Development And Delay: The Historic Observation Of The Developing Course Of Chinese Insurance Industry In Modern China (1865-1945)

During the developing course of Chinese Insurance Industry in modern China, there was full of competition. Chinese Insurance Industry grew out of nothing and developed from weak to relatively strong. It can be proved by many facts. The Comprador Group, the Bank Group and the Government Group were important that they played the exemplary roles and propelled the Chinese Insurance Industry forward. This paper studies the time from 1865 to 1945 and tries to orient the roles of the Comprador Group, the Bank Group and the Government Group acting in Chinese Insurance Industry, and analyze the reasons and the effects of the diversion they acted in different times and conditions. The author wants to analyze the characteristics of every epoch to open the developing venation of Chinese Insurance Industry in modern China and show the development and delay. The author also wants to observe the success and failure of Chinese Insurance Industry with historic eyes to make the innovation of the insurance in nowadays use for reference.The introduction gives a brief introduction to the ideas of this paper and it reviews the researches on the Chinese Insurance Industry in modern China and so on. It sums up the productions and the deficiencies and brings forward the research orientation of this paper.The chapter one expounds the general situation of Chinese Insurance Industry from macroscopical angle. This chapter differentiates three stages by big history incidents to discuss the development, the characteristics and the reasons. The chapter two expounds the activities of the Comprador Group in initial stage of Chinese Insurance Industry in modern China and analyses the reasons from the edge eyes why the Comprador Group became the vanguard, the main force and the leaders.The chapter three expounds Chinese Insurance Industry arised the first development climax under the investment and the aegis of the Bank Group. Modern Chinese Bank Insurance was more and more harmonious. In a certain extent ModernChinese Bank Insurance realized sharing the resources. At the same time, this chapter discusses the cooperative way and the effects between the Chinese banks and insurance companies.The chapter four expounds the roles of Government Group acting in Chinese Insurance Industry. The government adopted the interventionism policy to influence the visage of the Chinese Insurance Industry by the administration lever and economy lever and so on. This chapter explains the the interventionism behavior which the Nanjing National Government adopted from the revenue system, the investment system and the insurance monopoly policy.The last chapter sums up the conclusions of this paper.