Analysis On The Influence Of The Market-oriented Reform Of Automobile Insurance Rate On The Small And Medium-sized Property Insurance Companies In China

Since China began the marketization reform of auto insurance rates in 2001,the pricing rights of products were gradually liberalized in 2003,and floating rates of motor vehicle commercial insurance were implemented in Beijing in 2009.After several years of development,the marketization of auto insurance rates has made great progress.On February 3,2015,the guidelines on deepening the Reform of the rate Management system of Commercial Automobile Insurance clauses were issued by the Insurance Regulatory Commission.China's commercial car insurance rate reform has entered the substantive stage of operation.In June of the same year,six regions were used as pilot areas in China,and the pilot areas were expanded in 2016.Rate management presents many positive features.It is precisely because of these characteristics that property insurance companies are faced with enormous challenges.How to adapt to the impact of the market-oriented reform of vehicle insurance rates on property insurance companies is an important problem faced by property insurance companies.With the development of auto insurance rate marketization,it has a great influence on China's auto insurance industry,especially small and medium property insurance companies.With the reform of the rate marketization,the insurance rate will be reduced seriously,the scope of insurance will be expanded and the difference of products will be enhanced,which makes the competition between property insurance companies more and more serious.Seriously affected the market share of small and medium property insurance companies.Under the background of the marketization reform of auto insurance rate,how to improve,adjust the strategic layout and improve the market structure of auto insurance are the contents that we should study at present.This paper first analyzes the connotation and characteristics of the marketization reform of auto insurance rate,and then analyzes the current situation and problems faced by small and medium-sized property insurance companies under the background of the market-oriented reform of auto insurance rates,and then aims at the current situation and problems,etc.By using statistical analysis and data model,this paper studies and analyzes the marketization reform of auto insurance rate and the mutual influence of property insurance companies in China,and draws a conclusion:the marketization reform of auto insurance rate is from various aspects.To small and medium property insurance companies to produce varying degrees of impact.Including the impact on the small and medium-sized property insurance companies related to a variety of indicators,at the same time,a variety of core indicators on the development of property insurance companies are also Through the study of ANOVA model and Logistic regression model,it can be concluded that different explanatory variables have different effects on the explained variables.Finally,in view of the above research conclusions,this paper puts forward some effective suggestions to promote the development of small and medium property insurance companies in China under the background of the marketization of car insurance rates,including the promotion of the market-oriented reform of auto insurance rates and the standardization of the operation mode of the auto insurance market.To train professional talents and establish and perfect the actuarial system and the innovative mechanism of insurance,etc.,in order to provide reference for the development of small and medium-sized property insurance companies in China.Recommendations...