A Research On Overseas Investment Insurance System Under The Background Of The Belt And Road

"The Belt and Road" greatly and rapidly promotes the development of China's overseas investment.At present,,"The Belt and Road," has entered the further implementation stage,which stimulates the potential of innovation and economic development,promotes regional economic integration,establishes a new international economic order,helps to create a community of shared future for mankind.However,challenges and opportunities coexist.Along with the growth of investment from our country towards countries along "The Belt and Road",the political risk faced by overseas investors are more prominent.What's more,China's current overseas investment insurance system exposes more disadvantages in many aspects,such as the issue of insurance institutions,insurance coverage,insurance object,insurance contract and subrogation right.It will cause significant adverse effects on overseas investment and the construction of "The Belt and Road",if things go on like this.Therefore,it is urgent to do research on the overseas investment insurance system under the background of"The Belt and Road".The whole paper is divided into five chapters.The first chapter as the guidance of whole paper,firstly summarizes the connotation and practice development of the overseas investment insurance;then discusses the practical significance of the overseas investment insurance for overseas investors,investment projects,investment and investment;finally expounds the challenges faced by China's overseas investment insurance system,under the background of "The Belt and Road",which leads to the second chapter to the fifth chapter.The second chapter mainly addresses the issue of setting up overseas investment insurance institutions,namely,who undertakes overseas investment insurance.This chapter firstly introduces two ways of setting up the overseas investment insurance institutions,which are unitary system and separation system;secondly compares the advantages and disadvantages of these ways;finally puts forward the importance of setting the China Export and Credit Insurance Corporation as a policy insurance institution authorized by the law,the reasons of adopting the separation system,combining the nature and the underwriting situation of the China Export and Credit Insurance Corporation.The third chapter mainly discusses the scope of overseas investment insurance coverage,that is,which kind of political risks are underwritten.This chapter firstly introduces the political risk in the international regulations,combined with the national conditions of the countries which along "The Belt and Road",analyses the main political risks faced by "The Belt and Road";secondly analyses the extraterritorial coverage provisions;finally proposes the establishment of overseas investment insurance in China,the improvement of traditional risks,the incensement of new underwriting model of risks,in accordance with the changes in the international situation.The fourth chapter mainly focuses on the study of insurance objects in overseas investment insurance,that is,who undertakes political risks.This chapter firstly expounds the theoretical cognizance of qualified investors,qualified investment and qualified investment host countries;secondly analyzes the problems in the scope of insurance objects,on the basis of comparative study and the underwriting practice of China Export and Credit Insurance Corporation;finally puts forward the reasonable definition of qualified investors,qualified investment and qualified investment host country.The fifth chapter mainly solves the problem of compensation after the occurrence of political risk,that is,the core provisions of the insurance contract.This chapter firstly expounds the core provisions,which are the insurance term,insurance amount,insurance premium and subrogation right;secondly points out the existing problems of insurance contract in our country,on the basis of comparative analysis of the relevant regulations of United States.Japan.German and China;finally puts forward the suggestions of unifying the core provisions of the insurance contract,prompting the negotiation and implementation of investment agreements and improving subrogation right in bilateral investment agreements.