The life insurance premium income came to 87.21 billion RMB in 1999. The healthy development of China life insurance industry is essential to the economic reform, especially to the financial system reform and the maturity of capital market.
Our country has been carrying out the State Credit Guarantee System which maintained the confidence of Chinese people on Financial System and assured long-time finance stability positively in the past.
Reform along with the financial system continuously deep to turn,the insurance market further opens, the abroad insurance company with higher management to enter the local marker, the competition of the local life insurance market will be gradually vigorous.
Reform along with the financial system continuously deep to turn, the insurance market further opens, the abroad insurance company with higher management to enter the local marker, the competition of the local life insurance market will be gradually vigorous.
The life insurance premium income came to 87.21 billion RMB in 1999. The healthy development of China life insurance industry is essential to the economic reform, especially to the financial system reform and the maturity of capital market.
Reform along with the financial system continuously deep to turn,the insurance market further opens, the abroad insurance company with higher management to enter the local marker, the competition of the local life insurance market will be gradually vigorous.
Reform along with the financial system continuously deep to turn, the insurance market further opens, the abroad insurance company with higher management to enter the local marker, the competition of the local life insurance market will be gradually vigorous.
Obviously, in the case ofglobalization of economy and liberalization of finance, with adjustment ofinternational finance system and relaxation of regulation, the insurancecompanies must improve their competition power and control risk.
During the process of improving the fund enters into the capital market, unceasing innovations on the finance system and the social security system is necessary, then advancing the development and consummation of capital market can gradually form the aspect which the fund and the capital market interacts as double to win.
At present, The pension system of the countries all over the world are facing the impact of aging population in various degrees . In order to counterwork the pension payment risk that already exists or will gestate, some countries starts from establishing fund accumulation system for individuals and corresponding market-oriented investment system, followed by introducing a new fund-raising mechanism and fund operation mechanism, thus coordinating the insurance system reform with the reform of banking system, fostering the capital market closely.
The new financial system based on diagnosis-related groups will be in favor of private investors compared to the governement-dependent university hospitals.
In 2000, Ecuador adopted the dollar as its official currency and gave up the sucre in a desperate move to halt inflation and help a distressed financial system.
The results show that the government has to embark on SME policies designed to disseminate the information on support programmes widely, and to speed up the reform of the financial system, legal framework and law enforcement.
As noted by Gurley and Shaw, there is a typical pattern of economic development in which the evolution of the financial system is an essential aspect of the growth process.
The paper uses a general equilibrium model of the financial system to explore whether banks would choose to use a countercyclical, procyclical or neutral rating scheme.
The Internet-banking system is semi-formally described using Unified Modeling Language (UML) to specify the behavior and state of the system on the base of analyzing the existing qualitative risk assessment methods.
A case study was performed on the WEB server of the Internet-banking System using fuzzy-set based assessment algorithm to quantitatively compute the security risk severity.