The 107th article the relational society public benefit's safe danger plants, implements the
compulsory insurance the danger to plant and the new development life insurance danger legally plants
and so on insurance clause and the premium rate, must report the insurance supervisory agency
examination. When insurance supervisory agency examination, follows the protection society public
benefit and prevents the unfair competition the principle. Examination scope and specific measure, by
insurance supervisory agency formulation. Other insurance danger plants the insurance clause and the
premium rate, must report the insurance supervisory agency to set up a file.
The 108th article the insurance supervisory agency must establish the perfect Insurance company to
reimburse ability supervision indicator system, reimburses ability implementation monitoring lowly to
the Insurance company.
The 109th article the insurance supervisory agency is authorized to inspect Insurance company's
service condition, the financial situation and the utilization of capital condition, is authorized to
request the Insurance company to provide the related written report and the material in the
stipulation deadline. The Insurance company accepts the control inspection legally. The insurance
supervisory agency is authorized to inquire the Insurance company in the financial organ deposit.
The 110th article the Insurance company has not deferred to this law to stipulate that the extraction
or carries each reserve fund, either has not deferred to this law to stipulate handles the
reinsurance, either flagrant violation this law about utilization of capital's stipulation, orders
this Insurance company by the insurance supervisory agency to take the following measure to correct
by a set time:
(one) withdraws or carries each reserve fund legally;
(two) handles the reinsurance legally;
(three) corrects the illegal utilization fund the behavior;
(four) adjusts the person in charge and the related administrative personnels.
The 111th article before the strip stipulation, after the insurance supervisory agency makes the
decision which by a set time corrects, the Insurance company in does not correct by a set time, by
the insurance supervisory agency decided that details the insurance specialists and assigns this
Insurance company's concerned personnel, forms the reorganization organization, carries on the
reorganization to this Insurance company. The reorganization decided that must stipulate is
reorganized Insurance company's name, the reorganization reason, the reorganization to organize and
to reorganize the deadline, and announced.
The 112th article the reorganization organization in the reorganization process, is authorized to
supervise this Insurance company's day-to-day business. This Insurance company's people in charge and
the related administrative personnels, must exercise their authority under the reorganization
organization's surveillance.
The 113th article in the reorganization process, Insurance company's original service continues
to carry on, but the insurance supervisory agency is authorized to stop developing the new service or
the stop partial services, adjustment utilization of capital.
The 114th article the Insurance company which reorganizes after the reorganization was corrected it
to violate this law stipulation the behavior, restores normal state of operation , proposes the
report by the reorganization organization, by the insurance supervisory agency authorization, the
reorganization finished.
The 115th article the Insurance company violates this law to stipulate that the harm society
public interest, possible to endanger or already to endanger the Insurance company seriously to
reimburse ability, the insurance supervisory agency might implement the control to this Insurance
company.
The control goal is to the Insurance company which takes over control is adopted the unnecessary
measure, protects insured's benefit, resumes Insurance company's normal management. Insurance
company's creditor's rights debt relations which takes over control because of are not taken over
control change.
The 116th article the control organization's composition and the control implementation means that
decided by the insurance supervisory agency that and gives the announcement.
The 117th article the control deadline expires, the insurance supervisory agency may decide the
extension, but the control deadline is longest do not surpass for two years.
The 118th article the control deadline expires, the Insurance company which takes over control was
restored the normal business capacity, the insurance supervisory agency may decide that the control
terminates.
The control organization thought that Insurance company's property which takes over control has
been insufficient to pay off negative debt, by the insurance supervisory agency authorization, to the
People's court application announced legally this Insurance company goes bankrupt.
The 119th article the Insurance company must in each fiscal year finally latter three months, on one
year's business report, the financial accounting report and the related report form sending insurance
supervisory agency, and will announce legally.
The 120th article the Insurance company must before each month end of the month on January's
business statistical returns sending insurance supervisory agency.
The 121th article the Insurance company must hire after the insurance supervisory agency approval
calculation specialists, establishes the calculation reporting system.
The 122th article Insurance company's business report, the financial accounting report, the
calculation report and other related report forms, the document and the material must truthfully the
record insurance business item, do not have the false record, the misleading statement and the
significant omission.
The 123th article the insurer and the insured may invite the independence appraisal organization
which sets up legally or have the legal qualification expert, carries on the appraisal and the
appraisal to the insurance risk.
Is hired legally to the insurance risk carries on the appraisal and the appraisal appraisal
organization and the expert, must carry out the service fairly legally. Because intentionally or the
error creates the harm for the insurer or the insured, undertakes the liability of compensation
legally.
Is hired legally to the insurance risk carries on the appraisal and the appraisal appraisal
organization receive fees, must defer to legal, the administrative rules and regulations stipulation
to handle.
The 124th article the Insurance company must take care of related account executive properly the
complete book, the underlying document and the pertinent data.
The down payment stipulation's book, the underlying document and pertinent data's storage
deadline, date of computation from the insurance contract termination, do not be short in ten years.
