Life Insurance Company Internal Control Construction and Supervision

Author: Chen Wenhui
Publisher:
Publish Date: 2005-11-01
Features: This book consists of eleven chapters. It begins by analyzing the development and evolution of internal controls both domestically and internationally. It is grounded in the analysis of eight key elements of internal control construction in China's life insurance companies, including "control environment, risk assessment, financial accounting control activities, business control activities, fund control activities, information technology control activities, information and communication, and internal supervision." Based on empirical research, it identifies existing problems in the internal control construction of life insurance companies and proposes measures to improve their internal controls. Finally, from the perspective of regulators, it outlines a general approach to strengthening the supervision of internal controls in life insurance companies.