Research On The Credit Risk Management Of Personal Automobile Consumption Credit Loan Guarantee Insurance

In recent years, the rapid development of China's automobile industry has brought the enormous development room to the automobile consumption credit loan market ,as an important aid vehicle of the automobile consumption credit loan, automotive consumption credit loan guarantee insurance business had played a great promoting role in the rapid development of the domestic automobile consumption credit loan. But because of the domestic personal credit system and the legal system is missing or incomplete and insurance companies backward in internal management lever and other reasons, personal automobile consumption credit loan guarantee Insurance business was in trouble. Although several insurance companies operate this business now, but merely nominal. As a franchise risk insurance companies should seize the business of personal automobile consumption credit loan guarantee Insurance business offered great opportunities for property insurance business, and accomplish business restructuring and business development leap. At the same time can stimulate the growth of consumer demand, promote consumer credit loan business in the bank, can also accelerate the development of China's automobile industry. Therefore, Research on the credit risk management of personal automobile consumption credit loan guarantee insurance is essential to the personal automobile consumption credit loan guarantee insurance business shake off the dilemma and healthy development.The first chapter of this paper introduced the background of the papers, research significance and the arrange of the structure, the second chapter brief introduced the personal automobile consumption credit loan guarantee insurance business business, defined the essence of the personal automobile consumption credit loan guarantee insurance business is a business of property insurance and the risk of accept insurance has the credit nature, therefore on the borrower's credit review must be extra strict. But why the personal automobile consumption credit loan guarantee insurance business payment rate remains high, The reason is the domestic personal and business financial credit system has not established now, the lack of credit class supervision and the mechanism of dishonesty to carry out the punishment, some consumers at very the start with the purpose of a malicious fraud and buy car by loans, while others are the lack of the awareness of the credit, do not consider their own economic strength, the first loan to buy a car with a repeat, but its performance ability to repay is often not enough; Some people have their own economic solvency, but the credit awareness is very short book, and refused to fulfill repayment obligations. Insurance companies do not attach importance to the credit investigation, not strict, but also useless to complete the credit evaluation system, coupled with the external environment is uncertainty, so personal automobile consumption credit loan guarantee insurance business payment rate will be high.The primary means to avoid these risks is of a rigorous review of credit, the establishment of personal credit evaluation index system and a personal credit assessment model, control credit risk from the source, in these aspect of means of maturity and information complete, insurance companies obviously is not as good banks, so finding a suitable personal automobile consumption credit loan guarantee insurance business of their own characteristics of individual credit evaluation index system and a personal credit assessment model is very necessary. Personal credit evaluation index system to follow scientific principles, integrated systemic principles, the principle of predictability can be quantified in principle, the principle of flexibility, and operational principles. In foreign personal credit evaluation index system has been quite mature, while China is still in the initial stage. However, due to different national conditions, the copy is clearly not feasible, at home and abroad to the personal credit evaluation index system to compare and brief analysis to identify the gaps in China, At the final define the system of the China's national conditions. International credit rating on the formation of the group there are many indicators that are 5 C elements, 5 P elements, 4 F elements, and so on. 5 C to which most influential factor. 5C normally supplies Germany, Capacity, Capital, Collateral and Conditions of the five areas to the borrower for credit risk analysis. China's commercial banks for personal credit rating system of indicators have no fixed standards. Compared to the index system with foreign, domestic banks more concerned about the borrower's level of education, health standards. In addition, China's use the indicators exist to a large extent, "Chinese characteristics" such as residence cards, and professional titles, and so on. And the impact of such as these indicators to he credit risk is still unknown, but China's commercial banks often use these indicators as an important basis for lending. The three chapter in this paper at the final in accordance with China's national conditions, characteristics as well as personal automobile consumption credit loan guarantee insurance's own and the establish principle of the personal credit evaluation index system, established personal automobile consumption credit loan guarantee insurance personal credit evaluation index system. And the system of the various indicators made a brief explanation.In the fourth chapter to the current personal credit assessment mainly two ways ---- experience judgement and the credit score made a brief introduction, pointing out that during the modern personal credit assessment, credit score should be based, and to experience judgement be added , combined the qualitative analysis with and quantitative analysis, evaluation can better judge the different fiduciary risks. Then according to personal automobile consumption credit loan guarantee insurance personal credit evaluation index system, designed personal automobile consumption credit loan guarantee insurance personal credit assessment indicators standard rate table, and use the analytical hierarchy process determine the level of personal automobile consumption credit loan guarantee insurance personal credit assessment indicators at all levels of weight, expounded the principle of Modeling ,Use the method of calculating the weighted comprehensive to calculate personal credit assessment score u, use the method of corporate credit ratings, based on individual credit scores to assess the class of personal credit risk.Finally done a case study, show the operational processes of personal automobile consumption credit loan guarantee insurance personal credit evaluation model.In the fifth chapter, be directed against the credit risk status and causes of personal automobile consumption credit loan guarantee insurance business raised personal automobile consumption credit loan guarantee insurance credit risk management measures. First, we must improve our personal credit information system. Mainly from the legislation, credit intermediaries, dishonesty punishment mechanism, personal credit appraisal system etc. in improving China's personal credit information system. Secondly, the insurance companies should be strengthen internal risk management, rational design of accepting insurance conditions, and do a good job in risk management, strengthen the collection of past due loans, the recovery mechanism, and strengthening internal control, layers of clear lines of responsibility and the third, the establishment of Banks and Insurance Cooperation mechanisms. Pointed out the importance of Cooperating with banks and insurance cooperation. Analysis of the current security the main problems, and analysis of the reasons, be directed against the problem and the reasons, at the aspect of unify understanding, before the credits loans, during the credits loans ,after the credits loans established cooperation mechanisms.Chapter VI of the paper summed up the research work and future research work done a prospect.Faced with growing car market, the development of personal automobile consumption credit loan guarantee insurance business has a long way to go. The current most important issue to be resolved of personal automobile consumption credit loan guarantee insurance development is how the insurance company from the old personal automobile consumption credit loan guarantee insurance business difficulties come out, Go into battle with a light pack, carry out the new version of personal automobile consumption credit loan guarantee insurance business. Of course, the insurance company alone is not enough to promote, personal automobile consumption credit loan guarantee insurance business development needs of all sectors of the community's full support and active support. Hope that through this paper's demonstration analysis can arouse the concern of the relevant departments, personal automobile consumption credit loan guarantee insurance business on the benign development, the role played casting a brick to attract jade .