Study On Property Insurance Company’s Credit Rating

As the credit system’s importance increasing, property insurance company’s creditrating has become the key elements of its healthy and stable development. The creditrating of property insurance company aims to establish a comprehensive, practicalrating indicators system, and accurately determine the company’s credit rating by usingscientific methods. By doing this, can easily know the problems in the businessmanagement process, then take measures to solve them as soon as possible, and toenhance the company’s credit rating at last. At present, the credit rating of insurancecompanies in our country is still infancy in theory and practice, so it is quite importantto set a scientific and suitable credit rating indicators system suiting to the realisticsituation, then determine weights and make credit assessments by a scientific andrational way.Firstly, this paper defined the relevant concept of the credit rating of insurancecompanies, and compared the property insurance company’s credit rating content ofdomestic and international credit rating agency. Secondly, this paper constructed theindicators system of credit ratings based on the operating characteristics and creditimpact factors of property insurance company. Finally, chosing the related date of35insurance companies between2006-2008, this paper determined the weights ofindicators by using entropy method and assessted one Property Insurance Company’scredit rating by the use of fuzzy comprehensive evaluation method.