Analysis And Research On Finance Status Of Life Insurance Corporations In China

Chinese insurance has been developing continually and rapidly since insurance business had been resumed in 1980. From 1990 to now, the income of life insurance has been developed rapidly with the speed of 36% each year, and from the middle of 1990' s to 2003, this period is Chinese insurance' s fastigium. But Chinese life insurance has some abuses hided under the highly increasing speed because of the immature insurance' s market and the poor technology of management. Chinese insurance was in hot water in 2004 under the pressure of the foreign capital insurance corporations. The dissertation introduces the whole finance status of Chinese insurance, dissertates the insurance corporations' technology and methods of assets-liability-management, puts forward a integrity and reasonable financial indexes system combined fact at the base of primary productions. The dissertation analyzes the basic financial ratios, introduces the Du Pont model to insurance and applies Factor Analysis method to analyze the solvency of the life insurance. The results in the dissertation indicate that the finance status of Chinese life insurance is not well. It has some problems, for example, poor solvency,high financial management risk and low incomes. At last, we put forward suggestions on how to perfect whole mechanism of Chinese life insurance.