Abstract

The relationship between the economy of China and global is becoming deeper and deeper. There is also a deep relationship between insurance market of China and global. The development of global insurance market may affect that of China. Reference the theory and method of the co movement of the global stock markets, we did research about this with the data of insurance premium from China insurance market and global market. The results show that the co movement of China insurance market and global insurance market is very significant in the long term, especially in the life insurance market. But the co movement of nonlife insurance market isn't significant. On the other hand, in short term, global insurance market affects China insurance market slightly. But it's different in nonlife insurance market. The change of global nonlife insurance market affects that of China insurance market very much. Especially, the fluctuation of global nonlife insurance market is bigger, the effect to China nonlife insurance market is bigger.

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