Research On The Optimization Strategy Of Property Insurance Company's Insurance Structure

Property insurance companies and their businesses are the most important part of the insurance market.One of the main businesses of property insurance companies is underwriting business,that is,insurance business.There are many types of property insurance and the underwriting coverage is very wide.It can provide risk management and insurance protection services for various risks that may be encountered in the production and life of various entities.Although China's property insurance industry has developed for many years,there are still some imbalances and irrationalities in the insurance business structure,namely the insurance structure,of a considerable number of property insurance institutions.This structural imbalance affects the improvement of the management efficiency and effectiveness of property insurance companies.It hinders the healthy development of the entire property and casualty industry,and is not conducive to the function of serving social risk management.In August 2014,the "Several Opinions on Accelerating the Development of Modern Insurance Service Industry" issued by the State Council clearly stated that it is necessary to actively promote the development of non-auto insurance business with a relatively low proportion,give play to its social risk management function,and improve the social subjects through insurance.Insurance awareness of product transfer risk.This opinion has played a good policy guidance role in optimizing the insurance structure of China's property insurance industry.At the same time,due to the combined influence of changes in the market environment and the adjustment of the property insurance company structure,the imbalance in the insurance structure of China's property insurance industry has been improved,but how to further optimize the structure of the property insurance industry is still a long-term issue for property insurance companies.This article first explains the definition of property insurance and insurance structure.It is clear that the insurance structure discussed in this article refers to the business structure of the underwriting business end of the property insurance company.Specifically,the ratio of premium income of each insurance type to the total premium income is used to measure the status of the company's insurance structure.Secondly,it analyzes the internal and external factors that will affect the insurance structure of property insurance companies during its formation and change,and explores the internal and external resources that can be used in the optimization of the insurance structure.Once again,the status and differences of the development of the insurance structure in China's property insurance industry The development status of insurance types is discussed,and two major problems caused by structural imbalances are discussed: the mismatch between the insurance type structure and the market structure,and the asymmetric insurance scale size and benefits;and then the Chinese People 's Property Insurance Company and Taishan Property Insurance Company are selected.Representative property and casualty companies conduct case analysis to analyze the company's operating and management conditions,the development status of insurance types,and the benefits of underwriting business,and draw the inspiration of the optimization of insurance structure: scientifically allocate company resources,actively cultivate the social subject's insurance awareness,insurance types and Company size matches Different business segments and insurance companies to solve management problems.Finally,based on the above research,it is proposed that the optimization of insurance structure should maintain the rapid development of liability insurance,promote the good development of credit guarantee insurance,promote the good development of credit guarantee insurance,increase the proportion of cargo insurance insurance types,and actively promote the development of property loss insurance business.