China Insurance Industry Association compiles and publishes "Research on Hot Legal and Compliance Issues in the Insurance Industry"

On the first year of the 14th Five-Year Plan, against the backdrop of comprehensively advancing the rule of law and deepening financial supply-side structural reforms, the China Insurance Industry Association has compiled the “Research on Hot Topics in Insurance Legal Compliance.” The publication of this book is not only a concrete practice of implementing the overall requirements to strengthen the rule of law in China and promote comprehensive law-based governance but also an important measure to carry out the spirit of the Central Financial Work Conference, promote the spirit of the Constitution, and improve the quality and efficiency of compliance governance in the insurance industry.

Currently, China’s insurance industry is at a critical stage of transitioning from scale-driven to quality-driven development. Digitalization and ecological transformation bring new opportunities for industry growth, but also pose challenges such as product homogenization, increased risk complexity, and more legal and practical difficulties. The industry’s demand for professional legal compliance guidance that combines theory and practice is growing increasingly urgent. In this context, the China Insurance Industry Association has gathered industry experts’ wisdom, closely aligned with regulatory policy trends and industry development realities, to systematically analyze and research key and difficult issues in insurance legal compliance, successfully completing the compilation of this book.

As a professional work in the field of insurance legal compliance, this book centers on the construction of rule-of-law compliance, establishing a logically clear and progressively layered system of theoretical analysis and practical response. The entire book focuses on five core dimensions: institutional coordination, risk mitigation, organizational governance, responsibility delineation, and system optimization. It integrates twelve cutting-edge research results from the industry, precisely addressing industry pain points and difficulties. Regarding the application of basic laws, it provides an in-depth interpretation of the impact of judicial interpretations of the Civil Code of the People’s Republic of China on insurance contracts, clearly analyzing the theoretical and practical boundaries of the beneficiary system in property insurance contracts. On risk prevention and control, it thoroughly analyzes governance challenges related to illegal “agent surrendering policies” and other black and gray industries, proposing targeted integrated prevention strategies. In terms of organizational compliance, it closely responds to the revision of the Company Law of the People’s Republic of China and the latest financial regulatory rules, systematically presenting industry compliance challenges from multiple dimensions, and distilling practical response paths to provide professional references for industry practice.

The publication of “Research on Hot Topics in Insurance Legal Compliance” is an important embodiment of the China Insurance Industry Association’s efforts to implement relevant conference spirits. It adheres to a people-centered development philosophy and is a practical action to deepen the rule of law in governance. It is also a key measure to fulfill the service functions for members and promote the deepening and solidification of legal and compliance governance in the industry. The release of this book will effectively help insurance institutions embed compliance requirements throughout their entire business processes, continuously enhance overall compliance capabilities; it will also provide valuable references for insurance regulation and judicial work, and open new perspectives for academic research in the industry. This initiative will further guide the entire industry to establish correct operational, performance, and risk concepts, making compliance the fundamental color of high-quality development in the insurance sector. It holds significant importance for promoting lawful and compliant operation and deepening financial supply-side structural reforms.