In this regard, Zhang Haibo, an expert from the Insurance Association of the China Compulsory Traffic Insurance Working Group, analyzed and suggested at the 20 12 compulsory traffic insurance information disclosure news briefing held by the China Insurance Association on August 30th that compulsory traffic insurance should be priced in different regions, and at the same time, the business model of compulsory traffic insurance in China should be further clarified.
It is suggested to implement sub-regional pricing.
Zhang Haibo said that according to the Compulsory Insurance Regulations, a unified basic insurance premium rate is implemented throughout the country. However, due to China's vast territory, there are great differences in social and economic development, traffic conditions and compensation standards, which leads to great differences in business performance under the same premium level.
It believes that in the current situation that the overall loss of compulsory insurance continues, it is unfair to the car owners in the current profit-making areas if the rate is uniformly raised nationwide, and it is difficult to adjust the fee.
To this end, experts suggest that the rate adjustment mechanism of compulsory insurance in China should be improved. In other words, it is necessary to fully consider the risk differences in different places, implement provincial-level pricing for compulsory insurance, realize the matching of risks and prices in the region, and gradually achieve overall breakeven; Add more specific provisions to the Regulations on Compulsory Traffic Insurance, further clarify the trigger conditions, adjustment procedures, adjustment frequency and adjustment subjects of provincial-level rate adjustment, and make the rate adjustment institutionalized and operable.
It is suggested to clarify the business model of compulsory insurance in China.
In Zhang Haibo's view, the current business model of compulsory insurance has brought many problems in practice.
At present, the business model of compulsory insurance in China is front-end government pricing and back-end market operation. Mainly manifested in: following the principle of "no profit or loss", the insurance company is required to unify the rates, liability limits and terms, and the insurance company has no pricing power; Insurance companies shall not refuse to insure high-risk vehicles and have no risk option; Compulsory insurance is managed and accounted for separately from other insurance businesses of insurance companies; The profit and loss of compulsory insurance shall be borne by the insurance company alone.
In this case, the main position and responsibility of the government and insurance companies in the operation of compulsory insurance are not clear. For insurance companies, compulsory insurance business takes up a lot of capital, but it can't bring profits to investors; For the government, limited by its role in the business model, its identity is not detached, which reduces social credibility and is difficult to get rid of public doubts.
At the same time, the rate adjustment mechanism failed. First, the procedure is complicated, and the price adjustment needs social hearing; Secondly, it is difficult for the government to take into account the actual situation of different regions and policyholders and adjust the fees; Third, under the leadership of the government, in the face of public doubts about business performance, public opinion pressure on rate adjustment is great.
Therefore, experts suggest that on the basis of in-depth study, the regulations on compulsory insurance should be revised, and the business model of compulsory insurance should be scientifically determined according to the specific historical stage and development status of China's insurance market to promote the healthy and sustainable development of compulsory insurance business.
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