Abstract: Risks are inherent in any sporting event and cannot be completely avoided or eliminated. Event regulation can only prevent and control additional risks, but cannot block the inherent risks. Sports event insurance, with its dual functions of risk prevention and loss relief, can be a powerful supplement to event regulation. Unfortunately, sports event insurance in China has long been limited by competitive events and obscured by the sponsorship model, and has not been able to develop in a healthy way, with very limited protection. The Sports Law of the People's Republic of China (2022 Revision) added for the first time an article about sports event insurance, providing a legal basis for the reconstruction of the system of sports event insurance. However, the provisions cannot cover the many contents of sports event insurance. As far as reconstruction is concerned, in terms of the scope of meaning, sports event insurance should be differentiated from the individual-based sports personal insurance, upholding the event organizer-centrism, and the specific scope includes event accident injury insurance, sports facilities insurance, cancellation insurance and public liability insurance; in terms of the rules and clauses, the product name, nature of the insurance, and the policy agreement of the different types of insurance shall be clarified.

Key words: sports law, sports event insurance, inherent risk, events accident injury insurance, events cancellation insurance, public liability insurance