Study On Insurance Industrial Organization Of China

There are multi-points of views on the research of insurance industry. Aimed at discriniinating from macro and micro points of view, the research on the development of insurance industry of China in particular financial environment is conducted in order to explore the effective way in settling the questions in the progress of insurance industry, from the point of view of industrial organization.Among a good many economic factors affecting insurance industry, the tendency of financial mixed operation plays an important role that needs paying close attention. On the one hand, financial mixed operation is a practical and international financial issue; on the other hand, its feasibility, inevitability and the gradual tendency may exert fundamental effect on the development of insurance industry. It represents itself as followed: the insurance industrial organization may transit into a higher-level and more orderly state motivated by the self-organization behavior of insurance corporation forced by the adaptability evolutionary mechanism; during the process of transition, network organization may be considered as an effective pattern, with the goal of harmonious and effective competition state.The analysis of market structure, self-organization behavior and market performance give a profile of insurance industrial organization of China comprehensively and systematically with the results of (i) the supply and demand of insurance market representing the duality characteristics, together with the market structure of 'the oligarch monopolizing at different levels' is the result of multi-factors; (ii) the self-organization behaviors of insurance corporation take two characteristics of network-organization and financial commensal, which may benefit to the adjustment of insurance industrial organization; (iii) the market performance shows a low level as a whole and the relationship between market structure and market performance does not coincide with the classical collusive hypothesis and efficiency-structure hypothesis.Thus, a series of conflicts between the development state of insurance industrial organization and transition goal is outlined. The key measure taken to resolve these problems is to adjust the industrial organizational policy for the moment and guide insurance industrial organization to effective competition and harmonious development.