The Latest Development of Sports Insurance and Sports Insurance Development Path in China
International Journal of Sports Science and Physical Education
Volume 3, Issue 4, December 2018, Pages: 49-54
Received: Nov. 13, 2018; Accepted: Dec. 10, 2018; Published: Jan. 4, 2019
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Authors
Jing Guan, School of Insurance and Economics, University of International Business and Economics, Beijing, China
Guojun Wang, School of Insurance and Economics, University of International Business and Economics, Beijing, China
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Abstract
The concept of sports insurance first appeared in the early 20th century and since then it has made great progress in the developed countries. China, the largest developing country, is at an initial stage of its development. This paper summaries key characteristics of the latest development of sports insurance products in developed countries and then introduces different types of sports insurances in China and their respective issues. Finally, some suggestions from two major dimensions of sports insurance which are: demand and supply, are provided in order to break the development bottlenecks of sports insurance system in China and also provides reference for other countries whose sports insurance development is in the same stage as China.
Keywords
Sports Insurance, The Latest Developments, Development Path, China
To cite this article
Jing Guan, Guojun Wang, The Latest Development of Sports Insurance and Sports Insurance Development Path in China, International Journal of Sports Science and Physical Education. Vol. 3, No. 4, 2018, pp. 49-54. doi: 10.11648/j.ijsspe.20180304.11
Copyright
Copyright © 2018 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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