Analysis Of The Fluctuation And Influencing Factors Of Chinese Auto Insurance Market

China's insurance industry originated earlier,but it developed slowly during initial stage.Several years later,in 1980 China's insurance industry have a comprehensive recovery,and the emergence of rapid development rapidly.As one of the important pillars of the insurance industry,property insurance is an indispensable part.Now there are many related studies on the whole insurance industry and property insurance,and the related research on motor vehicle insurance market with more than 75%.Firstly,we give an insight into the empirical stages of the economic cycle since the reform and opening up,and then understand the economic significance of the economic background.Analyze the annual data of the GDP and the income data of the auto insurance premium,then analyze the fluctuation components Characteristics,GDP on auto insurance premium income has a strong role in driving,when the GDP cycle running state reversal,auto insurance premium income volatility greater,but by the GDP cycle of a greater degree of constraints,but in the same big cycle,it will come out of themselves.And then analyzes the current situation of auto insurance market in China.Based on the panel data and the relevant research results at home and abroad,this paper explores the influence of various factors on the income of auto insurance premium,and analyzes the impact of various factors on auto insurance premium income.Ridge-estimation method to reduce the co-linearity of each variable,found that the owner of car ownership of auto insurance premium income has a high positive correlation,the corresponding regression coefficient is the highest of all variables,has reached 0.761,in the linear correlation,residents Car ownership and auto insurance has the most significant impact.Finally,the results are analyzed synthetically,and the final conclusions are drawn and the concrete feasibility suggestions are given.