A Research On Internal Risk Control Of Auto Insurance Management

As China's rapid economic development, a substantial increase in number of motor vehicles, auto insurance becomes an important pillar of property insurance companies. Since 2003, auto insurance premium income ratio of total property insurance premium has been maintained at above 60%, Operating conditions of auto insurance property direct impact on business profits of property insurance companies. But in recent years, the domestic auto insurance business in the high loss ratio has been losing money, the profit contribution of insurance companies and their premiums do not match the scale of most. Therefore, how to strengthen the auto insurance's internal risk control, improve underwriting quality, reduce the loss ratio, thereby enhancing the auto insurance underwriting profit and become the focus of the insurance companies.This paper based on the auto insurance underwriting, claims, financial aspects of internal risk analysis to work out measures for internal control of auto insurance. This paper is divided into four parts. The first part is an introduction, describes the background and significance, literature review, research ideas and methods.The second part is the status of auto insurance market, first introduced the relevant overview of auto insurance, including the development of domestic and brief history of auto insurance, auto insurance features and functions; then analyzes the auto insurance market in China status quo; Finally, the insurance industry on the domestic and internal control, internal risk control regulatory process were reviewed and summarized.The third part is the internal risk analysis of auto insurance. This part analyzes the operational aspects and financial aspects of the existing internal risk areas, including underwriting and claims links of the operational aspects. Through the process of sorting out the various links, analysis, obtained the existence of various aspects of internal risk.The fourth part is the internal risk control measures of auto insurance. This part summarizes the underwriting, claims, financial aspects of internal risk control measures, based on the third part of the auto insurance within the risk analysis. Eventually come to this paper's conclusion.