The Organization Mode Of Insurance Investment And Countermeasure Research Of Chinese Insurance

The insurance investment is the investment activities the insurance enterprises undertaking to ensure the fund will be used in a way that the greatest economic benefits of the business are achieved. The insurance investment gradually becomes the leading power of the capital market. It is also the major long-line investment in the capital market. The disposition of capital will exert a far-reaching influence on the market. Insurance investment also plays an important facilitating role in the national economy. It improves the scale and efficiency of the transfer of the deposit money to investment funds. With a dwindling profit margin, insurance investment becomes the major business line of most of the insurance companies as well as improves the business value of these enterprises. The paper consists of 4 chapters. Foreword part explain the study purpose and meaning of insurance, the research method and structure of thesis etc... Chapter one of this text is a theory survey about insurance investment. Chapter two introduced organization mode, investment tool and restriction condition of insurance investment.The performance of the investing activities goes abreast with the organization of the particular activities. Based on different organizational form, the major investing mode is the specialization holding investment mode, centralized to invest mode; make investment by investment department mode, and the outside trust investment mode. The first mode helps diversify investment risks, but has higher requirements for the control of the holding on its subsidiaries; second mode can fully utilize the double risk-control system of the holding company, support stable business growth, but have a very high expectation in the people's abilities and skills. The advantage of the third mode is that the insurance company can impose stronger control on the insurance investment, but it is relatively riskier and the scale is limited, generally no economic scale achieved. The fourth mode implies a way of transferring the funds to a professional management company, but very risky, and the cost is relatively high. Generally, at present , the first mode is accepted internationally. There are different kinds of insurance investing tools. They are deposit, bond, stock, real estate, project investment, and money investment market etc. Along with the development of financial market, there emerged new financial investment tools, and the converting of new financial instruments to investment tools. According to the three major basic principles of insurance investment --Security , mobility , and profitability, bonds and security are still the main insurance investment tools at present. The simplicity and homogeneity of the insurance investment tools will expose the insurance investment to wild interest rate risks. Experienced the structural change from guaranteed return, deposit product and now the investing type, the reinsurance of assets taking up a bigger portion of the total insurance investments, and the capital market becomes a more important target for insurance investment. But still the insurance investment tool of our country seems limited and single. Revolving around the major investment activities, insuranceinvestment has many restriction terms. The operations objectives of the administration, ability and investment consciousness are directly restricting the developing direction of the insurance investment, whether there is adequate specialized personnel, decides the prospect of the insurance investment. At the mean time the insurance enterprises'own quality of management state can also directly affect the amount of insurance money used and the stability the activities undertaking. Insurance investment is also limited by a lot of external factors. The steady political environment is the first question concerning the investors, application and degree of realizing of insurance fund, depend very much on the policy condition at that time, at the same time one mature, complete, and active financial market is very important to insurance enterprises, legal system condition has restraints on insurance enterprise investment activity, also plays a regulating role at the same time. Chapter three study on investment operational mode of insurance in China.The depth and scope of the present capital market in our country is insufficient, the scale of the capital market needs further extension, and needs investors who can invest huge amount of money, stable investments such as systematic investors. Due to the rivalrous relationship between the insurance funds and the investments funds, it will be a better way to make the insurance company a shareholder or set up the security investment fund. According to present situation of our country, realize the joint of the insurance fund and the capital market will bring the unlimited development opportunities for the insurance investment, we should further the research on the insurance fund after the country became a member of the WTO.Develop insurance investment through capital market. In addition, new insurance products, the development and popularization of investment type insurance products will help to promote insurance investment. Based on the ground of the current situation of the development of the insurance in our country and the demand of capital market development, aim at the characteristics of the insurance fund, Set up the securities investment as the opening investment funds. Set up special fund management company. It has a very important meaning both on improving the current management situation of the insurance trade and advancing the development of capital market of our country The insurance products of investment type can be regarded as the connection the capital market and the debtor, it is a focal point of the international insurance enterprise, also an important component in the insurance investment. It takes a big proportion in the capital market, become an effective way to solving the repayment crisis and developing insurance investment in china. Consider the huge profit reduction and problem of insufficient solvency facing the country now, the investment insurance products are substituting the traditional fund chain-products gradually, especially such products as investment linking insurance. It will be the trend of the insurance products development. Chapter four proposed the countermeasure research of Chinese insurance investment. The organization mode of the insurance investment selected by our country should be coincident with the professional management expectancy,...