摘要
新冠肺炎等重大公共卫生事件对保险业的影响包括需求与供给两方面。在需求端,存在影响保险需求的多个直接和间接机制,机制间效应此消彼长;采用2002~2003年277个城市554组样本,以DID和PSM-DID方法实证检验了SARS为代表的重大公共卫生事件对保险需求的影响。实证结果表明,SARS疫情对于当年人身保险需求和财产保险需求均无显著影响。在供给端,采用识别—评估—应对的风险管理流程分析法,研究了新冠肺炎疫情对保险供给带来的挑战,包括:生物安全灾难成为保险业面对的第四类灾难;生物病毒风险引发系统性风险向非系统性风险的转化;保险业可以通过设计弹性保险产品和提供综合风险管理服务来应对有关风险。
Major public health emergencies such as the COVID-19 pandemic may have effects on both demand and supply in the insurance sector.To examine the demand side,an empirical test that employed the difference-in-difference(DID) method and the difference-in-difference method based on propensity score matching(PSM-DID) was conducted on a set of 554 samples taken from 277 cities for 2002-2003 to examine the effects of major public health emergencies,represented here by the severe acute respiratory syndrome(SARS),on demand for insurance.The results showed that the SARS outbreak had no significant effects on the demands for life and property insurance in the sample period.For the supply side,the identification-evaluation-response risk management process was used to assess the challenges the COVID-19 pandemic brought to the supply of insurance.The results suggest that biosafety disaster has become the fourth category of disasters that the insurance sector must face;the biological virus risk resulted in a shift from systemic risk to nonsystematic risk;and the insurance sector could respond to these risks by designing flexible insurance products and providing comprehensive risk management services.
作者
杨霞
王百川
李毅
Yang Xia;Wang Baichuan;Li Yi(Economics and Management School of Wuhan University,Wuhan 430072,Hubei,China;School of Finance,Hubei University of Economics,Wuhan 430205,Hubei,China)
出处
《金融经济学研究》
CSSCI
北大核心
2020年第3期28-39,共12页
Financial Economics Research
基金
教育部人文社会科学研究青年基金项目(15YJC790130)。
关键词
公共卫生事件
新冠肺炎疫情
中国保险业
第四类灾难
系统性风险
public health emergencies
COVID-19 pandemic
China’s insurance sector
the fourth category of disaster
systematic risk
