As of August 10, 147 insurance companies have disclosed the solvency report of the second quarter. According to the statistics of the reporter of Securities Daily, the comprehensive solvency adequacy ratio of 80 insurance enterprises in the second quarter decreased month on month, accounting for 54%; The solvency of 12 enterprises was not up to standard. Although the comprehensive solvency adequacy ratio of more than half of the insurance enterprises declined, the number of insurance enterprises whose comprehensive solvency adequacy ratio declined month on month in the second quarter has narrowed compared with that in the first quarter (about 66% of the insurance enterprises in the first quarter declined month on month). In the view of the insiders, the decline in the comprehensive solvency adequacy ratio of many insurance enterprises in the second quarter is related to the second phase of the second generation of compensation project implemented this year. This rule more accurately reflects the risk essence of insurance companies and puts forward higher requirements for the solvency of insurance enterprises. The main reason for the decline in the solvency of insurance enterprises since the implementation of phase II of the second generation of compensation project is the overall solvency of insurance enterprises in the second quarter, which is assessed according to the latest comprehensive risk rating (i.e. the comprehensive risk rating in the first quarter) and other indicators. According to the regulatory provisions, an insurance enterprise must meet three conditions at the same time before it can be considered as meeting the solvency standard: first, the comprehensive solvency adequacy rate is not less than 100%; Second, the core solvency adequacy ratio shall not be less than 50%; Third, the comprehensive risk rating is class B or above. According to the regulatory requirements, in the second quarter, the comprehensive solvency adequacy ratio, core solvency adequacy ratio and comprehensive risk rating of one property insurance company failed to meet the standards. In addition, the comprehensive and core solvency adequacy ratios of 11 insurance companies are up to standard, but the comprehensive risk rating is not up to standard. Accordingly, in the second quarter, a total of 12 insurance enterprises failed to meet the solvency standards. Specifically, there are 6 category C property insurance companies, including Bohai property insurance, Fude property insurance, Hua'an insurance, Qianhai property insurance, sunshine credit insurance and Everest insurance. Category D property insurance companies are Anxin property insurance and DuPont property insurance; There were 4 class C life insurance companies, including Centennial life, Bohai life, Hezhong life and Three Gorges life; There is no class D life insurance company. The reasons for not meeting the solvency standards are different. Among them, Bohai property insurance said that the company was rated as class C for two consecutive quarters, mainly because the solvency adequacy ratio was at a low level. Fude property insurance said that the comprehensive risk rating in the first quarter was class C because the latest corporate governance regulatory assessment rating was class E. Hua'an insurance said that the main reason why the comprehensive risk rating in the first quarter was class C was the low score of operational risk related indicators. Sanxia life said that the main risks facing the company at present are that the solvency is still under pressure, and the company's strategy, operation and management are subject to certain restrictions; The rectification requirements proposed in sarmra's on-site assessment opinions are still being implemented, and the rectification effect has not been fully realized. In addition to the substandard insurance enterprises, the comprehensive and core solvency adequacy ratio of many insurance enterprises still declined month on month in the second quarter. From the perspective of the month on month growth of the comprehensive solvency adequacy ratio, which is more concerned by insurance companies, among the 61 life insurance companies, 1 was flat, 36 were down, and 24 were up; Among the 76 property insurance companies, 1 was flat, 38 declined and 27 increased; Among the 10 reinsurance companies, 6 fell and 4 rose. In response, the chief actuary of an insurance company told the Securities Daily that the main reason for the decline in solvency of insurance companies in the first and second quarters of this year was to compensate the second generation