巨灾债券及对我国保险业的启示

Enlightenment for the Insurance Industry of China from the International Practice of Catastrophe Bond

我国是自然灾害严重的国家之一,巨灾损失严重影响人民正常生活和国家经济发展。除了传统的保险和再保险外,保险证券化成为近年来分散巨灾风险的一种金融创新。本文通过对保险证券化的形式之一——巨灾债券的性质、关系人、要素、运行机制、现状、前景等的分析,提出巨灾债券的国际实践对我国保险业的启示。

China is one of the countries that suffer from serious catastrophic losses. The enormous losses caused by catastrophe seriously influence people＇ s daily life and economic development. Except for traditional insurance and reinsurance systems, insurance securitization became a financial innovation of risk - spreading. This paper analyzes one of the forms of insurance securitization catastraphe bond, from the angles of its character, parties, factors, running mechanism, present situation, prospect , then points out its enlightenment for Chinese insurance industry.