A Study On The Financial Risk Management Of Chinese Life Insurance Industry

Papers from the financial perspective to study the financial risk problem. After the collapse of the Bretton Woods system, the world economy appeared unstable situation, every decade will appear economic crisis or financial crisis.In 1997, the outbreak of the Asian financial crisis the bankrupt Japanese, Korean life insurance company, let us recognize that life insurance companies can also fail. U.S. subprime mortgage crisis has finally evolved into a financial crisis, leaving as the global insurance giant AIG that borrowed heavily to the government to spend its own crisis.In this crisis, people know the importance of financial risk management. Life insurance industry is the economic and social stabilizers, in the current financial crisis, the insurance company not only failed to play the role of stabilizer, but the financial crisis and contributed to the severity, so that people re-examine the financial risks facing the life insurance industry, so study of the life insurance industry faces the financial risk and its prevention measures is of great practical significance.This paper firstly examines the risk and financial risk, and analyzes the financial risks in China the characteristics, types and exploring the current facing the main financial risks.And from the depth of life insurance industry to prevent and resolve asset-liability matching risk, interest rate risk, investment risk and exchange rate risk measures and other major financial risks.Life insurance assets and liabilities matching risk is paid attention in China, it is also exploring one of the main financial risks faced.This paper expounds the definition of assets and liabilities management in China, method and the risk of assets and liabilities and suggestion does not match from life insurance securitization, supervision and administration of the mechanism, establish a rational assets and liabilities management system to cope with life insurance assets and liabilities matching risk.Interest rate fluctuation is now facing life insurance companies, the major risk factors of interest rate risk has always been with life insurance company.This article from the origin cause of formation, interest rate risk to life insurance company, interest rates and influence of measure, some Suggestions on financial products and enhance from innovation macroeconomic forecasting ability, interest rate marketization of interest rate risk Angle to guard against.Chinese insurance industryinvestment channels expand unceasingly, but traditional investment channels yields lower.This detailed analysis of the source of life insurance funds, investment channels, and problems, and concludes with the use of risk prevention and control of funds, supervision, improve financial markets and other areas to deal with investment risk.Our life insurance companies are faced with exchange rate risk, today in the post-Bretton Woods system, exchange rate fluctuations in the frequent, so that the life insurance company always faced with exchange rate risk. In the background of appreciation of the RMB exchange rate risk is inevitable.This article from the insurance exchange assets, influence factors and exchange rate risk exchange rate of the species, and finally to establish exchange rate risk awareness, accurate judgement of the international political and economic situation, using foreign mature financial market and perfect our country's financial market put forward measures to circumvent exchange rate risk.