The Development And Evolvement Of Life Insurance In Japan And The Inspiration To China

Internationally, many countries already have hundreds of years of insurance history, this is a valuable asset to us, to learn to draw on their valuable experience in the development process allows us to avoid making detours. Japan is our neighbor, its life insurance industry has experienced rapid development, creating the myth of the history of the world's insurance, but its prosperity was hidden behind a potential crisis, the target high interest rates, regulatory authorities over care, self-awareness of risk is low, which eventually led to the turn of the century, when the collapse of the wave shattered the myth attributed. Although our country's economic level there is a gap with the Japanese, at different stages of development, but in life insurance market, there are many similarities between the two, such as the Japanese household savings rate is high, after the war has also experienced Small family-oriented evolution. Understand that the insurance history of the development, summary and lessons learned by the insurance, which today is the smooth development of the insurance industry needs, but also to carry out in-depth academic research insurance needs. Therefore, the concern about Japanese life insurance development process, to study and absorb the useful experience for the life insurance industry to accelerate China's integration into the global economy, update concepts, improve management, enhance the core competitiveness and achieving leap-forward development of great significance.This article includes the introduction and body parts, of which body part is divided into four chapters. In the introduction section, the author elaborated on the meaning and purpose of writing papers, described the situation at home and abroad studies and papers innovations. In the first chapter, the author introduces the ideas generated life insurance, then describes the life insurance product development process and its functions. Finally from the economic, demographic, environmental and financial policy aspects of social security level to explain the factors affecting the development of life insurance. In the second chapter, the author analyzes the development process of Japan's life insurance. Firstly, the author describes the origins of the Japanese life insurance and initial development. Secondly, the author describes life in Japan after World War II the rapid development of the situation and why. Again, the author analyzes the decline in Japan and the reasons for life insurance.Finally, by comparing the Chinese and Japanese life insurance market of the basic conditions to analyze the development of Japan's life inspiration for the development of China's life insuranceIn Chapter III, the author describes the development process of China's life insurance and the current problems still exist. The author focused on analysis of accession to WTO, China's life insurance industry to carry out major work, the achievements and experience. Although accession to the WTO, the life insurance sector has made achievements that have attracted worldwide attention, but with the rest of the world insurance market mature compared to countries in the development of China's life insurance industry, there are still many problems:First, the high degree of market concentration, the effective supply of inadequate; Second, inadequate supervision, inadequate supervision of over-regulation and co-existence; Third, the capacity and use of insurance funds paid lower levels; Four, financial alternatives continue to emerge, the business competitive pressures larger.In the fourth chapter, the author proposes the development of China's life insurance proposals. First introduced the China life insurance industry will face the social, economic, international and other development environment. Next, from the life insurance supply, demand, policy, regulatory and other aspects of the health of China's life insurance industry in the long-term development proposals.In this paper, the use of empirical analysis, comparative analysis, and inductive analysis methods, citing a large number of documents and data information on the life insurance industry in Japan and China, the development process. Analysis of the Japanese life insurance Rise and Fall of the reasons for the changes to sum up experiences and lessons, combined with our national conditions and China's life insurance industry faces the economic, social and international environment for China's life insurance industry offer some suggestions.