Yuan Li

Doctor of Economics

Date of birth: 1962

My present position

Assistant President of the China Insurance Regulatory Commission

Beijing University of International Business and Economics as an adjunct professor in the insurance department

Education background and academic experience

Personal Introduction

In recent years, Professor Yuan Li has been mainly engaged in the study of the development and Reform Strategies, laws and regulations and regulatory policies of our insurance industry, to organize and carry out special studies on the 11th five-year plan and the 11th five-year plan of China's insurance industry; To participate in the study and formulation of plans for the shareholding reform of the three state-owned insurance companies, including PICC; to participate in the formulation of new plans for the China Insurance Regulatory Commission of the “Three stipulations”; and to organize and draft relevant important meeting documents of the CIRC. Professor Yuan Li has written a series of research reports, academic papers, monographs and translations.

Professor Yuan Li devotes himself to studying the major issues in the development of the Chinese insurance industry, the insurance supervision of our country should give prominence to a guide, grasp a key point and construct a four-in-one supervisory train of thought, that is to say, insurance companies should be guided from the blind pursuit of scale to the benefit-centered business track by means of supervision. The focus of insurance supervision should be shifted from compliance supervision to solvency supervision, to construct a four-in-one supervision system, which is based on the state macro-supervision, supported by the industry self-discipline, based on the internal control of enterprises and supplemented by social supervision; Improving the level of supervision over solvency; unifying the standards for drawing reserve funds for property insurance and strengthening the supervision over the distribution arrangements for property reinsurance; and placing supervision over the use of funds on an equal footing with the supervision over insurance operations, after setting up asset management company, insurance company should strengthen asset-liability matching management, Perfect Insurance Guarantee Fund system, build up security barrier to prevent insurance industry system risk We should speed up the construction of our country's insurance market system, increase the main body of insurance market management, explore various organizational forms of insurance management, cultivate our country's reinsurance market and establish China's reinsurance trading center.