Research Of Investment Portfolio Model On Insurance Funds

The balance development between insurance business and insurance funds operation is the important character of modern insurance industry. Insurance funds operation has become the important part of modem insurance company's being and development. Therefore, Insurance funds must be operated and managed scientifically and properly in order to make the insurance company developing continually and steadily, and strengthen the abilities of compensation. However, most of domestic insurance companies blindly pursued the increase of insurance business, and neglected the insurance funds operation. The end of the WTO transition period, the foreign insurance company growing, the pressure of the insurance funds, and the interest risk, made the insurance company's being and developing unsteadily.This article summarized the limitation, imminence, importance, the composing, the principia, the role and the meaning of the insurance funds operation; analyzed the actuality, the puzzle of the insurance funds operation. And then the article analyzed the gap of the insurance funds operation with the developed country. After Introduced the Tobin's Assets Combination Theory, the Markowitz's Funds Operation Model, and the Capital Market Theory, we analyzed the character of each model and pointed the applicability. And we developed the Markowitz's Funds Operational Model to suit for the character of an insurance company, and gave a method to solve the model with software. In the last character, aimed at China Life insurance company, the article analyzed the operation mode of the fund; compared the data that China Life invested to the market and the research's result; bring forward an available mode for the funds operation. The conclusion of this article table a proposal to the insurance company like China LifeInsurance company have to pay attention to the operation of the insurance funds and the management of risk, in order to promote the circulation of the funds, promote the competitive of the company, protect the benefit of the policy holder. Insurance company should absorb the successful experience in developed country; combine with the actual situation of China, to achieve a higher win.