| In recent years, the signal that motor vehicle insurance market rates is being releasing is more and more obvious, so small and medium sized insurance companies can’t offer better quality of service than the PICC, CPIC and Ping An Property insurance company three old case, and there is no competition on premiums advantage, eventually leading to market concentration is increasing. Statistics show that in late 2015, PICC, Ping An and CPIC together accounted for 64% of the car insurance market share. Given this situation, many small and medium insurance companies in order to expand business scale, began to ignore their clients risk, resources blindly compete for customers, resulting in rising auto insurance loss ratio, expenses exceed the budget, affecting the company’s normal operations and sustainable development. From the loss ratio, the overall loss ratio in the auto insurance industry is about 60%. Therefore, strengthening the motor vehicle insurance business risk control, analyzing risk factors associated with auto insurance claim, to reduce the risk auto insurance payment, it is not only beneficial for the insurance company’s management having a great significance, but also is a very important practical significance to promote the insurance function, the maintenance of social stability and build a harmonious society.This paper introduces the development and the status of the auto insurance market, and points out how to ensure the healthy development of auto insurance at the same time reduce the payment of reasonable and effective level is an urgent problem. Read through the learning theory references insurance business risk, and then analyze the high-paid status of the auto insurance market currently, by which list now primarily insurance claim risk and analysis of risk factors normatively from three different fields. On the basis of which, select sample data of personal auto insurance from an property insurance company in Zhejiang Province, from the view of the number of occurrences, we will take a variance analysis of three type factors which has the perspective of the impact to auto insurance payment, and list the significant risk factors, on this basis, establishing logistic regression model, using the most significant three factors affecting ehicle insurance claims risks th, and putting forward policy recommendations in the underwriting. |
