A Study On Internal Control Of Motor Vehicle Insurance Business Of The P Property Insurance Company Of China

With the process of the reform deepening in our country,the capital market has the prosperously development,the insurance industry has also become an integral part of the financial system.Property insurance,which is a special industry that deals with risk,is an important part of the financial system,and plays an irreplaceable role in the national economy and the people's livelihood.So,it is very important to prevent its own risk and develop successfully.China's large property insurance companies have a relatively mature system of internal control to prevent the occurrence of risk and promote the companies develop stably and healthily.Therefore,the study on the internal control system has a considerable significance for the development of China's property insurance industry and the financial industry.At the same time,because of the diversity and complexity of its business,the success of its internal control system can become a template for other financial enterprises,and its shortcomings are enough to become the vigilance too.Based on the five elements of internal control framework proposed by COSO and combined with the " Basic Standards for Insurance Company Internal Control" issued by CIRC in 2010,this paper put the Branch Department of C-city of the P Property Insurance Company of China as the case,describe and analysis the internal control of underwriting and claims process of the motor vehicle insurance in detail,then find out its problems and analysis the fundamental reason of these problems,in order to give the corresponding solutions.