Catastrophe insurance in efforts to play the role of risk management for the building of a harmonious socialist society and make contributions

How to effectively manage catastrophic risk, is a worldwide problem and the major issue, the insurance industry is also facing contemporary challenges. Early in 2008 in parts of southern China in a serious low-temperature freezing rain and snow disasters, the insurance industry in disaster relief work has played a positive role. Catastrophe risk is the fundamental characteristics of sudden strong, the risk of complex, the extent of losses, therefore, promote the establishment of suitable conditions of our country's catastrophe risk management system has become a top priority. Establish a complete and effective catastrophe risk management system, financial support, catastrophe insurance and social assistance in three areas one can not do, and the insurance of such a market mechanism should play an important role. The insurance industry should seize the rare opportunities for development, and accelerate China's catastrophe risk management system. The expansion of insurance coverage, all-round participation in catastrophic risk management, insurance industry efforts to enhance its ability to participate in the entire process of catastrophe risk management, strengthen research, and gradually establish a complete catastrophe insurance system.

Key words: catastrophe risk management, insurance system; Management System