(Issued by the China Insurance Regulatory Commission on November 15 2007.)
Bao Jian Fa [2007] No.112
Insurance companies:
With the rapid development of the insurance market in China, the task of guarding against risks has become increasingly onerous. As the principal means of guarding against risks and spreading risks, the function of reinsurance has increasingly come to the fore. However, the reinsurance market itself poses certain risks, and, in particular, factors such as the solvency, financial position and profitability of a reinsurer have a material impact on the stable operations and healthy development of a cedent. With a view to thoroughly implementing the spirit of the 2007 National Insurance Conference, strengthening the establishment by the insurance industry of mechanisms for guarding against risks, improving the insurance industry's capacity to counter risks and promoting the rapid and healthy development of the insurance market, we hereby notify you concerning relevant issues as follows:
(中国保险业监督管理委员会于二零零七年十一月十五日发布。)
保监发 [2007] 112号
各保险公司：
随着我国保险市场的快速发展，风险防范任务日益艰巨。作为风险防范和风险分散的主渠道，再保险的功能作用日益突出。然而，再保险市场本身也存在一定风险，特别是再保险接受人的偿付能力、财务状况、盈利能力等因素，对分出公司的稳定经营和健康发展影响重大。为贯彻落实2007年全国保险工作会议精神，加强保险业风险防范机制建设，提高保险业抗风险能力，促进保险市场又快又好发展，现就有关问题通知如下：
1. A reinsurance cedent shall establish a sound risk management mechanism and strengthen its management of the risks involved in reinsurance business.
一、再保险分出公司应建立完善的风险管理机制，强化对再保险业务的风险管理。
(1) A cedent shall improve its risk assessment system and risk control mechanism, review its reinsurance plan each year, establish objective reinsurance business assessment standards, examine its risk position, including its reinsurance risks, periodically assess its risks, and establish a mechanism for the identification, assessment and monitoring of risks.
（一）分出公司应健全风险评估体系和风险控制机制，每年审核公司的再保险计划，建立科学的再保险业务评价标准，对包括再保险风险在内的风险状况进行检查并定期进行风险评估，建立识别、评估和监控风险的机制。
(2) A cedent shall formulate clear policies and procedures based on its reinsurance strategy, prudently select reinsurers, formulate reinsurance plans in an objective manner, asses the safety of its reinsurance business and periodically review each of its reinsurance contracts.
（二）分出公司应按照公司的再保险战略制定清晰的政策和程序，审慎选择再保险接受人，科学制订再保险方案，评估再保险业务的安全性，并定期审核每一份合约再保险合同。