| Summary: | 碩士 === 銘傳大學 === 管理科學研究所碩士在職專班 === 92 === This research is inspired by the annulment of the restriction of insurance rate which was announced by Ministry of Finance on April 1, 2002. The Ministry of Finance asks insurance companies to have the insurance rate higher than risk rate. This is to make their insurance income increase, so they will not have financial crises because of the serve competition among them.
Being through many great disasters, like some terrible typoons in Taiwan and 911 in America, insurance companies seek for survival either with retrenching the capacity of reinsurance contracts or with getting strict control of the conditions of reinsurance contracts. These changes cause serious impact on insurance companies. Fubon Insurance Company achieves the leading position in Taiwan. This research tries to make a study of the core competence of Fubon. The study shows that the core competence of Fubon is its reinsurance ability, underwrite ability, data base, and the speciality of its people. Its core competence makes it be able to get good business and increase its markets through changing reinsurance contracts. Besides, the researcher also finds that the key to Fubon’s core competence is its control over moral hazards. So, Fubon can get reasonable underwrite profit.
From Fubon’s experience, we can learn that an insurance company can control moral hazards with its reinsurance ability,underwrite ability, and professional employees, and then it can create more underwrite profit.
This research is to study, through the investigation of the changes in fire insurance market, the competence which an insurance company should have.
|
|---|
