclusions Kein Zugriff
      1. I. The Anatomy of the Supervisory Assessment Stage Kein Zugriff
      2. II. Further Distinctions Kein Zugriff
        1. 1. Types of Supervisory Measures Kein Zugriff
        2. 2. The Mechanism of Supervisory Intervention in China Kein Zugriff
        3. 3. Similarities and Dissimilarities of the Supervisory Measures between the EU and China Kein Zugriff
      3. IV. Conclusions Kein Zugriff
      1. I. Incorporation of Detailed Review Stage and Supervisory Plan: Advantages and Adaptations Kein Zugriff
          1. a) From the Standpoint of Policyholders and Beneficiaries Kein Zugriff
          2. b) From the Standpoint of Other Entities Exposed to Insurer Failure Kein Zugriff
        1. 2. Role of Impact Classification After Adoption Kein Zugriff
          1. a) On the Aspect of Definition Kein Zugriff
          2. b) On the Aspect of Basic Calculation Principles Kein Zugriff
          1. a) The Downsides of Intervention during Rectification Kein Zugriff
          2. b) Dual Supervisory Approach to Capital Inadequacy Kein Zugriff
            1. aa) Essential Elements of the Recovery Period under Solvency II Kein Zugriff
            2. bb) Weaknesses of Existing Rectification Arrangement Kein Zugriff
            3. cc) Reshaping Rectification Process in Alignment with Solvency II Recovery Mechanism Kein Zugriff
          1. a) The Considerations Factored in Determining Supervisory Measures Kein Zugriff
          2. b) Flaws in Formation of Supervisory Measures and Root Causes Kein Zugriff
          3. c) Generalization about Amelioration of CIRC’s Supervisory Intervention Kein Zugriff
    1. C. Chapter Conclusions Kein Zugriff
        1. 1. Accessibility and Clarity of CIRC’s Supervisory Rules Kein Zugriff
        2. 2. Deficit in Rationale behind Requirements Kein Zugriff
        1. 1. Obscurities in Internal Organization and Procedures Kein Zugriff
          1. a) Availability of Information about Supervisory Activities Kein Zugriff
            1. aa) Procedures of Consultations Kein Zugriff
            2. bb) Unrevealed Consultation Practices and Results Kein Zugriff
        1. 1. On the Aspect of Supervised Entities Kein Zugriff
        2. 2. On the Aspect of Supervisory Authority Kein Zugriff
          1. a) Causality between Consultation and Rationale Clarity Kein Zugriff
          2. b) Consultative Procedures and Mechanisms Providing Justification for Rules Kein Zugriff
          1. a) Benefits of EIOPA’s Advisory and Expository Publications Kein Zugriff
          2. b) Comparison and advice Kein Zugriff
          1. a) Rules of Procedure for Critical Entities and Arrangements Kein Zugriff
            1. aa) Organizational and Procedural Details Kein Zugriff
            2. bb) Organizational Chart Kein Zugriff
            3. cc) Assembling Rules of Procedure Kein Zugriff
          1. a) General Approach Kein Zugriff
          2. b) Special Treatment of Supervisory Activities Occurring in the Long Run Kein Zugriff
        1. 1. Statistics for Insurance Groups Kein Zugriff
        2. 2. Data on Insurer Solvency Kein Zugriff
        3. 3. Disclosures about Off-site Supervisory Activities Kein Zugriff
    1. C. Chapter Conclusions Kein Zugriff
    1. A. Rule-making Legitimacy Kein Zugriff
    2. B. Rule-making Systematicness Kein Zugriff
    3. C. Supervisory Priority Kein Zugriff
    4. D. Supervisory Specificity Kein Zugriff
    5. E. Intervention Intensity Kein Zugriff
    6. F. Supervisory Transparency Kein Zugriff
  2. Bibliography Kein Zugriff Seiten 227 - 238
  3. Table of Legislation Kein Zugriff Seiten 239 - 242
  4. Index Kein Zugriff Seiten 243 - 244

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