Analysis Of Impact Of The Auto Insurance Rate Reform On Vehicle Insurance Market In China

Since China resumed its insurance business in 1980,with the development of macro-economy and automobile market,the automobile insurance business has grown by leaps and bounds in nearly 40 years,achieving a breakthrough both in quality and quantity.At the same time,driven by the international wave of market-oriented reform,China also actively learned from the advanced experience of the United States,Germany,Japan and other developed countries,and carried out the market-oriented auto insurance rate reform,adding to the leap-forward growth of the auto insurance market.A general survey of the development of the auto insurance market in China in the past 40 years shows that since the reform and opening up,the market-oriented auto insurance rate reform has gradually become the main theme of the auto insurance market,while deepening the reform has become the main development trend of the auto insurance market in China at present and in the future.In recent years,thanks to the "13th five-year plan" and "19th national congress",a new round of market-oriented auto insurance rate reform(referred to as "The auto insurance rate reform")is restarted,which has brought more development possibilities and greater development space for the auto insurance market in China,and also brought many challenges.The changes and influences caused by market-oriented auto insurance rate reform on the automobile insurance market have been paid extensive attention and deeply discussed by the academic circle and the industry.In this paper,through qualitative and quantitative research of market-oriented auto insurance rate reform "new stage,(2015-present),the effects of the market-oriented auto insurance rate reform in China has been illuminated,hoping to provide reference for the further development of the auto insurance reform in China and the further prosperity of the auto insurance market.This paper is divided into six chapters to study the development impact of "The auto insurance rate reform,to the development of the auto insurance market in China.In the first chapter of this paper,first through the brief analysis and demonstration of the development and reform of the auto insurance market in China,the research background and significance of this paper and the definition of "The auto insurance rate reform" are expounded,then,systematically introduces the domestic and foreign related research theory and achievement,provide theoretical support for this article,finally expounds the thesis framework,research methods and innovation of this paper.The second chapter mainly introduces the insurance economics principles related to the market-oriented auto insurance rate reform,and qualitatively analyzes the practical problems in the development process of auto insurance market,which lays a theoretical foundation for the research of this paper.The third chapter introduces and compares the market-oriented auto insurance rate reform in developed countries,and expounds the revelation of the market-oriented auto insurance rate reform in China.The fourth chapter expounds the reform process,current situation and prominent problems of the market-oriented auto insurance rate reform in China,and summarize the gains and losses of the current reform from a qualitative perspective.The fifth chapter is empirical analysis of the impact of "The auto insurance rate reform" on the development scale of the auto insurance market in China,by constructing the panel data analysis model,affecting the development of car insurance market by using multiple regression analysis method to analyze the "people,cars,and the factors that impact on auto insurance market development and reform,it is concluded that the policy variables of "The auto insurance rate reform" have different degrees of significant influence on the premium income and the depth of car insurance,but it has no significant influence on the density of car insurance.The last chapter firstly summarizes the research and looks forward to the shortcomings of the research and the direction of farther development of the research and then puts forward feasible suggestions for the further sustainable development of the auto insurance market.