Research On The Unbalanced Development Of Liability Insurance In China

China's economic development has entered a new norm and is currently in period of various prominent contradictions.Medical disputes,environmental pollution,food safety and campus security challenge the traditional way of social governance.It is difficult to simply rely on the government and the legal system to guide and resolve the contradictions in the social development.And also,The accumulation of contradictions has a great negative impact on people's life and social stability.In promoting the transformation of government's functions and improving the level of social governance,liability insurance can play an important role.Firstly,this paper gives an overview of the related concepts of liability insurance and analysis the national liability insurance development present situation by the following aspects:insurance premium,liability insurance claims payments,insurance business income insurance density and depth,the business income of the insurance company liability insurance,the proportion of foreign property insurance company liability insurance and grasp the overall development of China's liability insurance.At the same time,from the perspective of provincial and three regions(East,Middle and West),this article analysis difference existing in the liability insurance premium income,liability insurance claims payments,insurance business income insurance density and depth of the structure of different regions.Meanwhile,this article creates the development index of liability insurance(LIDI)to evaluate the development of different areas' liability insurance,and according to the 2015 LIDI index will provinces China's 31 provinces are divided into high,medium and low levels.Respectively,using the panel data of high,middle and low samples,this paper aims to analyze factors affecting the development of liability insurance in different regions of China And give suggestions,such as strengthening cooperation with the government,increasing the compulsory liability insurance,speeding up the pace of the relevant laws and regulations,expanding the low level group provinces in the opening of the insurance industry,optimizing the intermediate level group provinces' industrial structure,stabilizing price level and other measures,to further improve the development environmental of liability insurance.Through improving the income level of residents,enhancing regional educationlevel,of liability insurance,strengthen propaganda,improving enterprise and public's awareness of risk liability insurance,we can stimulate potential demands.Insurance companies also should strengthen market segmentation,improve differentiation service level,increase the diversity of insurable risk,establish an evaluation system of professional liability insurance business risk,improve professional quality of staffs and other aspects to improve service level of insurance companies.