The Structural Changes Of China's Insurance Market Influenced By Foreign Capitals' Entering And Regulation On It

Since 1990's, transnational corporations in the financial industry, especially, insurance industry's direct investing in China become a new trend. The phenomenon has relations with the reform and open-door policy in financial industry, especially, after China's entrance into the World Trade Organization, the impact of transnational insurance company on our country insurance has become increasingly important. How does the enters of the foreign capital insurance company affect the market structure of Chinese insurance business and how does the Chinese insurance business and the regulatory authority deal with the challenge have become hot topic of discussion.At first, the paper first defines the concept of the foreign direct investment, market structure and market concentration, and summarizes the domestic and foreign research of FDI's impact on the market structure, pointing out the limitations of existing studies.Then, we analyze the foreign direct investment and the market mechanism from the theory angle, and define the measure of market structure. And on this basis, we analyze the impacts on the market structure of different forms of foreign direct investment.In Chapter III, we mainly analyze the initial state of China insurance industry market structure. At first, we introduce the development process of China insurance industry; analyze the market structure of China insurance industry from the angles of market share, market concentration degree and product variation; and compare it with international structure of the insurance market; then we point out the characteristics and existing problems of China insurance industry market structure.In chapter IV, we analyze how the foreign capital Insurance companies enter China's insurance industry form the gambling angle, including the form of entry, the gambling with the regulatory authorities and the competitive with Chinese-funded companies.In chapterâ…¤, we first analyze the change of China insurance industry market structure, and introduce the influence on the Chinese insurance business market produce variation. Then take AIA's entrance as the example to analyze the behavior change of China insurance business market. At last, we analyze the market Performance of China insurance industry with the market structure.The last chapter, we first analyze the conclusions of the study and point out the problems and origin of the changes of China insurance industry market structure; And on this basis, we put forward the policy proposal from the angels of the opening strategy, Insurance supervision and market performance.Finally, we concluded this thesis and prosposed the future direstions of research.