Insurance regulations supervision

Author: Fang Yongbin
Publisher:
Publish Date: 2004-02-01
Features: Adhering to the guiding principle of linking theory with practice, the logical sequence of legal principles, fundamental laws, insurance regulations, and insurance supervision is throughout the writing process of this book. The book "Insurance Regulations and Supervision" introduces fundamental legal theories, such as basic legal theories; it covers China's fundamental laws, such as civil law, contract law, administrative law, civil litigation, criminal litigation, and arbitration; it explains China's insurance-related laws and regulations, such as insurance contracts, insurance legal liability, and insurance dispute resolution; and it details China's specific insurance supervision systems, including regulations on business scope, capital utilization, market entry and exit, solvency, and other aspects. Insurance regulations and laws are an important part of China's legal system and should align with the country's overall legal framework, adhering to the principle of legal supremacy. Legal supremacy is proposed in response to legal norms formulated by administrative authorities. With the rapid development of administrative legislation in various countries, the shift from single-level legislation to multi-tiered legislation necessitates ensuring the primacy of laws. All norms stipulated by national authorities, particularly those formulated by administrative bodies, must align with laws to uphold the supremacy of the people's will and maintain the unity of national legal systems. From another perspective, legal supremacy also means that lower-level regulations must be consistent with higher-level regulations, ensuring alignment at each level to guarantee the implementation of the principle of legal supremacy. The formulation and revision of insurance regulations must also follow this principle. The book "Insurance Regulations and Supervision" elaborates on China's insurance regulations while also considering the external legal environment faced by China's insurance legal system. It provides detailed introductions to China's civil law, commercial law, contract law, company law, administrative law, civil litigation, criminal litigation, and administrative reconsideration laws. Additionally, it explains the legislative, law enforcement, and judicial processes from the perspective of legal implementation, consistently upholding the principle of legal supremacy.

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