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The Plight Of The Insurance Broking Industry In China And Its Countermeasures

Posted on:2013-01-06Degree:MasterType:Thesis
Country:ChinaCandidate:L LiuFull Text:PDF
GTID:2309330362963861Subject:Finance
Abstract/Summary:PDF Full Text Request
Insurance intermediary system is an indispensable part for a complete insurance market,In China, the insurance agent market, the rapid have been developing rapidly, and insurancebrokers and assessors are still in its infancy. However, it is not difficult to foresee the brokerplays an indispensable role in the development of China’s insurance market..Attendantproblems are the unsound development of the insurance brokerage market and the notstandard operations. Research on the insurance brokerage industry in China is to ensure thenormative and orderly development of insurance brokerage market.This article is divided intoa total of four parts.The birth of the insurance broker is to eliminate the problem of asymmetric informationin the insurance market transactions, so it is an effective system. At the beginning, through thediscussion of the concept of insurance brokers, and the systematic analysis of the insurancebroker from the view of system economics and information economics, this paper comes tothe conclusion that china must put more effort on developing the insurance brokerage industryin order to accelerate the development of China’s insurance market.In China, with more thanten years of development of the insurance brokerage industry, certain problems in theinsurance brokerage market are exposed, including various competition issues in internal andexternal industry as well as evils brought by China’s insurance market itself, which need us tosummarize these issues and difficulties and analyze them with aim.Foreign insurance brokerage industry has developed for hundreds of years, so in the thirdchapter, the paper finds experiences and lessons we can learn from, by analyzing foreignadvanced experience.Finally, according to the author’s own practical experience, the paper puts forward somesuggestions for the insurance brokerage industry in China. Overall, the insurance brokerageindustry as a sunrise industry requires special attention and care to run. Through their ownsuperiority, the insurance brokerage industry will burst out of strong development momentumin the near future.
Keywords/Search Tags:insurance brokers, Commission payments, Eligible
PDF Full Text Request
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