Research In The Measures Of Improving Life Insurance Investment Management Of China

The history of international life insurance has proven that life insurance investment is the mainstay propelling the reform and development of life insurance which determines the direction and fate of development of life insurance. In china, life insurance investment is just at initiative stage with the characteristics of immature external environment and incomplete internal condition. However, as our capital market keeps developing and foreign capital continuously flows into domestic insurance market, our life insurance industry enters the new time that opportunity and risk coexist and consolidation and reformation advance simultaneously. At this time, research in how to improve the life insurance management has not only theoretical meaning but practical value.This article absorbs some viewpoints of relative researches and does some research into how to improve life insurance investment management of china. This article can be divided into 4 parts and the outline of each parts is listed as follows:The part of introduction demonstrates the possibility and practicability of studying the issue to the point and puts forward two main topics: one is the improvement of the system of investment management and implement, the other is the establishment of the anti-risk system of investment risks.Chapter one discusses the issue of how to build up the mechanism of investment management and organization structure. According to the situation of life insurance of china, I think that the most suitable management system and organization structure should be power-decentralization-and-right-equilibriumsystem and departmental or complex organization respectively.Chapter two discusses how to enforce the life investment of china. Investment operation is the most fragile and important part of life investment system. Whether we can settle this problem or not will deeply influence the life investment management of china. Considering the realistic situation of china, this article puts forth some suggestion on how to expand the investment channel and optimize the investment structure. The suggestion includes such items as reducing the ratio of deposit investment, positively developing bond and security fund investment, opening up real estate investment and loan operation and so on.Chapter three discusses how to establish the anti-risk system of life insurance investment. According to the factual situation, I think that in order to establish the anti-risk system of china, we should set up the precaution system and internal control mechanism, train professional investment group and improve assistant facility with security, liquidity and profitability as basic principles, with the asset and liability management theory as main strategy and with modern investment theory as practical operation measure.