“三驾马车”和“三支柱”监管——美国保险业监管模式的实践与启示  

The ‘Troika' and ‘Three Pillars' of Regulation:the Practice and Inspiration of the U.S.Insurance Industry Regulatory Model

作　　者：熊鹭[1] 蔡昊桓 邢宇 余厚之 Xiong Lu;Cai Haohuan;Xing Yu;Yu Houzhi(Financial Research Institute of the People's Bank of China,Beijing 100033,China;PBC School of Finance,Tsinghua University,Beijing 100083,China;School of Management,Beijing Institute of Technology,Beijing 100081,China)

机构地区：[1]中国人民银行金融研究所,北京100033 [2]清华大学五道口金融学院,北京100083 [3]北京理工大学管理学院,北京100081

出　　处：《金融发展研究》2024年第9期37-42,共6页Journal Of Financial Development Research

基　　金：国家社科基金重大项目“新发展格局下金融结构优化与高质量技术创新研究”(21&ZD112)。

摘　　要：美国保险业监管框架特点鲜明,其职能分工呈现各州、联邦政府、美国保险监督官协会“三驾马车”并行的特征。具体到保险监管操作上,美国保险业监管以公司治理、偿付能力和市场行为监管“三支柱”统筹协调保险业市场。美国各州的保险业监管规则差异较大,联邦与州的监管之间存在持续博弈,同时也展现出明显关注企业行为的趋势。对美国保险业监管现状展开分析研究,对我国保险业监管进一步增强统筹协调、开展多层协同、丰富监管层次具有借鉴意义。The regulatory framework of the insurance industry in the United States is distinctive,with its division of functions featuring a ‘troika'of states,the federal government and the National Association of Insurance Commissioners(NAIC).Specifically on the operation of insurance regulation,the United States insurance industry regulation coordinates the insurance market with the ‘three pillars'of corporate governance,solvency and market conduct regulation.The regulatory rules of the insurance industry in the United States vary greatly from state to state,and there is a continuous game between federal and state regulation,while also showing a clear trend of focusing on the behaviour of enterprises.Analysing and studying the current situation of insurance regulation in the United States is of great significance for China's insurance regulation to further enhance coordination,carry out multi-layer synergies,and enrich the regulatory hierarchy.

关 键 词：保险业监管 美国监管模式 国际比较 

分 类 号：F841.0[经济管理—保险]