Study On How To Control And Manage The Risk Of Property Insurance Companies

Any enterprise exists risks and it's running is a process of refraining from risks. Especially to insurance companies, they manage risks through professionally insuring many kinds of insuring risks in society, charging and paying indemnity for a loss. Therefore, to insurance companies themselves, stable running of risk management affect both their development and the development of banks and even other industries. After evaluating China's insurance business, Standard & Pool, the international credit rating agency, got the conclusion that Chinese life insurance industry and non-life insurance industry are in "double high" state. Insurance as a special industry plays a vital pole in society such as stabilizing society, collecting and offering finance and promoting economic development. However, insurance companies' running is special and sensitive. With economy and finance becoming global and free, how to avoid and control running risks has become a vital problem which faced by insurance.Full text is composed of introduction and text, is divides three parts.The first part is including the developing history and present situation of Chinese insurance company. To explain the present situation of insurance is too many insurance company set upped because the admittance sill is so low. And so many non-standard problem in this market. So this market accumulated too big risk, If this risk cannot be removed promptly, it will product a big loss to our country's economic. The second part, is analyzed the risk of insurance company. It analyzed in three parts, including the operating risk, debt risk, property risk, and then put out the risk management characteristics of the insurance company. By the way to analyzed the bankrupt of HIH company, to explain the importance to set up a comfortably control system. The third part is to set up a control system from five parts. They are the business the financial affairs, capability of paying, the using insurance funds and the supervising control system.Risk management in the insurance enterprises is the new area of the domestic risk management research. Previous research in China mostly concentrated on financial risks of banking, and scarcely in how to manage insurance business risks. So, the research on risk management for our insurance industry will help to deepen the understanding of risk in insurance enterprise, and to push the development of risk management in our country's insurance industry. This text analyzed the risk management problem of insurance company. It will be help to deeply understand the risk of insurance company and the risk management of insurance company. And to set up a control system in the insurance company, hope to reduce the risk of Chinese insurance company.