Chinese Auto Loan Guarantee Insurance System Problems And Countermeasures

With the rise of automobile industry of 1994, automobile industry in national economy now has played an important role. To promote the economic development of auto industry, in the late 1990s, China began to implement auto loan guarantee insurance business, but due to a lack of corresponding theoretical research, and lack of experience, so that the development of the insurance business is very difficult, and eventually road in 2004 to withdraw from the market. This product exit stage, we should be alert to the product and the theoretical knowledge involved in order to intensify research in China auto loan guarantee insurance business to contribute to the rise. This is based on the purpose of writing.The theoretical basis of the weak in practical operation. For auto loan guarantee insurance research should return to guarantee insurance basic attribute, in order to make clear its basic properties, the basic law relations. Guarantee insurance should be an independent insurance guaranty contract, compared with only, subject scope involving policy-holder, insurant and underwriter, the contents of the contract to the credit risk management, legal liability is to happen on credit risk as the prerequisite. Accordingly, the auto loan guarantee insurance contract should be based on the auto loan contract, but it is the basis "insurance law" the existence of a single contract form, instead of spending the loan contract from the contract.Auto loan guarantee insurance concerning insurance contract for the sale of legal relationships, and the loan contract, guarantee, such legal relation, and business contract relationship and loan contract constitute the insurance law relations. But in practice, because the basic law, no clear relationship in auto loan guarantee insurance in practice exposed to a number of problems. In the development of pure business bank of the business process, insurance company fails to credit risk control ability to survey the weak, auto dealers in the confusion of market trade, etc are increased auto loan guarantee insurance business in the risk management process, the coefficient of the market disorder, and confusion. For the regulation of auto loan guarantee insurance business order, reduce the risk management, in order to make new auto loan guarantee insurance, we shall be able to develop smoothly to transformation management pattern, market access system, strictly guarantee insurance documents and data management, establish the risk early warning mechanism and improving customer credit investigation and management system, and the relevant system reform in the construction of Chinese citizens to establish and perfect the system of credit guarantee insurance, the establishment of autonomous organization. Only in this way, our proposed a new round of auto loan guarantee insurance business to develop smoothly, and for the prosperity and development of the economy in China's automobile make greater achievements.