Study Of Engineering Insurance System In China

In the 21th century, along with the process of industrialization and urbanization, China invests a lot of money on basic construction, and mainly on residential buildings of real estate developing projects. We can find many similar points of these projects: large amount of investment, complicated technique, and lots of process. So, construction profession faces a series of risks. In fact, risk management system of construction market in China has not been completely established. Project quality, accidental casualty, lack of money (…etc.) is problem exists in construction market, when planned economy changes to market economy. Developing engineering insurance is needed. The thesis brings forward thoughts and method of engineering insurance by systematic research on domestic and overseas system of it.Aim at the reality of our country's construction market; the thesis discusses the need and pressure of establishing engineering insurance system. For the problems in developing engineering insurance market, the thesis gives advice on priority of choosing the type of insurance in China, by analyzing main risk in a project, using advanced experience of developed countries, and comparative research. Then, analyze the supervision of engineering insurance, and raise the point of designing the supervising system of it. This can protect its health development. At the same time, compare relative laws in this field in both China and other countries,then give suggestions on juristical problems of carrying out engineering insurance that should be solved immediately. It's the law protection of the system. At last, draw a conclusion at strategy and suggestion of establishing and carrying out the system.