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应急资本是指当企业发生了特定事件陷入财务困境后,可以根据事先的承诺合同,以优先债务、优先股或次优先股等方式获得企业所需要的资本,又称为或有资本和承诺资本。从本质上讲,应急资本是在某些限定条件下筹集资本的权利,其并不是一个保险产品,而是一个结合保险市场和资本市场的整合性风险管理产品,其主要目的是要避免保险公司因缺乏可支配资金而导致的破产或对计划内投资项目产生的威胁,保证保险公司能够维持正常的商业运营。可以说,应急资本在一定程度上增强了保险公司的偿付能力,降低了保险公司资金成本,分摊了保险公司资本的风险,是保险公司风险管理的有效方式之一。同时,由于应急资本交易提供资本,
Emergency capital refers to the enterprise can obtain the necessary capital, also known as contingent capital and committed capital, according to prior promise contract, priority debt, preferred stock or sub-preferred stock when the enterprise has a specific event into financial difficulties. . Essentially, emergency capital is the right to raise capital under certain conditions and is not an insurance product but an integrated risk management product that combines insurance and capital markets with the main purpose of avoiding insurance companies Insufficient bankruptcy due to lack of disposable capital or threat to planned investment projects ensures that insurers can maintain normal business operations. It can be said that emergency capital to a certain extent, increased the solvency of insurance companies, reducing the cost of capital of insurance companies, sharing the risk of the insurance company’s capital is one of the effective ways of risk management of insurance companies. At the same time, due to the provision of capital for emergency capital transactions,