In 2006, the total premium income of the four major types of property insurance in China-auto insurance, corporate property insurance, freight insurance and liability insurance-was1377.96 billion yuan, up by 24.9% year-on-year, accounting for 9 1.3% of the premium income of property insurance.
According to the statistics of the China Insurance Regulatory Commission, the national motor vehicle insurance premium income 1 10787 billion yuan, up 29. 1% year-on-year, accounting for 70. 1% of the business of property insurance companies, ranking first in the property insurance industry. Among them, since the implementation of compulsory insurance in July 2006, the premium income has reached 2187.8 million yuan, accounting for 39.5% of the auto insurance premium income from July to June 2006.
At present, in China's property insurance, auto insurance is one of the most insurance-conscious types. With the improvement of the compensation standard for third-party victims of traffic accidents, in addition to compulsory insurance, more and more car owners take the initiative to buy commercial third-party insurance, and even spontaneously choose a higher amount of insurance.
In recent years, with the rapid growth of the domestic auto market and the gradual improvement of auto insurance awareness, China's auto insurance premium income has grown steadily. By 20 10, the number of cars in China will reach 60 million, and the insurance premium income of motor vehicles will exceed 600 billion yuan. At the same time, however, the development of China auto insurance market is also facing some problems, such as price war, chaotic channels, claims loopholes, and insufficient foreign participation.
Since the implementation of the reform of auto insurance management system in 2003, the auto insurance market has once again seen a major turning point in 2006. The introduction of a series of policies and measures not only has positive significance to the current market, but also brings about changes in operating quality and improvement of market fundamentals, which makes the whole market stand at a new starting point and the development of the auto insurance market has entered a new stage, which will have a far-reaching impact on the auto insurance operation and market trend of the whole industry in the future.
This report is based on a large number of materials provided by National Bureau of Statistics, State-owned Assets Supervision and Administration Commission, National Information Center, the State Council Development Research Center, China Economic Information Network, China Macroeconomic Database, Wanfang Database, China Social and Economic Research Center, National Economic Prosperity Monitoring Center, China Insurance Regulatory Commission and insurance association of china. This paper makes a comprehensive analysis of the development of China's auto insurance market, auto insurance pricing, auto insurance claims, motor vehicle third-party liability compulsory insurance, auto insurance premium rate, auto insurance network marketing, auto insurance competition and so on. And an in-depth analysis of the international auto insurance market is one of the important decision-making bases for enterprises and investment institutions planning to enter and operate the auto insurance industry to understand the current development trend of China auto insurance industry and grasp the development trend.
catalogue
Chapter 1 Analysis of the Development of Foreign Automobile Insurance Industry 7 pages
The first section developed countries car insurance * * * the same features 7
Section 2 Analysis of Foreign Automobile Insurance Laws and Regulations Page 8
First, Germany: Berlin premium 8.5% high novice.
Second, the United States: the highest unmarried rate of young men is 9.
Three. Japan: Zero-profit Compulsory Three Liability Insurance 9
4. Canada: The car premium on weekends is 9.5% lower than that at work.
Section 3 Analysis on the Development of American Automobile Insurance Industry 10
I. American Automobile Insurance System 10
Two. Introduction to American automobile insurance 16
Three, the United States compulsory auto insurance system design and operation of some enlightenment 17
Iv. American automobile insurance anti-fraud experience and its enlightenment to China 2 1
The fourth quarter German automobile insurance industry development analysis 29
I. Overview of automobile insurance development in Germany 29
Second, German auto insurance is meticulous.
Third, the impact of auto insurance reform on the German auto insurance market 3 1
Four. Brief introduction of German motor vehicle statutory third party liability insurance on page 33
Verb (abbreviation of verb) The Enlightenment of German Auto Insurance Reform to the United States
Section 5 Analysis of the Development of British Automobile Insurance Industry on Page 35
I. Development of British Automobile Insurance Industry 35
Second, the British auto insurance market is completely subdivided by 36
Three, the British automobile insurance underwriting analysis and enlightenment on page 38
Section 6 Analysis of Japanese Automobile Insurance Market Reform on Page 42
I. Liberalization of automobile insurance rates and terms 42
Second, product innovation to meet customer needs 42 pages
Third, break the practice of selling auto insurance through agency stores.
