Subtle stabilizer
; From the perspective of risk management, insurance is a method of risk management. What is the significance and function of insurance? Insurance has the functions of economic compensation, financial intermediary and social management, which are an organic whole. The function of economic compensation is the basic function, and it is also the most remarkable feature that distinguishes insurance from other industries. Financial intermediary function is developed on the basis of economic compensation function, and social management function is an important function after the insurance industry has developed to a certain extent and penetrated into many aspects of social life. Only in the economic compensation function, the financial intermediary function refers to reinvesting the idle part of the formed insurance funds into the social reproduction process. In order to make the insurance business stable, the insurer must ensure the appreciation and preservation of insurance funds, which requires the insurer to use insurance funds. The use of insurance funds is not only necessary but also possible. On the one hand, there is a time difference between premium income and compensation expenditure; On the other hand, the occurrence of insurance accidents does not all happen at the same time, so it is impossible to pay all the insurance premiums charged by the insurer at one time, that is, there is a quantitative difference between the insurance premiums charged by the insurer and the payment fees. All these provide the possibility for the financing of insurance funds. Insurance financing should adhere to the principles of legality, liquidity, safety and efficiency. Second, the function of social management Social management refers to the process of regulating the whole society and its various links. The purpose is to give full play to the functions of various systems, departments and links, and realize the harmonious social relations, benign operation and effective management of the whole society. 1. Social security management: As an effective part of the social security system, insurance plays an important role in improving the social security system. On the one hand, insurance expands the coverage of social security by providing insurance protection for those who have not participated in social insurance; On the other hand, insurance provides multi-level security services for the society through flexible and diverse products. 2. Social risk management: Insurance companies have professional knowledge of risk management and a large amount of risk loss information, which provides strong data support for social risk management. At the same time, insurance companies vigorously publicize and cultivate the risk prevention awareness of policyholders; Help policyholders identify and control risks and guide them to strengthen risk management; Conduct safety inspection and urge the insured to take timely measures to eliminate hidden dangers; Withdraw disaster prevention funds to fund the purchase of disaster prevention facilities and the research on disaster prevention and control. 3. Social relationship management: Dealing with disaster losses through insurance can not only make up losses reasonably according to the insurance contract, but also improve the efficiency of accident handling and reduce possible accident disputes between the parties. Because insurance participates in the whole process of disaster handling and social relations management, it changes the behavior pattern of social subjects and creates favorable conditions for maintaining good social relations. 4. Social credit management: The principle of utmost good faith is one of the basic operating principles of insurance. Insurance products are essentially a promise based on credit, which is very important to both parties. In fact, the performance of insurance contracts provides a large number of important information sources for the establishment and management of social credit system and realizes the sharing of social information resources.