The property insurance industry grows fast in China and it is necessary to further investigate the profitability of the Chinese property insurance industry.This study investigates the evolution and determinants of the...The property insurance industry grows fast in China and it is necessary to further investigate the profitability of the Chinese property insurance industry.This study investigates the evolution and determinants of the profitability of 53 Chinese property insurers during the year 2013-2017.Profitability is measured by profit ratio efficiency by data envelopment analysis(DEA)methodology and a profit ratio change index is applied to compare the performance of these insurers over different periods.Tobit regression models are used to investigate several influencing factors of profitability.The empirical results show the importance of proper arrangement of costs and revenues for an insurer and help to better understand the effect of firm size,age,and product specification on profitability.Some policy implications and suggestions are also proposed.展开更多
According to the latest Chinese Healthcare Reform .Plan, the medical insurance system is one ofthe four components of the healthcare sector. The Healthcare financing and payment in China are mainly based on medical in...According to the latest Chinese Healthcare Reform .Plan, the medical insurance system is one ofthe four components of the healthcare sector. The Healthcare financing and payment in China are mainly based on medical insurance. So it is important to learn the experiences of the developed countries. This paper examines the key issues of the German Healthcare system and reforms, with a particular emphasis on basic social medical insurance, which has the broadest coverage in Germany. It reviews the evolution of the background of the German social medical insurance system, describes how the system functions, and analyzes the existing and emerging problems with the system which push the Germany government to adapt a series of reforms.展开更多
基金the support of the National Natural Science Foundation of China(NO.71904185)the Institutes of Science and Development,Chinese Academy of Sciences(NO.Y9X1661Q01).
文摘The property insurance industry grows fast in China and it is necessary to further investigate the profitability of the Chinese property insurance industry.This study investigates the evolution and determinants of the profitability of 53 Chinese property insurers during the year 2013-2017.Profitability is measured by profit ratio efficiency by data envelopment analysis(DEA)methodology and a profit ratio change index is applied to compare the performance of these insurers over different periods.Tobit regression models are used to investigate several influencing factors of profitability.The empirical results show the importance of proper arrangement of costs and revenues for an insurer and help to better understand the effect of firm size,age,and product specification on profitability.Some policy implications and suggestions are also proposed.
文摘According to the latest Chinese Healthcare Reform .Plan, the medical insurance system is one ofthe four components of the healthcare sector. The Healthcare financing and payment in China are mainly based on medical insurance. So it is important to learn the experiences of the developed countries. This paper examines the key issues of the German Healthcare system and reforms, with a particular emphasis on basic social medical insurance, which has the broadest coverage in Germany. It reviews the evolution of the background of the German social medical insurance system, describes how the system functions, and analyzes the existing and emerging problems with the system which push the Germany government to adapt a series of reforms.