Chinese Life Insurance Responsibility Provisioning And Management

Generally, life insurance reserve is one kind of reserves distilled by the insurers for unwashed-up obligation of life insurance. Life insurance reserve is accumulated by insurance premium in order to perform insurance obligation unperformed, and is one kind of insurance fund in special money form, which is distilled for payment in future. Essentially, life insurance reserve is a liability. On one hand, it is central subject of life insurance accounting, and on the other hand, it is the direct base of solvency to an insurance company of life. So that, calculating and distilling it scientifically and abundantly is the ultimately mean to guarantee solvency of an insurance of life. As a result of above, calculating, distilling and management of life insurance reserve is very important to an insurance of life and its investors, the insured, and the supervisor.Now, we are constructing supervisory system of solvency of life insurance, have had some correlative rules, and have had certain criterion at the point of supervision, but we have less at the point of non-supervision.This article tries to find out shortcomings in the institution of calculating and distilling and management of life insurance reserve by the way of comparative study between China and the America. The author hopes that this article would contribute to the institution of calculating and distilling of reserve.The main content of the thesis including four chapters:Chapter one is liability and reserve of an insurance of life. An insurance of life has a specially liability, reserve. And among all kinds of reserves, life insurance reserve is the most central part. Presently, researchers of China don't know all kinds of reserves clearly, so the name and the definition of reserves are changing. Because of this, this chapter defines liability, reserve, and life insurance reserve. And following, the...