The Research Of Catastrophe Bonds' Model Of Application In China

China is one of countries with many catastrophes which brought strong pressure for our finance and insurance industry. On one hand, the government has to spare great support for the aftermath, on the other, the high chance of catastrophes is not in the ideal insurance range due to the limit fund and scale of insurance companies as well as its weakness in diluting catastrophes and development lagged behind. As a risk sharer of insurance companies, our insurance market has a limited players and Catastrophes Insurance has far less supply than demand, all these have led to the presence of insufficient financial compensation and insurance compensation .This thesis focus on the necessity and feasibility on the Catastrophe Bond, deeply explores insurers, bond investors, bond issuers as well as profit mode and distribution involved in it, pointed out as long as the benefit is evenly distributed among the interest parties, the Catastrophe Bond could improve the social anti-catastrophe ability, the 3 parties win-win-win's goal could be achieved. Another creative point of this thesis is it primarily brings up the mode of cooperation among insurance company, financial institutions, the trade platform of financial products, investors and government.