Study On Regional Differences And Influencing Factors Of Personal Insurance Development In China

In our country,the insurance industry has had a rapid development since 1982,and in the great development of the industry,there have been problems with the development of the region,and the development of the health insurance industry of the country has shown the lowest rungs in the eastern high central,the life insurance of the people,and the life and the body of the insurance,it has a very important role in promoting the harmony and stability of society and the development of the economy,so it’s very important for the development of the development of the physical insurance in the region and the development of the region,and it’s important for the development of the development of the region.Based on the economic data of 31 provinces in mainland China for seven consecutive years from 2011 to 2017,this paper analyzes and compares the differences in the development of personal insurance in different regions and analyzes the factors causing the differences in the development of personal insurance in different economic regions by constructing panel data model and using the method of econometrics.On the basis of the current research,this paper selects the original premium income of personal insurance as the explained variable to reflect the development of China’s personal insurance industry.With per capita GNP,population of higher education,total population at the end of the year,total dependency ratio and social insurance fund expenditure as the explained variables,the panel data model is established for the whole country,the eastern region,the central region and the western region for empirical analysis.According to the analysis,per capita GNP,population of higher education,total population at the end of the year,total dependency ratio and social insurance fund expenditure all have an impact on the development of life insurance in China,but the impact direction is not consistent.Among them,per capita GNP,population of higher education,total population at the end of the year and social insurance fund expenditure have a promoting effect on the development of life insurance in China,while the ratio of total dependency has an inhibiting effect on the development of life insurance in China.This paper mainly consists of five parts.The first chapter mainly introduces the research status and achievements of life insurance at home and abroad from the research background and literature review.The second chapter mainly introduces the relevant economic theories,including the theory of forming regional economic differences and the demand theory of life insurance.The third chapter describes the characteristics of the development of China’s personal insurance industry from the national and economic regional levels.The fourth chapter mainly divide our country into the eastern,central and western three economic regions,through the establishment of four panel,including the national model,to person insurance premium income to be explained variable,with per capita gross domestic product,higher education population,at the end of the year,total population bring-up ratio,and the social insurance fund expenditure as the explained variable,analysis the influence factors of the personal insurance development of our country.The fifth chapter,combined with the analysis of this paper,puts forward corresponding policy Suggestions from the perspective of solving regional imbalance and promoting the steady development of China’s personal insurance industry.