Abstract:Earthquake disaster is one of the most serious disasters, which may result in heavy ca-sualty and economic loss. Earthquake insurance has become the important way to manage significant disastrous risk in developed countries. Among them, the manage model of earthquake insu-ranee in Japan has its distinguishing feature. But in China, as a socialized system for disaster loss allocation, insurance has not played its constructive role. In this paper, the allocation mechanism of earthquake disaster loss and earth- quake insurance model in Japan are introduced. The current allocation mechanism of earthquake disaster loss in China is analyzed also. Learning Japan＇s experience as reference, the suggestion for constructing China＇s earthquake risks transfer mode is presented, it should include the role of government, the devel- opment of insurance market and the idea of calamity-stricken people.
