《保险研究》20190904-《保险公司保障属性的衡量与影响因素分析》（熊婧、粟芳）

［摘   要］本文聚焦保险保障功能,提出保障属性的概念,并运用熵值法构建衡量保险公司保障属性的多指标综合评价模型,计算了保险公司的保障属性指数,并衡量了财险业、寿险业及保险业的保障属性,分析了导致保险公司保障属性差异的影响因素。研究表明,构建的保障属性综合评价模型具有一定的有效性。财险公司保障属性集中在高水平,外资和小型财险公司的保障属性明显较高。寿险公司间保障属性差异明显,外资和小型寿险公司的保障属性明显较高。保险行业的保障属性整体上在样本年显著增强。财险公司和寿险公司的保障属性受不同因素影响。整体上,公司年龄、学历结构、国有股份比例、董事长学历及是否兼任总经理等因素对两者有着共同的影响。

［关键词］保障属性；保险公司；保险行业；综合评价模型

［作者简介］熊婧,上海财经大学金融学院博士生,E-mail:xjblank@163.sufe.edu.cn；粟芳,上海财经大学金融学院教授,博士生导师,E-mail:sofiasu@mail.shufe.edu.cn。

Measurement and Factor Analysis of the Protection Property of Insurers

XIONG Jing,SU Fang

Abstract：Focusing on the protection function of insurance,the concept of insurance protection is proposed by the paper and a multi-index comprehensive evaluation model for insurance protection measurement is constructed by the entropy method to measure the protection property of insurance companies.Then,using this index,the insurance protection property of non-life insurance industry,life insurance industry and the insurance industry as a whole were measured.Furthermore,the factors that led to the differences of protection property among different insurance companies were analyzed.The research results show that the comprehensive evaluation model we constructed in this paper has some validity.The protection property of non-life insurance companies is at a high level.The protection property of foreign-funded non-life insurance companies and small non-life insurance companies is significantly stronger.The protection property of life insurance companies differs significantly with foreign-funded life insurance companies and small life insurance companies being significantly stronger.For the insurance industry as a whole,the protection property has been significantly enhanced in the sample years.The protection property of life and non-life insurance companies is affected by different factors.Some factors such as years of operation,employee educational structure,level of government ownership,the educational degree of its chairman and whether the chairman also acting as CEO have the same influence for life and non-life insurance companies.

Key words：protection property;insurance company;insurance industry;multi-index comprehensive evaluation model