Innovation and Regulation in China's Insurance Industry

Author: Xiao Wen
Publisher:
Publish Date: 2005-03-01
Features: Innovation and regulation are an interacting entity. The development of the insurance industry cannot be separated from innovation, nor can it be divorced from necessary regulation. How to promote the development of insurance innovation and risk avoidance through reasonable regulation is a new research perspective and a challenging issue. This book takes this as its starting point to explore the intrinsic integration of the two, and to grasp the new trends and challenges faced by the international insurance industry, as well as the new risks. From the perspective of institutional change, it analyzes the new problems encountered in the opening and development of China's insurance industry. Through the study of advanced Western insurance theories, particularly the exploration of new insurance models such as bank-insurance cooperation and insurance risk securitization, it constructs a risk early warning indicator system for China's insurance industry and proposes constructive regulatory guidance recommendations.