中央信托局举办的战时兵险为国内外重要抗战物资的运输及后方工矿生产事业解除了后顾之忧,使其得以安心运输与生产。大量兵险法规章则的制订与施行表明当时经济部门对管理规范化和制度化非常重视。战时兵险的运作充分体现了原则性与灵活性的高度统一,且与其他财经措施相互配合,产生了超出“保险”以外的稳定效应。国营、民营保险机构精诚合作,共同经营战时兵险。这种互利双赢的模式说明,民国时期国家资本与民间资本的关系除了基于利益矛盾的冲突,还有其他可能的面向,而这是学界以往所忽视的。 Wartime defensive warfare organized by the Central Trust Agency relieved the worries of the transportation of important anti-Japanese war materials both at home and abroad and the mining industry at the rear of the country so that it could be safely transported and produced. The formulation and implementation of a large number of rules and regulations for military and civilian insurance shows that at that time, the economic sector attached great importance to the standardization and institutionalization of management. The operation of wartime sold out insurance fully reflected the high unity of principle and flexibility and interacted with other financial measures to produce a stabilizing effect beyond the “insurance”. State-owned and private insurance agencies cooperate sincerely to jointly operate wartime shelter insurance. This pattern of mutual benefits and win-win shows that in the period of the Republic of China, besides the conflicts based on conflicting interests, there are other possible orientations between the relationship between state capital and private capital. This is neglected by the academic circles in the past.