Four. New services using information technology are developing rapidly.
Section 7 The gradual process of liberalization of car insurance rates in South Korea and its enlightenment on page 44
I. Background of tariff liberalization 44
Second, the process of auto insurance rate liberalization 44 pages
Three, the effect of auto insurance rate liberalization 45 pages
Four. Enlightenment to China
The second chapter comprehensive analysis of the development of China automobile insurance industry on page 47.
The first section of the automobile insurance development history and present situation 47
First, the origin of automobile insurance 47
Second, the development of automobile insurance on page 48
Three, the development of automobile insurance market in other developed countries and regions 50 pages
Iv. Enlightenment from China's automobile insurance industry 5 1
The second section reviews the development of China auto insurance market in 2006.
First, the implementation of compulsory insurance, auto insurance business has undergone a qualitative change 52
Two, the implementation of discount purchase restriction, auto insurance price rational return to page 53
Third, the introduction of trade terms, the initial establishment of product standardization system 54
Fourth, supervision is strengthened and competition behavior is more rational.
V. Auto insurance ranks 55th in the property insurance industry.
The third quarter China motor vehicle insurance market development analysis on page 56.
I. From a policy perspective 56
Second, from the economic point of view 56
Three. From a social point of view
Four. From a technical point of view
The fourth quarter analysis of problems in the development of China auto insurance market on page 59.
First, the price war weakened the profitability of the industry.
Second, channel confusion increases unnecessary transaction costs 59
Third, large claims loopholes lead to high compensation costs.
Fourth, the contribution of foreign insurance companies with insufficient participation is less than 60%
The fifth section China automobile insurance market analysis 62
First, the dilemma of auto insurance marketization on page 62
Second, the deep-seated reasons for the dilemma of auto insurance marketization 63
Three, the prospect of auto insurance market-oriented win-win strategy on page 64
Section 6 Analysis of the Influence of the New Scrapping Standard for Motor Vehicles on the Motor Vehicle Insurance Market 73
Section 7 Analysis of auto insurance management after compulsory insurance on page 76
Section 8 Analysis of highlights of new auto insurance on page 80
I. Guiding insurance companies to "focus on services" 80
Two. Uniform terms are beneficial to consumers' rights and interests
Third, the price of auto insurance has basically not increased by 80%.
Four, female drivers enjoy a 15% discount 80
Five, A, B, C three kinds of drunk driving don't lose 80.
Six, the auto insurance market will not form a big insurance company "unify the world" 80
Section 9 Motor Vehicle Insurance Dilemma and Its Solution Analysis 8 1
I. Current situation of motor vehicle insurance 8 1
Secondly, the decline of comprehensive environmental quality is the main reason for the low efficiency of motor vehicle insurance operation.
Three, the integration of insurance resources is an effective shortcut to solve the problem of auto insurance interests on page 83.
Section 10 China auto insurance market potential analysis on page 85
I. Market structure 85
Two. Underwriting status 85
Three. Prospect 86
Section 11 Analysis on the Development of Automobile Insurance Intermediary Organizations in China 87
First, the practical significance of the development of automobile insurance intermediary organizations 87
Second, the development of automobile insurance intermediary organizations in China 88
Third, the problems faced by China's automobile insurance intermediary organizations 88
Four, the development of automobile insurance intermediary organizations in developed countries 89 pages
Verb (abbreviation of verb) Countermeasures and suggestions 90
Section 12 Analysis of Automobile Insurance Industry Chain 92
First, thinking about the automobile insurance industry chain.
Second, it is timely to build a harmonious and win-win automobile insurance industry chain.
