Research On The Community Underwriting Mechanism Of Overseas Investment Insurance Under The “Belt And Road” Initiativ

Ten years after the "Belt and Road" initiative was proposed in 2023,overseas investment along the "Belt and Road" is booming,and major changes have taken place in the economic structure.At present,the lack of an effective overseas investment insurance system has become one of the main restrictive factors for the steady development of my country’s overseas investment.my country urgently needs an overseas investment insurance system that is in line with China’s current reality and has Chinese characteristics.This study aims to provide suggestions for the development of China’s overseas investment insurance market by discussing the community underwriting mechanism of the "Belt and Road" overseas investment insurance.Firstly,the literature review is carried out,and the research status and research methods of overseas investment insurance at home and abroad are summarized;secondly,the operation mode of the current overseas investment insurance market and the operation mode of the insurance community are compared and analyzed through the differential game,and the advantages of the operation mode of the insurance community are investigated;Thirdly,use the multi-objective programming method to study the multi-objective decision-making mechanism of the participants in the insurance community;then,use the cooperative game method to study the income distribution mechanism of the participants in the insurance community;finally,according to the research conclusions,provide a basis for the development of China’s "One Belt,One Road" overseas investment insurance market.Give suggestion.The specific conclusions are as follows:(1)The underwriting mechanism of the overseas investment insurance community with Chinese characteristics is a better choice to promote the development of the "Belt and Road" overseas investment insurance market.The operation mode of the insurance community led by Sinosure is not conducive to the sustainable development of the insurance community in the long run.Sinosure and commercial insurance companies cooperate to jointly build an overseas investment insurance community,which can increase the efforts of both Sinosure and commercial insurance institutions,and the total income of the insurance community,the income allocated by each subject,and the total size of the overseas investment insurance market reach the Pareto optimality of the system.(2)When the participants of the insurance community make decisions,they need to take the scale of the overseas investment insurance market into the scope of decision-making considerations and make multi-objective decisions.Under the multi-objective decision-making,the degree of effort of insurance institutions increases.Since the scale of the overseas investment insurance market is directly related to the degree of effort,the increase in the scale of the overseas investment insurance market and the improvement of the total underwriting capacity drive the increase in total income.(3)When the insurance community adopts the modified Shapley value method for income distribution,it takes the effort cost factor and the degree of effort into consideration of the influence rate factor of the insurance market size,which plays a good regulating role and accurately reflects the cost factor and influence rate factor The impact on the distribution of income.Through the adjustment mechanism of these factors,the overseas investment insurance market can be promoted to develop better.