The insurance market is the most direct risk market, because the objects of insurance transactions are guaranteed products, and insurance companies need to provide all kinds of risk protection for the insured, so one of the trading characteristics of the insurance market is risk, and the trading characteristics are liquidity, principle and luck. Fortunately, when signing a contract, one party to the contract is uncertain because of some behavior.

Characteristics of insurance market

1. The insurance market is a non-instantaneous clean market: a timely clean market refers to a market where both parties can see the transaction results immediately after the transaction ends, but due to the uncertainty of insurance risk and transaction luck, both parties can't see the transaction results for a period of time after the transaction ends, so the insurance market is not timely clean;

2. The insurance market is a special futures trading market: every transaction in the insurance market is a way for the insurance company to promise risk compensation, so the insurance company is equivalent to a special futures trading company and the insurance market is equivalent to a special futures trading market.