Three, build a harmonious * * * win-win automobile insurance industry chain 93
Section 13 Analysis of the Significance of Implementing the Deductible Clause in Automobile Insurance
I. Background of the deductible clause 96
Second, the typical practice of domestic deductible 97
Three. The positive significance of deductible clause to the development of automobile insurance
IV. Suggestions for Insurance Companies to Implement the Deductible Clause 100
Section 14 Analysis of Realistic Contradictions in Auto Insurance Management 102
First, the contradiction between the social benefits of auto insurance management and the benefits of enterprises 102
Second, the contradiction between scale and benefit in auto insurance management 103
Iii. Structural contradiction between auto insurance and non-auto insurance 104
Iv. Internal contradictions in auto insurance management 104
Section 15 Problems and Countermeasures in the Development of Auto Insurance Agency Channels 105
I. Current Situation and Problems of Agency Channels in Auto Insurance Market 105
II. Cause Analysis and Countermeasures 106
Section 16 Risk Prevention Analysis of Operating Motor Vehicle Insurance 108
I. Prevention of risks in auto insurance underwriting 108
Second, the risk and prevention of auto insurance claims 1 10
Chapter III China Auto Insurance Pricing Analysis 1 14
Section 1 Development Status of Auto Insurance Pricing in China 1 14
Section 2 Analysis on Suitability of Auto Insurance Pricing in China 1 15
I. Applicability Analysis of Full Insurance Pricing for Car Damage Insurance 1 15
Second, the third party liability insurance pricing appropriateness analysis 1 16
Section III Suggestions on Perfecting China's Auto Insurance Pricing Mechanism 1 16
I. Promoting full market competition 1 16
Second, improve the actuarial level 1 17
Three. Strengthen information disclosure 1 17
IV. Specific adjustment 1 17
Chapter IV Analysis of China Automobile Insurance Claims 1 18
Section 1 Analysis of Automobile Insurance Claims Service 1 18
I. Model and Characteristics of Auto Insurance Claims Service in the International Mature Insurance Market 1 18
Second, the current China insurance market car claims service model and its advantages and disadvantages analysis 1 19
Three. The change of the insurance market environment in China requires the change of the service mode of automobile insurance claims 12 1.
Four, the development of China's auto insurance assessment industry countermeasures 122
Section 2 Analysis of Factors Affecting Claims Service 124
I. Reasons at the level of insurance companies 124
Ii. Customer reasons 125
Three. Social reasons 125
Section III Analysis of the Reasons for the High payout ratio of Motor Vehicle Insurance 126.
I. Operating Status of Motor Vehicle Insurance 126
Second, the reasons for the high payout ratio of auto insurance 126
Iii. Countermeasures for Reducing the payout ratio of Auto Insurance 128
Section 4 Analysis of the New Model of Auto Insurance Claims 130
Section 5 Significance Analysis of Auto Insurance Claims Outsourcing 13 1
Chapter V Analysis of Compulsory Third Party Liability Insurance for Motor Vehicles in China 134
Section 1 Analysis of the Difference between Compulsory Third Party Liability Insurance and Voluntary Insurance for Motor Vehicles 134
I. Different purposes and functions 134
Second, the nature is different 134
Iii. Different implementation methods 134
IV. Different scope of responsibilities 134
Verb (abbreviation of verb) Different limits of liability 135
Vi. Different claim subjects 135
Seven. Terms and rates are formulated in different ways 136
Eight, auxiliary compensation system settings are different 136
Nine. Other differences 136
Section 2 "Responsibility" Relationship between Compulsory Traffic Insurance and Commercial Motor Vehicle Insurance 137
I. Traffic accident liability is not equal to civil liability for compensation for traffic accidents 137
Ii. Subject of administrative responsibility for traffic accidents 138
Three. Subject of Civil Liability for Traffic Accidents 139
IV. The insured range of compulsory insurance and commercial motor vehicle insurance is different 140.
Verb (abbreviation of verb) Conclusion 14 1
Section 3 System Analysis of Three Liability Insurance for Motor Vehicles 142
I. Historical Evolution of Motor Vehicle Third Party Liability Insurance 142
Second, the Road Traffic Law establishes the statutory compensation rule 143.
