Study On Reforming Reinsurance Market In China

The more developed the insurance market is, the more prominent the importance of reinsurance. The functions of reinsurance decide its importance in the insurance and financial field, even the whole economic of our society which can be developed healthily and stably. Our country's insurance and reinsurance industry started rather late and is now in the initial stage of the rapid development, but the entire insurance market especially the reinsurance market is still not completed. The problems mainly existed in the market supply & demand, monitor, system and products. Through analysis on operation data of the insurance and reinsurance market, and mainly focused on the supply & demand of reinsurance market, at the same time, concluding and consulting our national conditions and the characteristics of reinsurance and insurance market, the paper ultimately raised some proposals on how to create a sound reinsurance market which can be able to prompt the whole insurance market into harmoniously and healthily development.According to writing structure logic, the article is divided into five chapters; the main contents are as follows:Chapter 1 IntroductionThis part mainly introduced the purpose of this article, the study object and study methods.Chapter 2 ImportanceThis part highlighted several major reinsurance functions and its importance, by reviewing the history of China's reinsurance development.Chapter 3 Analysis on current situationIt is the core of this paper. For the closely relationship between the development of reinsurance and insurance, this chapter analyze the personal insurance market and property insurance market development as the breakthrough point, then analyze the development of China's reinsurance industry. On the one hand, it reflects the insurance market's demand for reinsurance and the supply of reinsurance market; on the other hand, it shows China's reinsurance market problems from a broader perspective.Chapter 4 Experience learningThis part focuses on the United Kingdom, the United States, Germany, Japan and Switzerland, to analyze the conditions and characteristics of the five reinsurance markets and then conclude what we can learn from them.Chapter 5 ProposalBased on the previous analysis, we put forward proposals and suggestions on how to improve the reinsurance market in China. This chapter mainly includes encourage variety of organizations to set up reinsurance company to increase the supply, strength cooperated awareness between domestic insurance companies, establish rating system on China's insurance market, and so on.