Analysis And Evaluation Of The Financial Performance Of Listed Insurance Companies

Since our country restarted its insurance business in1980,The development of insurance rate ismuch higher than the GDP growth rate, but with the insurance company premium scale promotion, atpresent the insurance company orgnaization is giant, personnel is numerous, industry environment isrelatively confused, not only afford to guarantee the healthy development of the national economy of theshock absorber and stabilizer of the task, and in the community the image is not very good, therefore, theinsurance companies how to restore image, enhancing internal strength and self-cultivation, improve itsperformance management ability become the company’s development priority among priorities. As of2005,foreign insurance companies began to enter China, foreign capital management level and managementability is generally higher than Chinese insurance company, foreign insurance company with strongcompetitiveness, Chinese-funded insurance companies began to be vigilant in peace time, adjust businessstrategy, and gradually from the extensive management to intensive management change, benefit. Atpresent, the insurance company competition is not directly demonstrated in the premium income, but theoverall performance of the competition, the performance will have a direct relationship to the insurancecompany’s of vital importance. Therefore, the science of insurance company performance, especially thefinancial performance analysis, find out the problems and deficiencies, proposed solutions, have certainrealistic meaning and theoretical meaning.This article from the nearly60home property insurance company selects4listed insurancecompany financial statements as a sample, select the more representative of the15financial indicators ofthe4listed insurance companies financial performance by item analysis and evaluation, and the use ofefficiency coefficient method for the4property insurance company2011financial performancecomprehensive evaluation, and then select the currently occupies the monopoly of Peoples InsuranceCompany of China in recent years of financial statements, using the same15financial indexes, each indexon the development trend of the past several years were analyzed and evaluated, according to the analysison the people’s insurance financial performance to carry on the reason analysis, finally puts forward theproposal. The first chapter is introduction, first of all to the Chinese insurance company’s developmentsituation and existing problems of financial performance evaluation as the background, the researchpurpose and significance; secondly, to domestic and international evaluation theories are analyzed anddiscussed, and then the insurance company financial performance evaluation theory and practice experiencethe latest research results are analyzed; finally this paper uses the research method and route. The secondchapter on the concept of performance are studied and defined, and then introduces the enterpriseperformance evaluation of the5important theory, finally, according to the need to choose4performancemethods are introduced and discussed. The third chapter is in pair of our country insurance industrydevelopment present situation research and Analysis on the basis of insurance companies, selected15representative financial performance indicators of4listed insurance company2011financial performanceis analyzed and evaluated. And the efficacy coefficient method is used on the4listed insurance companiesto make comprehensive evaluation. The fourth chapter is on Chinese insurance property insurance for casestudy, on4listed insurance company performance analysis and evaluation on the basis of industry,selection of representative Peoples Insurance Company of China to use the same15financial indexes, eachindex of its recent development trend analysis and evaluation. Chapter fifth combines company of theactual operating conditions to analyze the influence factors of the financial performance, and try to putforward the development countermeasure of improving financial performance. The sixth chapter is theresearch summary and outlook, firstly this paper summarized, then it points out that the main innovationpoints and limitations, and directions for future research.The innovation of this article is: will the efficacy coefficient method is applied to thecomprehensive evaluation of financial performance, construction of the property insurance companyfinancial performance analysis and evaluation of new ideas; in addition to the Chinese insurance financialperformance of separate analysis and evaluation, reveals the influence financial performance reasons, putforward the related proposal, there are benefit and improve its financial performance management level.