Abstract:n 2008, frequent disasters and accidents in China reveal that China’s insurance industry has big development potential and space. Letting hold both bank shares and insurance shares means that China’s mixed management era of financial industry has come. In the process of protecting the development of economy, science and technology, and cultural cause, insurance industry plays an important role. The personnel change of insurance supervision system pours new vigor into good and fast development of insurance industry. The setting up of insurance guarantee funds management companies provides new insurance for sustainable and healthy development of insurance industry.