What Is a Statutory Reserve?

The legal reserve is a symmetry of "arbitrary reserve". It refers to the reserves that insurance companies must withdraw according to the relevant national laws and regulations. The form of statutory reserve is generally divided into two types: unearned premium reserve and claims reserve. In addition, depending on the nature of the insurance business, additional liability reserves must be made to pay for the various compensations that are determined or expected to be compensated. The statutory reserves stipulated in the "Interim Regulations on the Administration of Insurance Enterprises" in China are unexpired liability reserves, life insurance reserves and total reserves. The amount of unexpired liability reserve is 50% of the current retention insurance premium, the amount of life insurance reserve is 50% of the current retention insurance premium, and the total reserve is the payment of various taxes and deductions for the year. All surplus after withdrawal. ^[1]

Statutory reserve

The legal reserve is a symmetry of "arbitrary reserve". It refers to the reserves that insurance companies must withdraw according to the relevant national laws and regulations. The form of statutory reserve is generally divided into two types: unearned premium reserve and claims reserve. In addition, depending on the nature of the insurance business, additional liability reserves must be made to pay for the various compensations that are determined or expected to be compensated. The statutory reserves stipulated in the "Interim Regulations on the Administration of Insurance Enterprises" in China are unexpired liability reserves, life insurance reserves and total reserves. The amount of unexpired liability reserve is 50% of the current retention insurance premium, the amount of life insurance reserve is 50% of the current retention insurance premium, and the total reserve is the payment of various taxes and deductions for the year All surplus after withdrawal. ^[1]

So-called

By establishing

Publication date	effective date	Large financial institution		Small and medium financial institutions		Stock index performance
		tweak to	Amplitude	tweak to	Amplitude	Shanghai stock index	Shen Chengzhi
2011-06-14	2011-06-20	21.50%	0.50%	18.00%	0.50%	-0.90%	-0.99%
2011-05-12	2011-05-18	21.00%	0.50%	17.50%	0.50%	0.95%	0.70%
2011-04-17	2011-04-21	20.50%	0.50%	17.00%	0.50%	0.22%	0.27%
2011-03-18	2011-03-25	20.00%	0.50%	16.50%	0.50%	0.08%	-0.62%
2011-02-18	2011-02-24	19.50%	0.50%	16.00%	0.50%	1.12%	2.06%
2011-01-14	2011-01-20	19.00%	0.50%	15.50%	0.50%	-3.03%	-4.55%
2010-12-10	2010-12-20	18.50%	0.50%	15.00%	0.50%	2.88%	3.57%
2010-11-19	2010-11-29	18.00%	0.50%	14.50%	0.50%	-0.15%	0.06%
2010-11-09	2010-11-16	17.50%	0.50%	14.00%	0.50%	1.04%	-0.15%
2010-05-02	2010-05-10	17.00%	0.50%	13.50%	0.00%	-1.23%	-1.81%
2010-02-12	2010-02-25	16.50%	0.50%	13.50%	0.00%	-0.49%	-0.74%
2010-01-12	2010-01-18	16.00%	0.50%	13.50%	0.00%	-3.09%	-2.73%
2008-12-22	2008-12-25	15.50%	-0.50%	13.50%	-0.50%	-4.55%	-4.69%
2008-11-26	2008-12-05	16.00%	-1.00%	14.00%	-2.00%	1.05%	4.04%
2008-10-08	2008-10-15	17.00%	-0.50%	16.00%	-0.50%	-0.84%	-2.40%
2008-09-15	2008-09-25	17.50%	0.00%	16.50%	-1.00%	-4.47%	-0.89%
2008-06-07	2008-06-25	17.50%	1.00%	17.50%	1.00%	-7.73%	-8.25%