Research on Influencing Factors of Auto Insurance Premium under the Background of Marketization Reform—Empirical Analysis Based on VAR Model

摘要

In recent years, my country’s economy has grown steadily, and the insurance industry and the automotive industry have a good development trend in the macro environment. Since 2015, the China Insurance Regulatory Commission has carried out a series of auto insurance rate reforms for different stages of the market to promote its standardized development. In this paper, four explanatory variables are selected by multidimensional analysis method. Based on panel data, econometrics is used to establish VAR model and fixed benefit model to analyze the impact of China’s motor vehicle insurance premium income. Finally, variables and regression equations with significant impact are determined, and provide policy advice.