The Study On The Situation And Tendency Of Life Insurance Assets Allocation

With the rapid growth of the insurance industry, the scale of insurance companies'asset that they can usealso increased dramatically. At the end of Jan 2016, the original premium income in China reached to 637.67 billion Yuan, that is to say increasing 59.2% by the same time last year.The total assets of the insurance industry reached to 12627.72 billion Yuan, the insurance funds can be used to reach the scale of 11258.66 billion Yuan. The non-life insurance companies'total assets reach to 1903.9 billion and the life insurance companies'total asset reach to 10174.29 billion. From the data above, we can say that the insurance industry play an more important role in our national economy, and they are an more important institutional investor in our capital market.As the most important parts of insurance operation, the health of underwritingbusiness and investing businessare essential for insurance companies and even the insurance industry. The underwriting business provides a source of the use of funds for the expansion of the scale of insurance, the investment business provides premise condition for the premium appreciation and important guarantee for the maintenance of adequate solvency.Based on analysis the evolution of China's supervision related laws and regulations on the use of funds, and compared the difference between China's mainland USA, England and Taiwan of China on the supervision of using of investing funds.This thesis consists three parts and five chapters. The first part in the introducing and summarize of this article, in this part the author explained the background, purpose and value of this thesis, which also summarized the present studies in this field. The second part mainly discussed the situation of allocation of investment funds in insurance industry, and compared the difference between China and some main insurance markets in the word. The author deeplystudied theallocation of equity assetsfixed income assets in life insurance companies, and tried to find the tendencyand reasons of such changing in the third parts. The last parts of this article is the conclusion.The first chapter is introduction and literature review, the author introducing this study's background and value, analyzing the purpose of investing insurance funds and the study methods.Chapter 2 the analysis of insurance asset allocation. Based on analysis the evolution of China's supervision related laws and regulations on the use of funds, and compared the difference between China's mainland USA, England and Taiwan of China on the supervision of using of investing funds.Chapter 3 analysis on the allocation of equity assets.In this chapter, the author discussed the changing and tendency of supervision on insurance funds. And then studied this changing and situations of equity assets form the prospects on industry, listing insurance companies.Chapter 4 analysis on the allocation of fixed income assets.In this chapter, the author discussed the changing and tendency of supervision on insurance funds. Then deeply studied the situation and changing of some important bonds such central government bonds, policy bank bonds and corporate bonds. At the last in this chapter, the authors compared the difference between different life insurance companies.Chapter 5 the conclusion. In this chapter, the author conclude the key points in this thesis and discuss the tendency and changing of insurance funds allocation.