我國巨災(zāi)保險風(fēng)險證券化立法問題研究.pdf

1、湖南大學(xué)碩士學(xué)位論文我國巨災(zāi)保險風(fēng)險證券化立法問題研究姓名：謝小東申請學(xué)位級別：碩士專業(yè)：經(jīng)濟法學(xué)指導(dǎo)教師：劉定華20090420碩’1學(xué)位論文—置■暑皇皇鼉皇■—鼉皇暑蘭曩—E暑曩皇詈詈詈皇—皇暑蘭皇詈暑詈昌皇—皇昌詈皇皇鼉—暑毒暑昔詈詈昌E鼉ii一——一————I置詈詈詈昌皇墨皇皇皇暑暑拿詈暑罩詈置置E詈魯AbstractThesecuritizationofcatastropheinsuranceriskisonthebasiso

2、fassetsecuritization，butitismorecomplexandadvancedthanassetsecuritizationThesecuritizationofcatastropheinsuranceriskthatcantransferinsurancerisktothecapitalmarketbyissuingfinancialsecuritiesisatechniqueofassetsecuritizat

3、ionThefirstelementisthefinancialengineeringthatthecashflowwillbe’’packaged”ordismantled，andfinallyconvertedintocatastropherisksecuritizationThesecondelementisthecapitalmarketthatisthefinalcatastrophicrisktransactionsreci

4、pientsFormthelaw，theassetsofthecatastropheinsurancerisksecuritizationisessentiallyaclaimInessence，catastropheinsurancerisksecuritizationisawayofstructuredfinance，whosecoreistoestablisharigorousandeffectiveframeworkforthe

5、transaction，andtheframeworkofthiscomplextransactionmustplayadecisiveroleintheprocessofthecatastropheinsurancerisksecuritizationComparedteinsuranceandotherfinancingmethods，catastropheinsurancerisksecuritizationhasitsuniqu

6、echaracteristicsandadvantagesHoweverbecauseofthelackoflegalsystemsoftheourcatastropheinsurancerisksecuritization，theimperfectcapitalmarkets，theunsoundfinancialsystem，coupledwithitsownparticularityofcatastrophicinsurancer

7、isksecuritization，thesecuritizationofcatastropheinsurancesystemhasmanypracticalproblemsandlegalobstaclesTocopewiththerisks，wemustdomoreresearchaboutassetsecuritizationWemustlearnfromforeignexperienceandlessonsinordertobu

8、ildChina’ScatastropheinsurancerisksecuritizationlegalsystemInthelegalsystem，wemustletlegalnatureoftheassetsecuritizationclear，makethelegalstandardsofrealsalessureandmakethelegalstatusoftheSPVclearOurassetsecuritizationle

9、gislationshouldfocusonthethreefollowingquestionsFirst，theprovisionsofthebuildingoftheSPVmustbeinthelaw，involvingtheorganizationalforms，businessscope，operatingprincipleandbuildingamechanismfornonbankruptcySecond，thelawmus

10、tmaketherealsalesclearThescopeofassets，securitiesandassettransfersandthecriteriaofrealsaleshouldbeinvolvedinthelawThirdThesecuritizationofcatastropheinsuranceriskmustbesupervisedandmanagedAndwemustmakethestatusofregulato