China Life Insurance Company Dividend Cash Flow Risk And Control Research

Participating life insurance has long history in the foreign developed country. The participating policy accepts preference by its anti-inflation function and conservative investment strategy, and it represents the equity relationship between two parties of insurance contract. In the end of last century, participating life insurance was imported, and it sales very well after appearance. From 2001 to 2003 the incomes of participating products increase every year. The participating product replace the station of traditional product become the main product of the life insurance company in our country. The appearance of participating product makes great sense of our insurance industry. Because of limit of the risk management capable of our life insurance company, the new product also encounters some problems. The sales of participating product decrease gradually after the year of 2004. This article tries to analyses the risk management problem of China from the aspect of cash flow.The cash flow likes the blood of company. life insurance company, whose process of cash flow is different from general company, runs by cash as the carrier, and the cash flow inflow the life insurance company after outflow. Abundance and efficiency of cash flow has determine meaning with the life insurance company, so to avoid the cash flow risk of life insurance company is very a important question for discuss.Participating product's cash flow running very complexly, because of the uncertainty of insurance payment,the quality of hypo-investment product,the change of running efficiency and environment of life insurance company, the cash flow of participating life policy deserves adequate recognition. Management participating product's cash flow risk of life insurance company becomes an important part of the management of this product.