Analysis on Cooperation between Banks and Insurance Companies in China Rural Areas

DOI

10.2991/iceemr-18.2018.156How to use a DOI?

Keywords

Microcredit, Insurance company, Peasant household, Risk sharing mechanism, Credit risk

Abstract

Cooperation between banks and insurance companies, and the credit insurance intervention by insurance companies for the peasant household’s loan underwriting, are beneficial to reduce the risks in rural financial institutions’ lending business, thus increase the effective supply of agricultural credit. From the perspective of actual operation, there still exist such problems as the appearance of bank-insurance cooperation, the singleness of insurance type and the imperfect claim settlement mechanism in rural areas of China. In order to further promote the establishment of the interactive mechanism of banking and insurance, it is necessary to broaden the scope of the protection of credit insurance, to foster insurance companies and credit institutions to form risk-benefit communities, to advance policy support and subsidies in respects of taxes and premiums, and to construct the commercial operation mode of rural credit insurance under the government support.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Gujun Yan
PY  - 2018/06
DA  - 2018/06
TI  - Analysis on Cooperation between Banks and Insurance Companies in China Rural Areas
BT  - Proceedings of the 2018 2nd International Conference on Education, Economics and Management Research (ICEEMR 2018)
PB  - Atlantis Press
SP  - 650
EP  - 653
SN  - 2352-5398
UR  - https://doi.org/10.2991/iceemr-18.2018.156
DO  - 10.2991/iceemr-18.2018.156
ID  - Yan2018/06
ER  -