Research On Personal Housing Loan Insurance Based On Risk Prevention

The personal housing loan insurance is the loan insurance which the borrower takes the House as the pledge,through purchasing the loan insurance which the bank sells on commission,melts because of the borrower's credit risk or the pledge property risk and so on causes the loan default risk.In the event of an accident within the scope of insurance,the Insurance Company will compensate the bank for the loss.In 1992,our country individual housing loan insurance clause "the mortgage housing insurance regulation" promulgates,but after nearly 30 years development,our country individual housing loan insurance market has not strengthened along with the real estate market development.At the Party's 19 th Congress,General Secretary Xi Jinping put forward the position that "houses are for living,not for speculation," and set up a long-term mechanism in line with national conditions to avoid large fluctuations in the real estate market.At present,the downward pressure on China's economy is increasing,the default rate of housing loans is rising,some real estate enterprises are bankrupt,the impact of the sino-us trade war and the new coronavirus epidemic,the real estate market is Sleeper Cell.Giving full play to the role of personal housing loan insurance is of great significance for stabilizing the real estate market,reducing the default risk of housing loan and strengthening the risk prevention ability of bank housing loan.This paper takes the personal housing loan insurance "DWY" as the research object,collects the business volume of the personal housing mortgage loan of the commercial bank of our country,and explains the mismatch between the personal housing loan insurance of our country and the development of the personal housing loan in our country.The growth rate and development trend of personal housing loan in our country are obtained by empirical analysis,which highlights the significance of personal housing loan insurance to the real estate market in our country.Finally,some suggestions for the improvement of personal housing loan insurance are put forward.Using the comparative analysis method to use the construction bank "DWY" case to illustrate the problems existingin the personal housing loan insurance in our country.In this paper,the personal housing loan insurance operated by the Construction Bank is taken as the research object,and the data of the business volume and the default rate of the personal housing mortgage loans of the commercial banks in China are collected,it shows that the insurance of personal housing loan does not match the development of personal housing loan in China.This paper expounds the risks of personal housing loan insurance from four aspects: Policy and regulation,operation mechanism,product design and object.At last,some suggestions are put forward to perfect the personal housing loan insurance in our country.This paper mainly analyzes the insurance of personal housing loan from three aspects,the first is the basic situation analysis of the insurance business of personal housing loan,including bank-insurance cooperation,product content and the development of housing loan market.The second aspect is the risk analysis,which not only carries on the risk analysis to the Individual Housing Loan Insurance Policy Regulation,the operation mechanism,the product design,but also carries on the empirical analysis to the object,it is proved that the amount of loan default and the rate of loan default will continue to increase,the current understanding of the real estate risk is insufficient and the insurance concept is not strong,which highlights the significance of personal housing loan insurance for the risk prevention of bank housing loan.The third aspect is the personal housing loan insurance service in the actual implementation process effect and the question.According to the problems and effects in the actual implementation process,this paper puts forward suggestions on the analysis of the policies and regulations,operation mechanism,product design and subject matter of the personal housing loan insurance,and proposed bank-insurance-customer Triple Win Insurance Program.