M Insurance Company's Personal Accident Insurance Business Carried Out Risk Management Research

Personal accident insurance of insurance companies is a common type of insurance in China.There are many risk factors in the process of promoting the market development of insurance companies.The insurance companies focus on how to effectively control the risks in the process of developing business and enhance the company's operational ability,so as to rationally strengthen risk management and control,comprehensively manage the risks in the process of developing personal accident insurance business of insurance companies,minimize the risks and losses of enterprises,promote the normal and orderly healthy development of enterprises,and constantly enhance the positive image of enterprises.It is of great significance to the domestic insurance industry.Therefore,this paper takes M insurance company as an example to carry out risk management research on its personal accident insurance business.Firstly,by reading and studying a large number of documents and materials in this field,this paper summarizes the current situation and prospects of risk management in life insurance business at home and abroad,and summarizes the relevant concepts,theories and research contents in insurance business.Then,through an in-depth investigation of the current situation of M insurance company,an index system is constructed which includes three first-level risks and 14second-level risks: insurance object risk,enterprise internal control risk,external environmental management.Then,using the method of Fuzzy Hierarchical Comprehensive Evaluation,the risk management of personal accident insurance business of M insurance company is quantitatively evaluated.Finally,this paper constructs the measures of risk management for personal accident insurance business of M insurance company.Through this study,we can see that the M insurance company's personal accident insurance business risk management quantitative assessment score is 75.5.According to the pre-set judgment criteria,the evaluation results "will harm the enterprise and make it difficult for the enterprise to operate".Therefore,before the M insurance company's personal accident insurance business is carried out,it is necessary to formulate effective measures to deal with potential risks.Based on this evaluation result,this paper puts forward concrete measures to carry out risk management in M insurance company's personal accident insurance business from three aspects: insurance object risk,enterprise internal control risk and external environment management risk.Through the research of this paper,we can provide risk response suggestions and measures for the industry,improve production efficiency with the minimum cost of the enterprise,continuously improve the efficiency of the enterprise,and realize the maximum economic benefits of the enterprise operation.To find a breakthrough for the bottleneck of personal accident insurance faced by insurance companies,and to provide a theoretical basis for the prosperity of the insurance industry.