On The Improvement Of China’s Overseas Investment Insurance System

In order to protect their overseas private investments, capital exporting countries generally establish a foreign investment insurance law system, which is a domestic law. It will be used to compensate the overseas investments underwritten by it for loss after the occurrence of a promissory insurance accident. It can share political risks with investors, to encourage transnational capital flow. In the recent decade, with the rapid development of china’s foreign trade, China’s overseas investment has also shown a fast rising trend. But the existence of political risks is posing no threat to China’s overseas investment enterprises at no time. However, at present, there are flaws in China’s overseas investment insurance law, which is very bad for China’s overseas investment. The main research content of this paper is about the sound legislation of China’s overseas investment insurance. The basic framework of the paper is shown below:The first part summarizes overseas investment insurance system, presents an introduction to the meaning, feature and function of overseas investment insurance, and explains the new development of political risks, to make a deep analysis on china’s overseas investment insurance system on this basis.The second part describes the status quo of China’s foreign investment insurance law system, with an introduction to the current situation of China’s foreign investment insurance and an analysis on the problems arising in the legislative and practice process.The third part lists several types of other countries’ overseas investment insurance systems. This chapter analyzes the legal institutions of some countries which have made lots of investments abroad. China can learn and use their experience for reference.The fourth part puts forward a legislative suggestion, so as to have China’s foreign investment insurance law system further improved. In accordance with China’s actual national conditions, this chapter discusses what mode China should adopt for its overseas investment insurance system, and how it should set up underwriters, qualified insurance carriers, insurance coverages, as well as concrete insuring procedures, premiums and insurance periods, for which relevant legislative suggestions are proposed finally.