Research On The Countermeasures Of Promoting Market-oriented Reform Of Vehicle Insurance Rate

Theoretically speaking, insurance premium rate is determined by one insurance company's loss experience and its own management expenses. And one's own loss experience and running cost are best known by itself only, the insurance supervision department can not totally grasp the management information of every insurance company, so change the subject of pricing, giving the right to insurance companies, and implement the market-oriented reform of insurance rate becomes an inevitable trend.From the practice of view, as the economic integration and financial liberalization trend of the world are strengthened day by day, a lot of insurance supervision departments of countries and regions begin to realize the insurance rate should function through market, and the government should not intervene too much, then they relax the directional control of rate one after another. And our country, on one hand, should operate according to international practice after entering the WTO; On the other hand, the long-term highly centralized rate management system has already exposed a series of drawbacks and questions. So, the market-oriented reform of insurance premium rate has already become the key to solve the profound problems in the insurance market.On the basis of further investigating and fully proving, the China Insurance Regulatory Commission began the market-oriented reform of vehicle insurance rate in the whole country on January 1, 2003. It is regarded as a starting point, which raising the curtain for market-based reform of insurance premium rate in china. More than four years past, how about the market-oriented reform of vehicle insurance rate, what problems have appeared, how to adopt the corresponding countermeasures to advance the market-oriented reform of vehicle insurance rate, they are important problems should be focused on. So this thesis is written on the respects mentioned above. The full thesis is divided into four chapters, explain as follows specifically: Chapter 1, introduce the background and the course of the market-oriented reform of vehicle insurance rate.Chapter 2, briefly appraisal the result of market-oriented reform of vehicle insurance rate at first, then emphatically analyzed the reasons of the outstanding problems: 1.Our country is in transition period making the transition to the competitive structure of market from the insufficient structure of market at present; 2.Company's management theory has determined its market behavior; 3.The data are accumulated scarcely, the technology of non-life insurance is weak; 4.The marketing channel of the insurance is single; 5.The products lack differences.Chapter 3, give advices on the countermeasures of the insurance company's scientific development: 1.Accelerate property right reform, change the management theory, strengthen the self- engagement ; 2.Accumulate the statistical data in a large amount, set up complete market rate pricing mechanism and scientific rate management mechanism; 3.Widen the marketing channel of the car insurance; 4.Set up a sound risk control system, strengthening risk management; 5.Strengthen the innovation of service and goods; 6.Others. Chapter 4, propose the supervision department should improve insurance regulation, including the rate should be supervised, the mechanism of the withdrawal from the insurance market should be improved, information announcing system of insurance should be developed, and setting up insurance regulation mode of taking market behavior, company's administration structure and solvency as three pillars .In author's opinion, at present, the market-oriented reform of vehicle insurance rate is still not ideal, and the key reasons are: first, the concept of cost-effectiveness and sustainable development and effective self-restraint has not been completely established; second, the insurance regulatory system has not been mature yet. In order to advance the market-oriented reform of vehicle insurance rate, on the premise of guaranteeing the healthy and orderly development of insurance market, two aspects must be stressed: On one hand, to probe into the countermeasures in which insurance company can develop continuously, on the other hand, to accelerate improving insurance regulation. Only in this way the market-oriented reform of vehicle insurance rate can move forward steadily and smoothly, and the insurance industry will get sustainable development. The main contribution of this thesis lies in: the author has combined the practice of reform and a large number of scientific research materials together, and detailed analyzed and probed into countermeasure to advance the market-oriented reform of vehicle insurance rate. The analysis and the conclusion have certain meaning of theory and practice.The weak point of the thesis lies in: The market-oriented reform of vehicle insurance rate is a complicated system, and the problems and reasons existing among them may be intricate, so it is not easy for research. As the author's ability to do scientific research is limited, and lack actual working experience, the analysis and some views may be superficial. The author sincerely hope teachers forgive, and be glad to get some advice from teachers and classmates, thank you!...