Analysis of the Solvency Adequacy Ratio for Small and Medium-Sized Non-Life Insurance Companies in China

摘要

With the gradual expansion of our insurance company business, the risks are increasing, and the problem of insolvency of insurance companies is becoming apparent. Therefore, the research on the solvency adequacy ratio has become one of the hot topics in the academic field. Since the commissioning of the second generation solvency supervision system (C-ROSS) in 2015, a series of changes have taken place in the solvency of insurance companies. This paper firstly applied the data of 50 groups of small and medium-sized non life insurance companies from 2010 to 2014 based on the new changes after the C-ROSS trial operation to analyze the internal factors of solvency adequacy by using the data of 40 groups of them based on the multivariate statistical analysis. Then, the validity of the model was verified by 10 other groups of data. Through verification, the model can describe the solvency adequacy rate of small and medium-sized non-life insurance companies in China well. Finally, some meaningful policy suggestions were put forward.