Research On The Risk Control Mechanism Of Insurance Company After Underwriting Construction And Erection Engineering Insurance

December 12 2006, China has entered the WTO for five years, and the Chinese insurance market faced the challenge of complete open. All Chinese insurance companies need enhance their competitiveness to meet challenge. The management process of insurance company is a course of risk assembling, risk control, risk financing and loss compensation, so risk control is always the focus of insurance company. The original researches are concentrated on the risk choosing mechanism before accepting insurance and the financial arrangement after underwriting. This dissertation paid attention to the constant changing feature of construction engineering insurance and Erection engineering insurance, and bring out the problem of improve the risk control mechanism of property insurance company, then carry out the research from four parts.Firstly, this paper do research on the construction and erection engineering insurance system and risk control of foreign country, and summarize the advance experience. Analysis the shortage of risk control work in our country, and sum the risk management theory, incentive theory and system theory. Through above analysis and summary, it formed the foundation of this article's risk control mechanism.Secondly, it sum the feature of construction and erection engineering insurance, analysis the present condition of the insurance market, based on this two work and the target of insurance company's management, then bring out the risk control target of insurance company's construction and erection engineering insurance management after underwriting.Thirdly, this article based on the target of the risk control target of insurance company's construction and erection engineering insurance management after underwriting, guided by risk management theory and incentive theory, clued by the process of insurance contract enforcement, analysis the risk existed in the process, then established the interior risk control mechanism and exterior mechanism for offering risk management service and supervising the risk management of project.Finally, this paper chose ErTan Hydropower Station as a case study, and hypothesis the way of using risk control mechanism of insurance company's construction and erection engineering insurance management after underwriting. This paper's research could help the improvement of property insurance company's risk management and was helpful to the long term development of insurance and construction markets. At the same time, this paper was meaningful to the practice on professional technical service and extend service which offered by the property company. It helped the property company do the risk control work after underwriting.