A Study About Chinese Insurance Statistics

Chinese insurance industry has been witnessed an accelerated development since the system was reconstituted. But there still exist many problems in insurance statistics that is a key issue in insurance operation. The dissertation aims at looking for an insurance statistics model in line with the market economics through analyzing the weakness of the current ones.The article is composed of preface and the paper totaling three chapters.The preface generally describes the significance of selecting the subject, the domestic and international study status, research aim, as well as contributions made by the thesis.Chapter I : Research the function, position, effect of insurance economy and insurance statistics.Since insurance industry is a product of productivity development, the faster economy develops, the more rapidly it develops. It has made a great contribution to economy harmonization, continuing development and science innovation as well. In the age of information, the work of information collection and analyzing as well as filing in the financial market has to be enhanced in order to keep itself competitive. Insurance statistics is a science that studies quantity and the factors influencing it in the insurance operation. In market economy, it functions as an information and consultation system as well as an inspection system, In fact it is such an important component of insurance operation and makes great contribution to decision making. And it is an effective way to check whether the insurance operates smoothly.Chapter II : Research the current status of insurance statistics.Insurance statistics develops quite slowly while the insurance industry develops rapidly. Many of its functions have not been well performed yet. For instance, insurance statistics model is old-fashioned; no alert system is established and inspection to insurance enterprises is not well done. Furthermore there is no sound index system of insurance statistics.As government is changing its role in administering the insurance companies, they have become independent economic units that operate and develop themselves, being responsible for their own operation result. Accordingly an updated insurance statistics model is to be established to meet the requirements of market economy.ChapterIII : Advance the idea that to establish a framework of the insurance statistics model in accordance with the requirements of market economy.Firstly, we should make more effort in information collection and make good use of them from outside industry. The factors of risk, economy development, law, policy, interest rate and etc. can influence the development of the insurance industry. Insurance statistics employee should improve their own capabilities and abilities of in-sight, catching all sorts of information to serve their companies.Secondly, we should make more effort in the study of insurance statistics analysis. Regular internal analyses of insurance company include: analysis on execution of the plan, analysis on insurance development, analysis on average index, analysis on statistics index and aspect analysis, analysis on relations among internal information. Generally, statistics analyses on external information of insurance company include relative analysis and comparative analysis. Furthermore, comparisons among different countries are of importance and very useful.Thirdly, we should make more effort in inspection internally and externally. Government is changing the inspection model of insurance company. Meanwhile we should change the situation that insurance companies are lack of sound internal management and establish an inspection system that focuses on external repayment ability index and internal KPI index.Fourthly, we should improve insurance statistics index.