In order to actively exploring mutual insurance in the new era, vigorously promoting the development of mutual insurance, and making new and greater contributions to the establishment of China's multi-level insurance market system, the “Mutual Insurance Book Series” is officially launched, with Dr. Chen Hui of China Institute for Actuarial Science (CIAS) of Central University of Finance and Economics (CUFE) as Chief Editor and Professor Li Xiaolin, Dean of School of Insurance of CUFE as Advisor.
Dr. Chen Hui is an assistant researcher of CIAS. His main research fields are internet-based insurance and mutual insurance, financial technology (FinTech) and insurance technology (InsureTech), big data and small data, etc.; he has published and edited more than 20 monographs, and is currently leading the writing of another book series on Fintech.
The “Mutual Insurance Book Series” is about 1.1 million words, which contains four volumes of proliferate content, with each volume has its own specialized subject, providing an in-depth analysis on the structure of mutual insurance and its development, from theory to practice, from innovation to thinking, and from domestic to overseas.
As the first set of professional and formal book series on mutual insurance and its innovation and development in China, the series has been supported by the key research center of the Ministry of Education in Humanities and Social Sciences, and others.
ISeries background
The Fifth Plenary Session of the 18th Central Committee of the Communist Party of China adopted the 13th five-year plan proposal, described the magnificent blueprint of China's economic and social development for the next five years, put forward five concepts of innovation, coordination, green, opening and sharing, and put forward various requirements for the next reform and development of the insurance industry. Among them, the development concept of "sharing" was written into the important national documents for the first time, aiming to enable all citizens sharing the fruits of economic and social development, enhancing people's well-being, and improving people's sense of access.
Mutual insurance has the characteristics of Inclusive finance. It can be closely combined with the actual insurance needs of the people, develop convenient and affordable insurance products with mutual characteristics, and improve the coverage, availability and satisfaction of insurance services. Mutual insurance is one of the two major forms of insurance organization in the world and an important part of the global insurance market system. In 2016, the global mutual insurance premium income reached US $1.3 trillion, accounting for 26.8% of the global insurance market, covering 900 million people, and the total assets of mutual insurance organizations exceeded US $8.3 trillion. Our country should perfect the multi-level modern insurance market system, should not let mutual insurance be absent! The introduction and development of mutual insurance is conducive to breaking through the limitations of the existing business model of the insurance industry, changing the current situation of a relatively single market subject type, and creating a more specialized, differentiated, characteristic and diversified insurance market structure.
For this reason, CIAS has assembled experts, scholars and senior insurance practitioners, from both domestic and abroad, work constructively in producing a writing plan for the mutual insurance series which involved four levels:“open a new insurance model”,“define a new insurance model,” “innovate a new insurance model”and“create a new future for insurance”. This generated a first and systematic study of mutual insurance in China, and laying an important foundation for knowledge transfer, theoretical framework and experience studies, and enhancing future development of mutual insurance in China.
II.SeriesContents
1. Mutual Insurance: Open a New Insurance Model
Based on four perspective: current situation, referencing, suggestion and future prospect, this book studies the pilot system of mutual insurance. Understanding in the reform and development of the insurance industry the mutual insurance is an important insurance industry, this book comprehensively and systematically reviews and summarizes the historical evolution, development and improvement of mutual insurance, domestic and abroad. This book covers the history, laws and regulations, fundamental theories, insurance varieties, regulatory system, classic cases, development prospects and other aspects of mutual insurance domestic and abroad. The analysis and research have initiated the systematic research of mutual insurance in China, and provided the research results of knowledge, theory and experience with important reference value for the future development of mutual insurance in China.
2.Mutual Insurance: Define a New Insurance Model
This book studies the operation of mutual insurance from four perspectives: basic, governance, finance and membership. Through the research domestic and abroad, and the establishment and development mode of three mutual insurance organizations in China, this book summarizes the operation practice standard of mutual insurance group, and interprets the confusion and challenges encountered in the operation process of mutual insurance organization, which is expected to promote the public's comprehensive understanding of mutual insurance organization, and hope to provide for the development of mutual insurance in China research results of knowledge, theory and experience with important reference value.
3. Mutual Insurance: Innovate a New Insurance Model
This book studies the innovation mode of mutual insurance from four perspectives: cornerstone, innovation, guidance and future. This book comprehensively reviews the foundation, innovation, guidance and the future of mutual insurance, as well as discusses the strategic positioning, internal control and risk management of mutual insurance. On this basis, it articulates three levels, six theories, ten relationships and ten methods of mutual insurance innovation. Based on the innovation theory, it summarizes and combs three kinds of introductions: innovation centered on mutual insurance model, innovation centered on platform and innovation centered on member Finally, it describes the innovation thinking, innovation ecology, innovative future of mutual insurance.
4. Mutual Insurance: Create a New Future for Insurance
This book studies the future development of mutual insurance from four perspectives: new ecology, new ideas, new models and new future. Mutual insurance under the new era and new ideas must go through five modes, five levels, three stages and three realms of postgraduate entrance examination and training, so as to find the way to the future, form the future ten spaces, and finally truly become an important pole in the insurance market system, and achieve a new mode and new future of mutual insurance.
In addition, on this basis, Dr. Chen Hui has refined and sublimated the previous research results, and has completed the monograph Mutual Insurance: A Course in Theory and Practice, which is divided into three parts: theory, practice and thinking. The theory part expounds the theoretical basis of mutual insurance, the relationship between mutual insurance and the development of mutual insurance theory; the practice part expounds the market, governance and finance of mutual insurance Business, operation, etc.; the thinking part expounds mutual insurance under the new technology, new economy, new society and new ideas, including five modes and five levels, three stages and three realms, four connections and four ecology, six major problems and six major trends of mutual insurance.
