Study On The Development Of China's Insurance For Loss Of Profits

It has been about 200 years since the loss of insurance arose, with the development of society economics, business interruption insurance has developed greatly. In the developed countries, the insurance has been accepted by most of the people. During the development, two main systems have tended to dominate: the UK system, where the insurance is known as "business interruption insurance" and the US system of "business income insurance". In order to adapt the "opening policy", the insurers in our country introduced the insurance at the initial stages, the main idea is to provide protection for the foreign-investment companies. Although it has been 20 years since the business interruption insurance introduced, the protection scope is still limited to the foreign-investment companies, and provides little protection for the domestic companies. Through the introduction of the two big systems, I hope it can attract your attention to the insurance, so, the insurer may provides a more comprehensive protection for the general small and medium-sized enterprises.The article includes three main content, the first part is the history development of the cover, analyzing the UK system and the US system and the main content, and comparing the two systems' content .The second part is the development in our country, the main solution including (1) the description of the character, to elaborate the character, the nature, and the function. (2) analyzing and explaining the insurance policy of our country. (3) analyzing the insured benefit of the business interruption insurance, and the form manifested in financial report. (4) in practice, the importance is to decide the insurance amount of gross profit, wage and so on. The other part is some special factors that infect the business interruption insurance. (5) the indemnity of the insurance, including the principle and the special computational method. After the introduction, we have a total idea to the business interruption insurance .The third part is to analyze the reason that...