Research On The Catastrophe Insurance Legal System In China

China is a country that often suffers from catastrophic risks in history. The recent years, catastrophe often affect our country. All of the catastrophe make our people suffered from serious human casualties and significant property losses, and take a lot of obstacles to the development of our country’s economy, and make our society fall into a temporary state of instability. When the disasters happen, the party and government always take the measures that through the national finance and folks’donation to achieve the post-disaster reconstruction, and gradually recover the normal order of life of people in disaster areas. However, these measures obviously will make a too heavy burden to our national finance.If we only depend on the national finance and the people’donation, we can’t effectively deal with the predicament caused by the catastrophe. Because the catastrophic risks frequently happen, the people come from different sectors begin to think about how to solve such problems with more effective measures.Through the researches and comparisons on the foreign related legal systems, specialists and scholars suggest establishing catastrophe insurance legal system in China as quickly as possible. The Foreign catastrophe insurance legal system established earlier and through the development of a long time. Gradually get improved in the process of development. Relatively speaking, it is a perfect system. The practical application also prove that the system do have incomparable advantages. The system of catastrophe insurance apparently have a better performance than our traditional measures in coping with the substantial losses caused by the catastrophe.The occurrence of the catastrophes often cause significant losses that personal power can’t cope with. The catastrophe insurance is a mechanism of dispersing risks which deals with the major disasters that person and society difficultly to deal with. It is extremely significant in reducing the losses of the insured and helping them out of the plight and making the reconstruction after the catastrophe come true as quickly as possible.Meanwhile, helps them return to normal order of life as early as possible.Besides foreword, the dissertation is divided into four parts:The first part based on the basic theory of catastrophe insurance, representative definition of "Catastrophe" from home and abroad. The author suggests that we can define catastrophe from the macro level and from the nature. Then we can define catastrophe Insurance. On the basis, analyze the legal nature of the catastrophe insurance and point out that the catastrophe insurance is a policy-oriented insurance and the quasi-public product. The second part,focus on the insurance and underwriting of catastrophe insurance, introduce foreign catastrophe insurance about the measure of insurance,the main bearer,the coverage, the rate’s determination. And analyze the reason that the foreign countries select to do so.Also analyzes the advantages and disadvantages of the different selections. On the basis, make recommendations about our country how to select the measure of insurance, the main bearer, the coverage, the rate’s determination of our catastrophe insurance legal system.The third part, discusses the catastrophe insurance fund.Firstly introduced the fund’s sources of the foreign national catastrophe insurance fund. Then introduce the operation and management of catastrophe insurance fund.The legal system of China’s Catastrophe Insurance should establish catastrophe insurance fund system and how to build catastrophe insurance fund in China.The fourth Part mainly introduce reinsurance of catastrophe insurance, first analysis the necessity to establish reinsurance of catastrophe insurance. Then introduce the practice of foreign catastrophe insurance’s reinsurance. Finally, make suggestion about reinsurance for catastrophe insurance in China...