At present，China has established supervision legal system of anti-money laundering related to insurance industry on the basis of The Anti Money Laundering Law，regulations of The People’s Bank of China（PBC）and China Insurance Regulatory Commission（CIRC）as the mainstay，and complementing the implementation of regulations and standard of operation. Due to the earlier set of The Anti Money Laundering Law and regulations，they are more “compliance based” rather than “risk based”. The present legislation is difficult to satisfy the changing of the supervision idea from “compliance based” to “risk based”. The anti-money laundering legislation related to insurance industry need to adapt the changing of the supervision idea. This article research deeply into the anti- money laundering legislation related to insurance industry in foreign developed countries（districts）and FATF and IAIS’ suggestions and requests about anti- money laundering related to insurance industry，combining the reality of anti-money laundering related to China’s insurance industry，putting forward policy suggestions on how to improve the anti-money laundering legislation related to insurance industry in China.