Abstract
Based on the data of China's property insurance premiums from 1998 to 2015, this paper from the six aspects of production, consumption, income, investment, inflation and resident insurance awareness. including the gross domestic product (GDP), premium income of property and casualty insurance Consumption levels, consumer price index (base period), general college and above graduates, the entire social housing investment and urban and rural residents disposable income seven macro indicators of China's home insurance premium income conducted a multiple regression analysis.
Highlights
The development of China’s family property insurance is not optimistic
The empirical analysis shows that the per capita disposable income of urban residents and the premium income of the previous year are positively related to the premium income of the family property insurance
Based on the previous scholars 'research, this paper mainly studies seven macroeconomic indicators, namely, gross domestic product (GDP), premium income of property insurance, residents' consumption level, consumer price index, general college and above graduates, the whole society Residential investment and urban-rural residents disposable income regression analysis
Summary
The development of China’s family property insurance is not optimistic. The most prominent place is the problem of low insurance rate, as well as the product structure is single, the scope of protection is not wide enough, product differentiation is low and sales channels are not appropriate and people's risk awareness is weak and so on. Property insurance is very benefit for us, through the family property insurance plan, Scholar can transform unexpected disasters and accidents into small amount and fixed premium expenditure to ensure the stability of family financial affairs. Based on the above description, in order to promote the China family property insurance system more perfect, the insurance products to better meet the needs of the people, to better serve the human society, the study of family property insurance is very necessary
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