Research on Insurance Group Rating System of European and its Significance in Development

Longliang Wang (), Shu Miao (), Dong Cui (), Botao Hu () and Feifei Han ()
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Longliang Wang: CATARC (Tianjin) Automotive Engineering Research Institute Co., Ltd, Security Development Department
Shu Miao: CATARC (Tianjin) Automotive Engineering Research Institute Co., Ltd, Security Development Department
Dong Cui: CATARC (Tianjin) Automotive Engineering Research Institute Co., Ltd, Security Development Department
Botao Hu: CATARC (Tianjin) Automotive Engineering Research Institute Co., Ltd, Security Development Department
Feifei Han: CATARC (Tianjin) Automotive Engineering Research Institute Co., Ltd, Security Development Department

A chapter in Proceedings of the 2024 6th International Conference on Economic Management and Model Engineering (ICEMME 2024), 2025, pp 259-269 from Springer

Abstract: Abstract At present, China’s new energy vehicle exports to overseas markets are gaining momentum. In the first half of 2023, Europe became the region with the largest market share of Chinese self-owned brand new energy vehicle exports overseas. Among them, the UK and Germany are the countries with the highest sales volume of new energy vehicles. This paper mainly introduces the vehicle insurance group rating system of Britain and Germany. By organizing data and analyzing the strong correlation between the insurance rating and cost, it is demonstrated that the development and design of vehicle insurance ratings are of great significance for vehicle manufacturers to export overseas and even promote the cooperation and development between insurance and the vehicle industry.

Keywords: new energy vehicles; vehicle insurance group rating; vehicle export; new vehicle security assessment (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-690-1_25

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DOI: 10.2991/978-94-6463-690-1_25

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