Font Size: a A A

Regulation Accounting Information Distortion Of Unearned Premium Reserve And Emendation

Posted on:2005-07-27Degree:MasterType:Thesis
Country:ChinaCandidate:J WangFull Text:PDF
GTID:2166360155957718Subject:Finance
Abstract/Summary:PDF Full Text Request
In insurance business, the applicants get safeguard after paying premium to insurance company, which determines the importance of establishing the Unearned Premium Reserve System. This system appeared with the budding and development of the insurable industry. It has been proved that the Unearned Premium Reserve System plays a positive role in the healthy development of insurable industry from its formation in 1852. The unearned premium reserve is the main liability of non-life insurance company and its veracity has great influence on the solvency evaluation by insurance regulation department. Because there are many shortcomings in our present regulation accounting system, the accounting information of unearned premium reserve will be distorted certainly, which will brings a series of disadvantage to the non-life insurance industry supervision.What shortcomings exist in our present regulation accounting system that will cause the legal and inevitable distortion of accounting information in unearned premium reserve? What ill result will it cause in the non-life insurance industry supervision? How to perfect system to keep away from the distortion phenomena and improve the force of solvency regulation? These are all the main problems linked with the accounting information distortion of unearned premium reserve. In this thesis, many theories such as insurance accounting, insurance regulation theory, insurance actuarial, theory of risk and so on are exercised, and some mathematics models are erected. There are several individual opinions proposed, aiming at putting forward a few advice and countermeasure to improve the regulation information authenticity of unearned premium reserve, perfect the solvency regulation system and upgrade the force of solvency regulation.
Keywords/Search Tags:non-life insurance company, unearned premium reserve, regulation accounting, distortion of accounting information, solvency
PDF Full Text Request
Related items