The background, contents of the earthquake insurance system and the popularization earthquake insurance in Japan were introduced. The position, role and responsibility of Japanese government and reinsurance company and their correlation were described . Finally,the problems and subject to be researched were discussed.
The realization of Market Structure and Market Conduct on the level of its on-going logic was low Market Performance and marketization degree of our reinsurance company.
The insurance market is mainly made up of insurance company , reinsurance company , regulator, they exert a largest influence on the profit mode of the market and theory of investment, the game of these three form the basic framework of the market, I have analyzed each optimum decision behavior of the each side of the insurance market, set up the model of playing chess in thesis, and have analyzed the essential reason of several typical economic phenomena appearing on the insurance market of China.
In 1992, the government authorized the China Pacific Insurance Company and the PingAn Insurance Company to operate reinsurance business, thus begin the domestic and the overseas reinsurance business, hi the March of 1999, China reinsurance company is established, the Chinese reinsurance market is growing.
The insurance has been undertaken jointly by the three famous insurance companies in China, and it has been reinsured and co-insured by the reinsurance companies at home and abroad.
This paper briefly reviews catastrophe modelling and its applications in the insurance industry, and introduces major overseas developers of catastrophe modelling, including private modelling companies, university-based research centres,reinsurance companies, reinsurance intermediaries or brokers, and government agencies.
Introduction of weather derivatives may help insurance companies and reinsurance companies enhance risk-diversifying ability and improve management of natural risks in agriculture.
Premium pricing models aimed to achieve or surpass a profit rate at a certain credibility level are obtained for reinsurance companies based on the analysis of proportion reinsurance and excess-of-loss reinsurance.
And then the third part analyzes PM of Life Reinsurance System of China Re Company including risk management, human resource management, schedule control and test management.
Now,there are some misunderstands about reinsurance in the realistic insurance operation,so when the insurers set the insurance commodity price,they only consider the competition relations among them and do not consider fully how the vertical relations such as reinsurance factor affect the insurance commodity price formation in the insurance market.
According to statistical figures of SIGMA issued by Swiss Reinsurance Co. ltd. , the life insurance premium income amounted to 1,236.6 billion US dollars in 1995, 57.7% of the world's insurance premium income.
The paper concerns the problem how to purchase the reinsurance in order to make the insurer and the reinsurance company's total risk to be least under the expected value principle.
When the insurer and reinsurance company take arbitrary risk measures, sufficient conditions for optimality of reinsurance contract are given within the restricted class of admissible contracts.
Risk control action corresponds to reinsuring part of the claims the cedent is required to pay simultaneously diverting part of the premiums to a reinsurance company.
The rendering of accounts of all French insurance companies, with the exception of reinsurance companies, is governed by the ?Decret-Loi" (Executive Order) of June 14, 1938, and subsequent Government ordinances.
Instead, German insurance and reinsurance companies apply a specific system of increased limits factors introduced already in 1936 by the pioneer of German non-life insurance mathematics, Paul Riebesell.