earticle

영어

In modern insurance, solvency has been received lots of high-profile attention as the core of supervision. Nevertheless, how to take more effective measures to deal with the solvency. Different countries have different policies. United States and Japan are suitable for the Risk Based Capital, but Korea and China are using the European Solvency system. Not only the insufficient of the solvency causes losses for the insurance company, but also will lead to fall through. Even it Will also carry financial risks across the financial markets. Therefore, now the fast-growing insurance, we always should be prepared to deal with risks. In 1960s, Korea economy had been rapidly developed. After the financial crisis, the growth of Economic slowed down. In order to ensure financial stability, The need for planning long-term development strategy of the competitiveness of the insurance. After China's WTO Accession, China's insurance faces the challenges of the global finance. How to improve the competitiveness of the insurance to adapt to the economic development and to ensure financial security is the practical issue facing us. Korea and China are both of Asian countries, so Korea and China have a geographical advantage. With many years of development, Bilateral trade is growing closely. In this issue of prevention of financial risks, Korea and China also have a common targets. This paper aims to compare the insurance company solvency system, deepen understanding of the legal system of Korea and China. For the legal system of the insurance of Korea and China, providing to be used as reference material.