“偿二代”下我国保险公司流动性风险相对评级差异化监管探索

A Research on the Differentiated Supervision of Classification Re-rating of Liquidity Risk of Chinese Insurance Companies under Insolvency Ⅱ

保险行业主要业务活动基本为现金交易,这使得保险公司需有资产快速变现以负担索赔需求的能力,即保持合理、安全的流动性水平。因流动性短缺进而造成保险公司偿付能力下降,因此,对于保险公司流动性风险的监管需要予以重视。本文在银保监会成立并出台《商业银行流动性风险管理办法》的新背景下,借鉴商业银行流动性风险差异化监管的思想,提出对我国保险业流动性风险监管进行相对评级(先分类再评级)的差异化监管方式,对流动性风险监管在“偿二代”中的作用机制进行改进,并分析其可行性与必要性,旨在偿二代二期建设工程中,为我国“偿二代”监管政策的进一步完善提供参考。

The main business activity of the insurance industry is basically cash transactions. This allows insurers to have the ability to quickly realize their assets to cover claims, that is, to maintain a reasonable and safe level of liquidity. In order to prevent liquidity risks and lead to liquidity shortages, the solvency of insurance companies will decline. Therefore, the supervision of insurance companies' liquidity risks needs to be paid attention to. Under the new background of the establishment of the Banking Insurance Regulatory Commission and the introduction of the "Measures for the Management of Liquidity Risks of Commercial Banks", this paper draws on the idea of commercial banks' liquidity risk differentiated supervision, and proposes a relative rating of China's insurance industry liquidity risk supervision (first classification and re-rating),differentiated supervision methods, improving the mechanism of liquidity risk supervision in “C-ROSS”, and analyzing its feasibility and necessity, providing a reference for further improvement on “C-ROSS”.