2004•Journal of Chengdu UniversityRequires access
On management the Target Area of Insurance Premium Rate of China
Zhaoyou Zeng
Open publisher page 0 citations
Abstract
The insurance premium rate one of the levers of insurance economy is the transaction price between insurance supply and insurance demand which influences the insurance market deeply.Government formulating and forming through market are two main form mechanisms of insurance premium rate.However there are advantages and disadvantages of the two mechanisms.Managing the target area of premium rate which has advantages of both mechanisms is a practical choice.The premium rate forming under such management. both has a space of fluctuation which meets the objective needs of insurance premium rate under the conditions of the socialist market economy and avoids fluctuating too greatly to lead ”price suicide”.In this way,the actual insurance premium rate becomes the rational and fair one which makes the insurance economy develop healthly.