Study on the construction of catastrophe insurance system in China

摘要

The total loss amount and the insurance compensation amount of catastrophe risk events have showed a rising trend around the world in nearly 30 years.China's catastrophe risks have also brought huge losses to national economy,but the insurance compensation mechanism has played the limited role.China has not constructed catastrophe insurance system.China's collective loss-sharing mechanism is restricted to finance income amount in one hand,and it cannot effectively compensate the affected groups,on the other hand it also exists the higher opportunity costs.It hungers for structuring the catastrophe insurance system led by the government and depending on the market.