Recently, the torrential rains hit the southern part of our country and suffered greatly in all counties and cities. At present, all localities are paying close attention to flood conditions and are taking active measures to defend themselves. In the south, the leather footwear industry enterprises are relatively intensive, where flood attacks have been greatly affected. According to the survey results, the insurer rate of the leather industry is relatively high due to heavy rainstorms. Zhejiang SME Property Insurance Investigation Report Zhejiang is a typical small and medium-sized enterprise, and SMEs have become an important force in promoting economic growth. As of the end of 2006, there were 1.13 million SMEs of all kinds in the province, accounting for 99.6% of the total number of enterprises. The contribution rate of tax revenue and the contribution rate of employment reached 86.5% and 95.7% respectively. In order to grasp the current situation and constraints of SMEs and promote the insurance industry to better serve the development of SMEs, Zhejiang Insurance Regulatory Bureau recently under the "Provisional Regulations for SMEs" (State Economic and Trade SMEs [2003] 143) of the definition Standard, all kinds of small and medium-sized enterprises (SMEs) were sampled from 1,220 areas within the province for questionnaire survey. On the spot, SMEs in Shaoxing and Taizhou were interviewed. Through the holding of symposiums, they listened to the opinions of local government, SMEs and insurance companies Suggestions, the SME property insurance related issues were investigated. First, the basic conditions and characteristics of SME insurance According to incomplete statistics, as of the end of 2006, a total of 82,491 SMEs in Zhejiang Province (excluding Ningbo and the same below) took part in property insurance, accounting for 7.3% of the total number of SMEs. In 2006, the premium expenses of SMEs in property and casualty insurance, liability insurance and credit guarantee insurance were 1.342 billion yuan, 2.78 billion yuan and 0.16 billion yuan, respectively, with the guaranteed amount of risk being 1038.931 billion yuan, 1.415567 billion yuan and 9.495 billion yuan respectively. The survey shows that the high-risk enterprises that are vulnerable to floods, fires and explosions have a higher insured rate. For example, 29.42% of manufacturing industries are random samples, 11.84% of textile industry, 9.12% of chemical industry, 6.67% of garment industry, Leather industry accounted for 4.04% and so on. The main features of SME insurance are as follows: (A) lower insured surface. From 2004 to 2006, the number of insured SMEs in Zhejiang Province were 64,923, 84,843 and 82,491, respectively, with the insured rates of 6.5%, 8.1% and 7.3%, respectively, much lower than those of Guangdong and Jiangsu. A large number of SMEs in the insurance service system outside. (B) investment insurance concentrated. Enterprise property insurance is the most important type of insurance for small and medium-sized enterprises, accounting for 82% of the total premiums of 2006. The most comprehensive insurance coverage is property comprehensive insurance, followed by property all risk and property basic insurance. On the contrary, insured and credit insurance and other insurance coverage of SMEs less insurance premiums accounted for 17% and 1%, respectively, and there is a downward trend. (C) inadequate insurance phenomenon is more prominent. According to the survey, 55,876 SMEs with an insurance amount below 5 million yuan accounted for 67.7% in 2006, 8,206 yuan from 5 million to 10 million yuan, accounting for 9.9%, 8466 yuan to 10 million yuan to 30 million yuan, Accounting for 10.26%; 10276 over 30 million yuan, accounting for 12.14%. The distribution of the insurance amount ranges is uneven, the proportion of the enterprise assets covered by insurance is relatively low, and there is a big potential risk. (4) The distribution of participating enterprises is obvious. In the recent three years, the number of SME insured in Hangzhou, Shaoxing, Jiaxing and Jinhua was relatively large and remained relatively stable, accounting for 72.26%, 59.5% and 75.25% of the total insured enterprises in that year respectively. Affected by such factors as typhoon disasters and underwriting policies of insurance companies in Wenzhou and Taizhou coastal areas, the number of insureds fluctuates greatly. For example, there are 5,194 insured enterprises in Wenzhou in 2004, 20,247 in 2005 and 4595 in 2006 Family. Second, SMEs, "hard insured" the main performance and causes The demand for SMEs is a kind of induced, not continuous, multi-level demand, vulnerable to the impact of the industrial environment and geographical environment. At present, the overall business environment for SME insurance is lagging behind. Some institutional constraints remain to be solved. It is difficult to eliminate market dislocation or market vacancy in the short term. Some insurance needs of some SMEs are not met. Mainly as follows: (A) high-risk industries, strong demand for insurance in the region, and the cautious supply of insurance, some SMEs difficulties in participating in the insurance. In terms of regional distribution, small and medium-sized enterprises in Zhejiang Province are mainly concentrated in southeastern regions such as Wenzhou and Taizhou. Due to frequent typhoons and floods, the local SMEs insure their property comprehensive insurance and all-risk insurance covering floods such as typhoons, torrential rains and floods Demand for products is strong, but insurance companies commonly suffer huge losses in their property and casualty insurance business. For instance, the average compensation rates for insurance companies in Wenzhou and Taizhou in the recent three years are as high as 295.4% and 352.6% respectively. Resulting in a series of contradictions: First, the huge insurance premiums led to operating losses and insurance prices continued to run low level of contradictions; Second, strong insurance companies insured insurer insufficiency or contradiction; Third, the commercial operation of insurance companies and Take on the contradiction between social responsibility. Under the strict assessment of their respective head offices, the insurance branches can only tighten the underwriting conditions and differentiate the enterprises according to the management ability and the payment over the years. As a result, some SMEs with high risks and poor management are de-insured, forming a "market shortage Bit ". (II) Some insurance products are poorly targeted and their insurance liability is too narrow. SMEs can not choose reasonable insurance products for insurance. Small and medium-sized