The Analysis Of China's Insurance Investment Risk And The Research Of Its Controlling Measures

The acceleration of the unification process of the world economy and finance, on one hand, provides a chance for China's insurance industry to go into internationalization, but on the other hand, it also brings about a great challenge to China's insurance industry. Since the insurance industry was restored in 1980, our country's insurance business has increased at the speed of 35% every year. In the late 2005, the income from insurance fees of our country's insurance industry reached 492.73 billion RMB and the total assets of insurance industry reached 1500 billion RMB. Definitely, the status of the insurance industry in the whole financial system is becoming prominent day by day. Therefore, how to broaden the insurance investment channel, and achieve the proper links between the insurance funds and the capital market, is a realistic issue confronting the insurance industry, the negotiable securities industry and even the whole Chinese financial circle.The practice in those countries that have developed insurance industry demonstrates that the insurance company is one of the most important participators in the capital market, and the capital market has gradually become one of the important sources of profits for the insurance industry. Compared with the developed countries, China's insurance industry and capital market are both in the primary stage. With the increasing development of the financial market, the functions of the investment and merging capital of the insurance industry have become gradually evident; the investment profits will become the important supporting pillar of the Chinese insurance industry to compensate for deficits and enhance paying-back capacity. Currently, the insurance funds have been allowed into the negotiable securities market, involved in the construction of the infrastructure and the investment of the real estate, and the poly-investment makes the investment risk faced by the insurance industry increase dramatically. Thus, reinforcing the risk control on the insurance investment on the levels of macro-regulation and micro-management, and establishing and completing the management system of the investment risk of the insurance industry...