Iii. Implementing Commercial Operation 144
Four, the implementation of compulsory contracting system 145
Verb (abbreviation of verb) establishes the insurer's obligation to protect the third party 146
VI. Setting up a social assistance fund for road traffic accidents 147.
Section 4 Analysis of Compulsory Insurance System for Third Party Liability of Motor Vehicles 148
I. Positioning and function of compulsory liability insurance for motor vehicles 148
Two. Operation principle and mode of motor vehicle third party liability compulsory insurance 149
Iii. Legal Relationship Analysis of Compulsory Third Party Liability Insurance System for Motor Vehicles 150
Iv. Construction of relevant supporting systems for compulsory third party liability insurance for motor vehicles 15 1
V. Comprehensive evaluation of the "Regulations" (Draft) and the basic direction of system construction 153.
Chapter VI Analysis of Motor Vehicle Insurance Rate in China 155
Section 1 Analysis of Advantages and Disadvantages of Marketization of Auto Insurance Rates 155
I. Favorable factors of marketization of auto insurance rates 155
Second, the unfavorable factors of marketization of auto insurance rates 157
Analysis of motor vehicle insurance premium rate in the second quarter 159
I. Problems and Causes of Motor Vehicle Insurance Business 159
Two. Measures for standardizing motor vehicle insurance business 160
Section 3 Accelerating the Marketization of China's Motor Vehicle Insurance Rate 162
First, the disadvantages of motor vehicle insurance rate control 162
Second, the background of implementing the marketization of motor vehicle insurance premium rate 164
III. Suggestions on Promoting the Marketization of Motor Vehicle Insurance Rate 164
Chapter VII Analysis on the Development of Motor Vehicle Insurance Network Marketing in China 168
Section 1 Current Situation and Problems of Motor Vehicle Insurance Network Marketing in China 168
I. Enterprise Informatization 168
II. Market Maturity 168
Three. Electronic financialization 169
Four. Legal construction 169
Section 2 Analysis of Countermeasures for Developing China's Motor Vehicle Insurance Network Marketing 170
I. Countermeasures for Static Information Service Stage 170
Second, the dynamic information service stage countermeasures 170
Three. Countermeasures in online trading stage 17 1
Section 3 Analysis on the Development Trend of Motor Vehicle Insurance Network Marketing in China 172
I. Specialization Trend 172
Second, the integration trend 172
Three. Internationalization trend 172
Chapter VIII Competition Analysis of China Automobile Insurance Industry 174
Section 1: Analysis of the Competition Characteristics and Countermeasures in the Current Auto Insurance Market 174
I. Reform process and competitive characteristics of auto insurance market 174
Second, the analysis of the causes of vicious price competition in the current auto insurance market 175
Iii. Impact of excessive competition on the efficiency of auto insurance market and social welfare 177
Four. Countermeasures and suggestions 179
Section 2 Analysis of the Causes of Auto Insurance Price Competition 182
Section 3 Analysis of Competition Cost and Marketing Mechanism after Liberalization of Auto Insurance 184
1. With the rapid increase of marketing cost, auto insurance is in danger of becoming a profit loophole 184.
Second, innovative marketing model is the only way to liberalize auto insurance business 186
Third, the establishment of new auto insurance marketing mechanism 187
Section IV: Empirical Analysis of Auto Insurance Price Behavior in Oligopoly Competition 189
I. Structural Analysis of China Property Insurance Market 189
(1) market concentration 189
(b) Product differences 189
Market entry barriers 189
Second, the empirical analysis of auto insurance price competition 190
(1) In the process of auto insurance marketization, the overall rate has been continuously lowered 19 1.
