Research Article
The Linkage Relationship Between Commercial Insurance Performance and New Urbanization
@INPROCEEDINGS{10.4108/eai.18-11-2022.2326778, author={Cuiying Pan and Haiyun Liang and Daxing Zhong}, title={The Linkage Relationship Between Commercial Insurance Performance and New Urbanization}, proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China}, publisher={EAI}, proceedings_a={ICEMME}, year={2023}, month={2}, keywords={new urbanization commercial insurance performance var model}, doi={10.4108/eai.18-11-2022.2326778} }- Cuiying Pan
Haiyun Liang
Daxing Zhong
Year: 2023
The Linkage Relationship Between Commercial Insurance Performance and New Urbanization
ICEMME
EAI
DOI: 10.4108/eai.18-11-2022.2326778
Abstract
With the steady progress of urbanization in Guangxi, the performance of the commercial insurance market is gradually rising. Guangxi's commercial insurance reform not only made up for various risk losses in the process of urbanization in Guangxi, but also promoted the integrated development of Guangxi's urban and rural economy. This article mainly uses the VAR model to conduct an empirical analysis on the interrelationship between urbanization and commercial insurance development in Guangxi. The results find that there is a long-term equilibrium relationship between the two. The development of commercial insurance is to reduce the urban-rural gap and promote urbanization in Guangxi. In addition, the development of urbanization has promoted the development of commercial insurance.