Property Insurance Company Financial Management Risk Analysis And Countermeasure Research

Financial management is the core of the modern enterprise management,which hasbeen the focus of theoretical and practical circles. China’s insurance industry from the1979domestic business back in business so far,has gone through30years of development.Insurance companies have a rapid development from1979of one to2010of146, and theaverage annual premium income grew by more than20%. Especially during recent years,the insurance industry, the rapid development of the rapid expansion of business scale, hasdeveloped into a diverse pattern of state-controlled foreign investment, private businessstructure by a single planning system exclusive.Insurance and people are getting closer, more and more important position in thenational economy. However, compared with world standards, China’s insurance industry isstill in the development of the level. In2009, the world’s insurance density of$595.1,China is only1/5, ranking first in the world64,7%of the world insurance depth, ourcountry is not its1/2, column44in the world.There are many risks to a certain extent among the business scale and profitability ofthe industry as a whole and the insurance industry in the gap of the developed countries,especially in the insurance industry in the financial management of the financing,investment, capital operation, and income distribution, which affect the operation andmanagement level of the enterprise.The paper has a in-depth analysis in property insurance company’s financialmanagement risk analysis of the causes of risk in financial management from theperspective of property insurance companies, through which put forward targeted solutionmethods and counter measures in order to contribute to the property insurance thecompany’s financial management risk control and research,and promote the unique featuresof the property insurance companies to continuously improving their level of financialmanagement, to ensure that the property insurance industry to play a modern economy"booster" and social "stability".Property and casualty insurance company has its special characteristics of thefinancial activities.Because property and casualty insurance company operates risksassociated with the property: the cost of property insurance company workers, suppliers,the product cost in the event of a time difference, the performance general cost of theproduct in the past, and the financing of insurance premiums and the cost of property insurance company to meet future costs, the actual reality and the future cost-of-paymenttime.Property insurance company’s liability is different from other businesses.Theperformance of other companies liabilities manifestations are generally issued bonds orbank loans. However property insurance company’s liabilities mainly as a reserve,extracted from the premium income in order to cope with the subsequent periods of thedebts that part of the preparation, which is the remarkable feature of the property insuranceindustry difference with the and other industries.This paper mainly introduces China’s current development and regulatory status of theproperty insurance industry, learn from home and abroad Theory and Application ofpractice, through the analysis of property insurance company’s financial risk management,awareness and understanding of financial management risks, proper risk awareness,identify risks laws, control and reduce the risk of financial management, and constantlyimprove the level of property insurance company’s solvency. First of all, on the basis of thescholars on the risk of financial management, this paper discusses the content andperformance in the form of property insurance company’s financial risk management.Then,according to the characteristics of the property insurance companies, it discusses the causesof the risk of financial management in detail, and describes the existing the final stage ofChina’s property insurance companies facing financial management risks.Lastly,it putsforward counter measures and suggestions on strengthening the financial management ofrisk. Thesis discusses the risks of financial management by the way ofliterature,comparative analysis, case analysis and so on. The concluding sectionsummarizes the main findings, as well as the inadequacies of the entire article. This paperstudies mainly around property insurance companies’s financial risk analysis, which willcontribute to further improve the property insurance company’s financial risk management.