Research On Improving Minority Region Of Xiangxi Property Insurance Market Structure, Behavior, Performance

Insurance is produced with the development of social economy. Many insurancerole, first of all to timely compensation of losses from disasters and accidents. In thedevelopment of social economy, natural disasters, accidents caused by the economicloss is often happens, it will cause the production is stopped or interrupted, and evenmake the enterprise bankruptcy. With insurance, once the enterprise faced the risk ofloss can be timely financial compensation, the negative effect of minimizing losses fromdisasters and accidents, ensure the completion of the production plan and employeewelfare; second, is conducive to sustained and stable development of the nationaleconomy. In the process of development of national economy, many will occur someirresistible force caused by natural disasters and accidents, which will interrupt theproduction and business activities of enterprises, thereby affecting the overall operationof the national economy. Finally, to promote technological progress. Using the newtechnology and new process in social production, is an important factor to improve thelabor productivity and promote economic development. But the application of newtechnology and new process, must pay the price, expensive cost, and this cost is oftenaccompanied by a new risk. Through insurance can greatly encourage entrepreneurs toinnovation, in order to open up new areas of production bold application of newtechnologies, new processes, therefore, the insurance for the promotion and applicationof new technology and new process, backed by strong, will promote the progress oftechnology.First the article on using econometric methods to analysis of hysteresis propertyinsurance premium income of property insurance claims of ethnic areas in Xiangxi,found that the lag to the first year when the most significant. At the same time, selectthe property income as a measure of insurance demand, new civilian automobilequantity, total investment in fixed assets, the number of civil litigation, export trade totalvalue as reflected directly internal pull car insurance, engineering insurance, enterpriseproperty insurance, liability insurance, credit insurance, five insurance main insurancedemand, and uses regression analysis of the development characteristics of the propertyinsurance market research in the ethnic minority areas in Xiangxi, found throughresearch, in minority area of Xiangxi property insurance income has increased year byyear, the market potential is tremendous; ethnic area of Xiangxi property insuranceindemnity expenditure have strong demonstration effect for property insurance income.From the market structure and market concentration, product differentiation and marketentry and exit barriers to analyze the property insurance market in the ethnic minorityareas in Xiangxi, then puts forward the optimized in ethnic areas of Xiangxi (Xiangxiprefecture) specific measures of insurance market structure. Once again the mainfinancial indicators from underwriting profit, profit rate, cost rate of premium, paymentrate, profit rate of asset and the premium rate of profit, empirical study of Xiangxination region market performance. Through the study found: the overall profit ofXiangxi property insurance industry in national capacity, and gradually decreased. The final analysis method to analyze the economic performance of insurance companies inethnic areas of Xiangxi by empirical. There is an important reference to the nationalarea of Xiangxi property insurance market structure, behavior, performanceimprovement.