enterprises in Zhejiang Province, the industry is widely distributed, different levels of management, the demand for insurance is multi-level. For example, small and medium-sized enterprises in the commercial and service industries are mainly faced with the risk of liability compensation. Insurance demand is more reflected in liability insurance. Small and medium-sized enterprises in the industrial, construction and transportation industries are capable of securing large quantities of property and some are in high-risk industries. The demand for insurance is even greater More is the property and liability insurance. The current market sensitivity of insurance products is low, the product "commonality" obvious "personal" missing. For example, basic property insurance and comprehensive insurance of enterprise property are difficult to meet the diversified needs of the grouping enterprises based on the industrial grade of the enterprises when the rates are approved and the limited liability. In addition, the insurance products applicable to small individual and private enterprises are few, the insurance liability is relatively narrow, the degree of marketization of products is not high, and the desire of enterprises is not strong. SMEs cause "hard insured" are mainly due to the following aspects: First, the enterprise itself factors: the relative lack of understanding of insurance, insured enthusiasm is not high; weak capital strength, poor profitability, insurance purchasing power is relatively inadequate; financial management is not standardized, a large number of information distortion, and the adverse selection is obvious. Second, the factors of insurance institutions: outdated management concepts and lack of motivation to open up; the market sensitivity of insurance products is low and the pertinence is not strong enough to meet the diversified needs of enterprises; product pricing does not fully match the underwriting risks and the effective underwriting capacity is insufficient. Third, the external mechanism factors: lack of special support policies for SME insurance. In some high-risk and high-responsibility areas, commercial insurance products have, in part, acted as government public goods instead of the government performing social management functions with corresponding tax incentives, Lack of supportive policies for insurance companies, such as premium subsidies and cost subsidies, have restricted the enthusiasm of insurance companies. The lack of credit management system for SMEs led to underwriting and claims disputes being more common, which greatly affected the enthusiasm of insurers and SME insurers ; Lack of credit information platform, high cost of information search, to some extent exacerbated the contradiction between supply and demand. Third, promote the development of SME policy recommendations To promote the development of insurance for SMEs, we must work together in a multi-pronged approach. SMEs should improve the financial management system and improve the enterprise risk management system; insurance companies should speed up product innovation, improve service and cultivate and develop insurance resources for SMEs; governments at all levels should timely introduce related support and supporting policies to create insurance for SMEs Good business environment. (A) establish a platform for SME insurance development. Accelerate the establishment of a local legal insurance corporate body, according to the actual development of regional insurance products in Zhejiang, service development of small and medium enterprises; give related departments around the relevant responsibilities, responsible for organizing and guiding SMEs to actively participate in insurance, promote and coordinate compulsory insurance work; improve the province Joint credit information platform for enterprises to increase credit records of SMEs to expand the scope and means of corporate credit information to ensure that both parties to provide adequate information services. (B) to study and formulate incentives. According to the actual needs of Zhejiang Province and social and economic development, determine the implementation of compulsory insurance focus areas and special areas, the introduction of local laws and regulations and policies, and to give some financial support. The first is mandatory employer liability insurance for SMEs in high-risk industries such as construction, mining, exploration and fireworks. The second is to encourage employers' liability insurance in small and medium-sized enterprises as an effective complement to the basic guarantee for industrial injury insurance. Third, vigorous implementation of product liability insurance among famous products at or above the provincial level will enforce compulsory insurance on some products that affect people's livelihood and health. (C) to strengthen and improve the insurance services for high-tech enterprises. To meet the industrial development of high-tech enterprises to implement financial support for the insurance companies to give a certain percentage of premium subsidies, and in other areas to provide preferential policies or priorities. Such as allowing high-tech research and development insurance premiums into the enterprise technology development costs, enjoy the preferential tax policies prescribed by the state, promote the establishment of high-tech enterprise product development, scientific and technological achievements in the transfer of security mechanisms. (D) continue to improve the export credit insurance policy for SMEs. To extend export credit insurance premium subsidy policy to reduce the cost of exporting enterprises to guide export enterprises to use export credit insurance to avoid risks and enhance their competitiveness; promote the experience of discount interest policies in Hangzhou, Jinhua and other places, at the provincial level to study and formulate credit insurance financing Discount interest rates policy to reduce the cost of financing enterprises to encourage exporters to make full use of credit insurance financing. (E) to speed up product and service innovation, enhance SME insurance service capabilities. Actively promote insurance companies in the institutional settings, marketing channels and other innovative ideas and models to optimize the SME insurance service outlets; research to establish SME insurance innovation product protection mechanism, the development of special incentives and protection policies to mobilize the enthusiasm of insurance products innovation; encourage Insurance companies to strengthen risk survey and assessment of SMEs to establish risk early warning mechanism to improve the level of disaster prevention and loss prevention.