The Research On Improving Solvency Regulation Methods Of Non-life Insurance In China

With the accelerating advancement of market economy, China's non-life insurance industry has undergone great development with outstanding success achieved in the past and great potential ahead. Meanwhile, as the amount of the members in this industry increased quickly, the competition becomes fiercer and fiercer, and thus it is facing the risks that it had never met before. Hence, strengthening research on the solvency regulation of China's non-life insurance industry has important practical significance.Combining theory and demonstration, quality and quantity, this thesis is the research on how to improve solvency regulation methods of China's non-life insurance industry.First of all, by analyzing and studying the non-life insurance regulation methodes of Britain and the United States, this thesis probes into valuable techniques and experience that China can learn for its own use. The author considers that our non-life insurance industry should introduce and develop Risk-Based Capital and dynamic solvency regulation methods, on the base of improving now availablely regulation methods, and turn simplex static regulation means to the means that combining static regulation and dynamic regulation .Based on the above study, by means of the quantitative research, this thesis makes comments on China's non-life insurance regulation methods from the perspective of both minimum solvency margin and regulation system, points out such existing problems and disadvantages of China's non-life insurance regulation methods as irrationality of the standard adopted for computing minimum solvency margin, standardization of the criterion for its asset recognition, imperfectness of its regulation indexes, lacking of dynamic solvency regulation system. In response to these problems, this thesis proposes measures to improve it, they are as follows:The scale of the company and its business cost should be taken into account when accounting the minimum solvency margin.The index for measuring the status of reserving should be added to the existing regulation indexes.Introducing dynamic regulation system at a proper time is beneficial to enhancingthe competence of China's insurance regulation.