摘要
偿付能力监管是目前保险监管的核心，制定合理的最低资本监管标准是当前监管的重中之重，也是“偿二代”需要解决的关键问题。本文以2006～2012年间的中国财险公司为样本数据，在全面考虑并进行了初步处理之后，基于比率法模型，利用拟合分布法和非参数Bootstrap法测算不同破产概率下的风险因子。并按照欧、美监管模型中的破产概率为标准计算了相同破产概率下的风险因子，从而有效地比较分析了我国现行最低资本监管标准与欧关监管的严苛程度。此外，还综合考虑监管措施，分析了监管措施与最低资本监管综合影响之后的严苛程度。经过综合分析发现，我国现行最低资本的监管要求比欧盟Solvency0／I宽松，但是比美国RBC要求更加严格。而且，监管措施等诸多方面还有可改进之处。最后，本文为“偿二代”的建立提出了建设性的意见。
Solvency regulation is the centre of insurance regulation now in the world. It＇ s the most important to set a reasonable minimum capital requirement standard, which is also the key question to be solved for ＂Solvency II＂ in China. The paper used nonlife insurance company samples from 2006 to 2012 in this article, with some suitable treatment to the data from a holistic perspective. Then using Ratio model with Matching Distribution and Nonpara- metric Bootstrap, it arrived at risk factors under different situations of ruin probability. Following this, assuming the same ruin probability, it also obtained the risk factor according to the ruin probability standards in Europe Solvency 0/I and American RBC regulation. Thus the paper was able to compare the rigorousness of the minimum capital re- quirements in China, Europe and America. In addition to that,regulation measures were also accounted for in com- paring the rigorousness of different systems. The results were different if we considered the comprehensive influence of minimum capital regulation and regulation action. The results showed that, China＇ s regulation was less tough than that of Europe Solvency 0/I, but more rigorous than that of American RBC. There were also some improvements re- mains to be done in the current Chinese regulation. At last, some suggestions on building up the Solvency II system in China were provided according to the research results of this article.
出处
《保险研究》
CSSCI
北大核心
2014年第4期82-93,共12页
Insurance Studies
基金
上海财经大学国际金融中心研究院资助
