Research On Improvement Of Insurance Assessment Organization Institution Under Asymmetric Condition

Insurance assessment organization came into being at the very beginning for the purpose of relieving contradictions in the settlement of claims resulted from asymmetric information in insurance market, which is a typical market of information asymmetry. Insurance assessor is short for insurance assessment organization, which is an insurance intermediary institution engaging in transactions on insurance objects such as assessment, examination, appraisal, and calculation under the trust deed of insurance parties. By their professional privilege, insurance assessors offer information service, strengthen communications and coordination between insurance parties to insure smooth insurance activities like underwriting, claim, etc.However, the market of insurance assessment is also a market of information asymmetry. The assessor's behavior influence both insurers and insurants. If assessors use superiority of information to assess unsuitably or they do not do justice to insurance parties, it will influence benefit of insurance parties.Insurance assessment organization institution is an important part of insurance agency system. Problems remain to be urgent like how to improve Chinese insurance assessment organization institution and how to standardize insurance assessment organization institution and insurance assessors' behavior.For the above-mentioned reasons, this paper use asymmetric theory to analyze principal-agent problem, adverse selection problem, and hazard risk problem. These analyses lay a solid foundation for a detailed research on the present situation of Chinese insurance assessment organization institution in this paper.Finally, the paper put forward some proposals to improve Chinese insurance assessment organization institution.