Research On Anti - Fraud Of Auto Insurance In China

With the improvement of the per capita national income, China has quickly gone into the automobile society. Accordingly, motor vehicle insurance has became the kind of property insurance that is most close to our daily life, it is also the most important one.At the same time,car insurance fraud activities are also increasingly frequent. The concealed fraud makes it difficult for the insurance company to set rates.It affects the management of insurance company, and damages the interests of the insurance consumers, seriously influence the healthy development of insurance business.The car insurance provision tariff reform have been on the agenda again and again in recent years, but not yet implemented. Although the reforming orientation of the industry has reached a unified understanding, but the factors that affect price have is difficult to decide. The increasing car insurance fraud is one of the main reasons for high loss ratio in automobile insurance. So that, market regulation mechanism lost its effect. And it is why the car insurance rate reform is hard to promote. Therefore, improving anti-fraud is top priority.Under the background of car insurance rate reform, This paper has 4 perspectives, include Incomplete contract, economic ethics, asymmetric information, and other institutional perspective to study the fundamental cause of car insurance fraud, combining the current situation of Chinese car insurance market, claim process, and car insurance clause. I summarized the necessity of anti-fraud, and analyzed the harm of insurance fraud to individuals and the whole society, especially to the provision tariff reform in our country. In addition, we should draw lessons from the advanced anti-fraud experience of developed countries and consider the current situation of the development of insurance in our country, also the public acceptance and burden of enterprises to control costs. At last, this paper conforms to China’s national conditions and operable suggestions measures from three aspects: government, industry and insurance company.