Life Insurance Industry Underwriting Of Risk Aversion

This is the "industry-based adjustment of industrial structure and asset restructuring" (State-funded subject) sub-topics of research results.With the end of the subprime crisis, financial risk by the world's attention once again, the major financial firms to avoid the risk of becoming a reasonable business one of the main objectives. Which life insurance industry as a special financial sector, financial sector plays in the leverage of risk aversion. So for the life insurance industry is, if we can prepare for risk identification, make reasonable avoidance strategy, the development of the financial sector will contribute a great deal to promote, and strengthen the other financial companies against the risk of strength.For the life insurance industry, the main business is insurance business, so this paper to study the life insurance industry underwriting business object, the main risk factors in its analysis, the Langfang Branch of China Life case study for the unit. Life on Langfang Branch of case studies, drawn five major risks facing the insurance business, then corporate governance and internal control from the perspective of risk avoidance.This study approaches: first analysis of the life insurance industry in recent years of development background, particularly in the subprime mortgage crisis the most important, and financial risk management theory and regulation theory are summarized and an overview of the economy, analysis of life insurance industry in recent years, the development status of , summarized the major underwriting life insurance industry is facing the five risk factors, in this basis, for China Life from the Langfang Development of branch management and internal control perspective, avoidance of risk.This article in the context of the research to establish and improve internal control and corporate governance as the logical starting spots, business risk insurance life insurance industry research, described the financial risk management theory, put forward the concept of risk and risk aversion, on the United States and Britain How life insurance companies a reference for risk management research, the overseas experience with the actual situation of China's life insurance business combination, the use of case analysis and field interviews, in-depth Langfang Branch of China Life Insurance within the grasp of their overall business situation, its major business risks facing the study, a reasonable avoidance strategy. Conclusions of this paper, China's life insurance industry for underwriting business how to avoid risks to provide reference and guidance.