(II) In the process of auto insurance marketization, the auto insurance rates of companies are divided by 19 1.
(3) In the process of auto insurance marketization, the pricing model is mainly based on scale, 19 1.
(d) Auto insurance price competition: the leader-follower model first appeared 192.
Third, the current auto insurance "price war" countermeasures 193
(A) gradually establish a strategic-oriented auto insurance pricing model 193
(b) Reconstruct the auto insurance portfolio price system with industry risk rate and additional rate 193.
(3) Guide and standardize the competition mode of auto insurance leaders 194
Section 5 Trend Analysis of Price Competition and Non-price Competition in Auto Insurance Market 194
First, the market-oriented reform of auto insurance rates is imperative 194
Second, the limited price competition in the auto insurance market 196
Three. Non-price competition and intensive management trend 198
Chapter 9 Analysis of High Rebate of Motor Vehicle Insurance Agency 200
The first section China motor vehicle insurance status 200
First, high kickbacks lead to motor vehicle insurance business losses 200
Second, the profit analysis of motor vehicle insurance agents 200
Section 2 Analysis of Measures taken by Insurance Companies to Solve the Problem of High Rebate of Motor Vehicle Insurance Agents 20 1
I. Joint self-discipline 20 1
Second, the automobile insurance service "supermarket" 202
Section III Measures to Solve the Problem of High Rebate of Motor Vehicle Insurance Agents.
First, improve the motor vehicle insurance agency rate 203
Two. Effective supervision
Three, motor vehicle insurance agency channel specialization 203
Four, the development of motor vehicle insurance direct sales business 203
Five, vigorously develop motor vehicle insurance brokerage business 204
Chapter 10 Problems and Countermeasures in China's Motor Vehicle Insurance Bidding Process 205
The first section analyzes the main problems existing in the current auto insurance bidding in China.
A, the purpose of the tender is not clear 205
Second, the irregular operation of intermediary institutions 205
Third, the insurer's irrational competition 206
Four, the tender content is not standardized on page 206
Verb (abbreviation of verb) lacks a unified bid evaluation standard.
In the second quarter, the consequences of non-standard operation of auto insurance bidding 207
Section III Countermeasures for Standardizing China's Auto Insurance Bidding
Attachment: Interim Measures for Floating the Compulsory Insurance Rate of Motor Vehicle Traffic Accident Liability 2 10
Chart catalogue
Chart 1 basic framework of anti-fraud in American automobile insurance
Chart 2 Comparison of Insurance Anti-fraud Legislation Requirements in Some American States
Chart 3 Common anti-fraud methods of American insurance companies
Chart 4 China motor vehicle insurance premium income in 2006
Chart 5 China motor vehicle insurance premium income chart from 2004 to 2006.
Chart 6 China Property Insurance Premium Income Structure from 2000 to 2006
Chart 7 Income and Payment of Auto Insurance Premium in China from 2000 to 2006
Chart 8 strategic groups analysis of auto insurance market in 2006 (1)
Chart 9 strategic groups Analysis of Auto Insurance Market in 2006 (2)
Chart 10 development of automobile insurance premium
Chart 1 1 car loss rate in a single Asian market
Chart12 Some records of private car policies insured by a property insurance company on June 25th, 2003.
Chart 13 Motor Vehicle Insurance Business of Insurance Company
Chart 14 Payment Matrix of Self-regulatory Convention of Two Insurance Companies
Chart 15 Payment Matrix of Chicken Eating Game
Chart 16 basic attitude of non-life insurance market supervision
Chart 17 Second Game Payment Matrix of Two Insurance Companies
Chart18 Market Share Table of Five Property Insurance Companies in China in 2004
Chart 19 1997-2004 Changes in Shenzhen Auto Insurance Comprehensive Rate
Chart 20 1997-2004 Auto Insurance Changes of Major Property Insurance Companies in Shenzhen Market
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.