Analysis Of Market Structure And Performance About China Insurance Industry

After three decades of reform and opening up, China's economy and society has changed dramatically during this period, China's insurance industry also has been significant progress. China's reform and opening up the insurance industry to create a good environment for the development of China's insurance industry for the deepening of reform and opening up into a powerful driving force. However, China's economy healthy and rapid development, China's insurance industry is in serious difficulties, there has been rapid development of market performance at odds with the phenomenon. This paper attempts by China's insurance industry market structure and market performance of the relationship between the research and analysis in order to find the Chinese insurance industry to reduce the impact of world financial crisis, ways to improve operational efficiency.Judging from the theory of industrial organization, market structure and market behavior and market performance, market behavior, market performance will in turn affect the market structure, among them is the relationship between cause and effect. Through the enormous amount of data analysis we can see that China's insurance industry is still in an oligopoly market structure. In this paper, the impact of market structure of China's insurance industry factors, market structure and the relationship between the performance of an in-depth analysis, the last of China's insurance industry how to improve the performance of a number of recommendations put forward in order to be able to the development of China's insurance companies to provide reference can also find China's insurance industry to reduce the impact of world financial crisis, ways to improve operational efficiency. In this paper, the use of econometric analysis of China's insurance industry market analysis, and hypothesis verification traditional insurance market in China is not established. Market structure and performance on the relationship between the domestic and foreign scholars have done a lot of research, and formed a number of different factions, many come to different conclusions. With the development of China's insurance industry, using industrial organization theory to study the insurance industry is becoming a hot theoretical circles. This article from the perspective of industrial organization of China's insurance industry market structure and the relationship between market performance, identify problems in the market structure; to identify the reasons for the low market performance and solutions to this problem, which no doubt enhance the overall level of China's insurance industry , and improve China's overall competitiveness of the insurance companies is of great theoretical and practical significance.The full text of a total of six chapters, four parts:The first part is the introduction chapter of this part of the main topics introduced the background and significance, previous research perspective, innovative papers and weaknesses. We have an initial impression on the insurance industry market structure and market performance by study the subject of this article,The second part is the second chapter introduces the market structure and performance of the theoretical basis. This part of the main concept of the market structure, the basic types, the impact of factors such as basic theory and the concept of market performance and evaluation system is introduced so that our theory of industrial organization to have a more profound understanding.Part III of this article is mainly in chapters III and IV.The main structure of the market to conduct a detailed analysis of market structure from the decision to proceed to the factor structure of the insurance market specific analysis. Factor structure of the market there are market concentration, product differentiation, entry and exit barriers, such as economies of scale and scope. Chapter IV of the main market performance of insurance industry research, first of all, China's insurance industry is the Insurance and life insurance market is divided into separately the performance of the state of the market research and analysis, and then with the foreign market performance of the insurance industry, so as to identify shortcomings Department, carried out to make up for with a view to be able to gain a foothold in international competition.The fourth part includes chapters V and VI, but also the core of this article. Chapter V studies the use of an empirical model of China's insurance market to carry out regression analysis of some data in order to find out the market performance and the relationship between market structure, which is to look at things in this article. Analysis of results from the model, China's insurance industry market structure and market performance is not among the very significant role, the classic hypothesis of the insurance market in China is not established. Chapter VI made a number of reasonable policy recommendations to improve China's insurance industry market structure, so as to enhance the performance of China's insurance market and international market competitiveness. Response including the establishment of flexible, comprehensive coverage of the monitoring system; strengthening supervision at the same time, the operation mode to speed up the implementation pace of the insurance industry to adapt to the merger, the operation mode of the world-wide trend; cultivate a world-competitive, a large diversified group of insurance companies or financial groups; to strengthen the capacity of insurance companies, such as risk management.