The Research On The Operation Of Yunnan's Policy Microcredit Guarantee Insurance

In order to solve the problem of "difficult financing and expensive financing",the General Office of the State Council promulgated" the Guidance Opinion on Financial Support for Economic Structure Adjustment and Transformation and Upgrading" in 2013,which proposed "pilot promotion of microcredit guarantee insurance".The microcredit guarantee insurance is mainly for the small and micro enterprises which are lack of mortgage collateral but have good credit records and good prospects,which provides credit guarantee to help them through insurance means to obtain loans from the bank.Small and micro enterprises can increase credit rating with insurance,which is conducive for insurance companies to develop financial services market and guarantee the security of loan deliveries for small and micro enterprises to achieve a win-win situation among enterprises,banks and insurance companies.China's Microcredit guarantee insurance to "government support,market operation" as the basic principles of development.In the guidance and support of government,the co-insurance and the bank through the commercial operation mode to play the role of government to guide the amplification of funds,which is conducive to the formation of government,banks,insurance companies to promote the three parties to the healthy development of small and micro enterprises situation.In this paper,Yunnan's policy microcredit guarantee insurance is the main research object,Based on the study of microfinance insurance theory,this paper introduce the background and current development of microcredit guarantee insurance in China and then studies the microcredit guarantee insurance carried out in Yunnan Province,analyzing current development through field visits and interview surveys.During the works,we find that there are some problems exist such as inactive participation of banks,insufficient government support and irrational mechanism of risk sharing between banks and insurance companies.After drawing lessons from the successful development experience at abroad,we put forward the introduction of small loan guarantee insurance to improve the selection mechanism of micro-loan insurance,mode of innovative bank-insurance cooperation and the risk fund management,which promotes China's small loan guarantee insurance to develop healthily and comprehensively as well as play a policy role in supporting small and micro enterprise financing.