Reflective topcoat and thermal insulation mid-coat composite coatings system was used in this work. The effect of the content of the hollow glass micro-beads and rutile titanium dioxide on the heat insulation performance and the reflectivity of the coatings were investigated, respectively. The heat insulation performance and the reflectivity of the thermal insulation reflective composite coatings (TIRCCs) were characterized by self-prepared experimental device. The results showed the good heat insulation property, and the insulated temperature reached 12-15°C, and the reflectivity was up to 95%. The anti-corrosion and anti-penetration of the TIRCCs were studied by electrochemical impedance spectroscopy (EIS) technique. The results showed that the resistance of the TIRCCs still be maintained at 108Ω·cm2 after 30 days in the 3.5% aqueous solution of sodium chloride. So The TIRCCs can be used on the surface of the steal structure for decreasing the temperature and enhancing anti-corrosion properties.