The Business Development And Risk Management Of The Vehicle Insurance In China

Along with the development of economy and society ? vehicle insurance has become a main sort of insurance products. Vehicle insurance premium income share 60% or above of the total insurance premium income of property insurance company. As is known to all, insurance company's products are at risk , on the other hand, insurance company faces many risks itself during the operational process. So risk management is an extremely important task for insurance companies. The success or failure of risk management of vehicle insurance not only affect the existing of its own developing, but also the stability of whole society.The thesis begins from detailed introduction and development trend of vehicle insurance risk. Then put forward the necessity of vehicle insurance business development. After studying the formation theory of the insurance company risk , the thesis details the internal risk factors and external risk factors. The internal risk factors can be controlled by the insurancecompanies. It can be subdivided into operation risk, management risk and financial risk. External factors of risk can be subdivided into man, vehicle and environment.The thesis expatiates the theory of and the strategy of risk control from the angle of the microscopic view. Then realize the goal of risk management is lower loss ratio. Chapter Three illustrates vehicle insurance risk control, which can be divided into two sections. The first section introduces internal risk factors control, based on the cause of risk and discusses the methods of risk control. Section Two is external risk factors control. External risk control is to charge different fees to match different risk degrees.Finally from the suggestion that the angle of the macroscopic view, Chapter Four puts forward a few suggestions to perfect vehicle insurance management of our country. Owing to vehicle insurance occupies the prominent unit in the property insurance, we must perfect our country's vehicle insurance management. This thesis discusses some opinion about it: reforming vehicle insurance system quickly, carrying the " profession, systemize, standardize" management of the car insurance, strengthening the insurance industry supervision and enhancing exterior environment's development to provide a good environment for vehicle insurance.