Empirical Research On Business Performance Of Compulsory Insurance

According to the the China Insurance Regulatory Commission and the China insurance business this art icle firstly analysises present situation of Chinese insurance business in the aspect of the amount of insurance company that deals in SALI,the scale of national SALI,business profits of SALI and market pattern.We find that the present running condition of SALI against the break even business concept,most of property insurance companys are under deficit in respect of compulsory insurance.Than we choose one of property insurance companys that benefited fro m compulsory insurance analysising why it can make profits.Based on 2009-2014 China Continent Insurance Annual Special Financial Reports and Annual Actuarial Reports,we firstly analysis compulsory insurance operation status of China Continent Insurance in the aspect of premium trends over the years,various marketing channels,different vehicle types.Then we analysis operating costs of SALI,and compare with national average level.Than we analysis investent return of China Continent Insurance,comparing with national average level in the sameway.At last,we find that payout ratio has an important influence on profit or lost condition.Finally,on the general insurance as an positive example,we give some advice of S ALI' operations to other property insurance companies,and seeing from small to big,we put forward some suggestions for government to improve and perfect the policy system.