Contents Part 1 Overall Framework of China Risk Oriented Solvency System································1 Part 2 Regulations on the Solvency Management of Insurance Companies····················19 Part 3 Solvency Regulatory Standards (Ⅱ)·········································································29 Solvency Regulatory Standards No. 1: Available Capital·································31 Solvency Regulatory Standards No. 2: Minimum Capital Requirement················45 Solvency Regulatory Standards No. 3: Valuation of Liabilities of Life Insurance Contracts······················································································50 Solvency Regulatory Standards No. 4: Minimum Capital Requirement for Insurance Risk (for Non-Life Insurance Business) ·····································66 Solvency Regulatory Standards No. 5: Minimum Capital Requirement for Insurance Risk (for Life Insurance Business)············································89 Solvency Regulatory Standards No. 6: Minimum Capital Requirement for Insurance Risk (for Reinsurance Companies)············································96 Solvency Regulatory Standards No. 7: Look-Through Approach for Market Risk and Credit Risk············································································· 105 Solvency Regulatory Standards No. 8: Minimum Capital Requirement for Market Risk················································································· 114 Solvency Regulatory Standards No. 9: Minimum Capital Requirement for Credit Risk·························································································· 134 Solvency Regulatory Standards No. 10: Stress Test······································ 149 Solvency Regulatory Standards No. 11: Integrated Risk Rating (Classified Supervision)················································································ 178 Solvency Regulatory Standards No. 12: Solvency Aligned Risk Management Requirements and Assessment (SARMRA)············································ 185 Solvency Regulatory Standards No.13: Liquidity Risk·································· 213 Solvency Regulatory Standards No. 14: Capital Planning······························· 243 Solvency Regulatory Standards No. 15: Public Disclosure of Solvency Information················································································· 249 Solvency Regulatory Standards No. 16: Exchange of Solvency Information········· 255 Solvency Regulatory Standards No. 17: Credit Ratings of Insurance Companies·················································································· 258 Solvency Regulatory Standards No. 18: Solvency Report······························· 262 Solvency Regulatory Standards No. 19: Insurance Group······························· 283 Solvency Regulatory Standards No. 20: Lloyd's Insurance Company (China) Limited······················································································ 314 Part 4 Rules on Solvency Regulation Equivalence Assessment (Consultation Document)··················································································································319 Postscript··································································································································329