Research On Mutual Insurance System

Mutual insurance has a long history and occupies an important position in the international insurance market.The development of China’s insurance industry is relatively late.Except for the understanding and research of relevant insiders and a few domestic scholars,mutual insurance is still in the initial stage of recognition in China.On January 23,2015,the original China insurance regulatory commission issued the trial measures for supervision of mutual insurance organizations(hereinafter referred to as the trial measures),marking a substantial breakthrough in the development of mutual insurance in mainland China.From the definition of circ,the essence of mutual insurance is not different from the insurance we generally know,which is a commercial behavior of sharing the same boat and spreading risks.From the perspective of law,mutual insurance is still a contract behavior,a contract arrangement in which one party agrees to compensate the other party for losses.Its core characteristic lies in the difference between its organizational form and general insurance organization.Second,the threshold is relatively low;Third,the disposal of profits and the general insurance company is different;The 4th,policy-holder participates in mutual insurance to organize management,have decision-making voting right.The core characteristics of mutual insurance determine the significant advantages of mutual insurance over general insurance.First of all,"mutual" is known as the "inherent gene" of the insurance industry.The economic system of insurance itself is built on the concept of social mutual assistance of "all for one,all for one".Mutual insurance organization is an organization form of voluntary association and mutual assistance among members within a certain range,and it has a high correspondence with the insurance system.Next,with what joint-stock insurance company differs is,the policy-holder of mutual insurance organization is the provider of insurance safeguard since,it is the purchaser of insurance safeguard,this eliminated the interest conflict of joint-stock insurance company.Third,mutual insurance organizations do not make profits as the main purpose of business,pay more attention to the nature of mutual insurance and high-quality services.Finally,mutual insurance products have the characteristics of low price and wide range.Under the environment of China’s joint-stock insurance companies as the main body,mutual insurance can enter into the field of "unwilling to protect,dare not to protect" of joint-stock insurance companies,and form a benign complementary relationship with them.Promote the development of mutual insurance as a "public entrepreneurship in our country,peoples innovation" part of the strategy,is of great significance to our country insurance market,it can not only with the existing insurance products form the benign competition,can also play a role of beneficial complement to its,is advantageous to the realization of the rational allocation of social resources and the healthy development of insurance market.Therefore,in the trial stage,it is necessary to make clear the strategic positioning of mutual insurance in China,guarantee the institutional advantages of mutual insurance,analyze the existing problems of mutual insurance in China and put forward corresponding improvement Suggestions to ensure the root and sprout of mutual insurance in China.