Basic Factors Influencing the Sustainable Development Capability of Chinese Property and Casualty Insurance Enterprises

摘要

Under the influence of financial crisis, the performance of Chinese property insurance enterprises keeps falling. The enterprises face the challenge of sustainable development. Based on capability theory, this paper analyzes the connotation of sustainable development ability; determines three main factors (capability resources, capability level and capability environment) and their sub-factors, lays out the structural model of the sustainable development capability of property insurance enterprises. In this model, capability environment is the basis and capability resources and capability level are the pillars. Through learning, enterprises can effectively combine capability resources and capability level，thus forms core competency.