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The Economic Chain And Excepted Return Of The Insurance Asset Management Company

Posted on:2018-08-09Degree:MasterType:Thesis
Country:ChinaCandidate:X F ZhangFull Text:PDF
GTID:2359330515974357Subject:Insurance
Abstract/Summary:PDF Full Text Request
Insurance asset management companies can be described as buyers in the buyer,the business of them has grown rapidly in recent years.They attract more and more attention from the market.The insurance assets are managed by the insurance asset managers for centralized management and investment gains.For the insurance asset managers,it is better to get a long-term stable return.Then it needs a lot of energy to select a combination of appreciation and preservation in a number of economic chain companies' stocks.Domestic research on the predicted relation between the upstream and downstream companies' return is very common at present,but there is no much in the financial field while there is no one in the insurance asset management industry even.In the context of global economic integration,the simple corporate profit structure has been unable to reflect the result of the business operations in a certain period of time fully and clearly,economic analysis based on the perspective of economic chain has become a new research tool for all industries.This paper refers to the research conclusions of other areas,and apply the upstream and downstream companies' cross-forecast returns to the insurance assets management which belongs to the financial investment,then put the mathematical theory into the investment practice of the insurance asset management company,and find the law from the seemingly irregular insurance capital investment market operation.The construction of mathematical models will fit this law and the combination of mathematical models and investment strategies will predict the future trend of the insurance market,then guide the investment behavior of asset managers.First of all,on the basis of the existing research about customer segmentation,the article reclassifies the upstream enterprises of insurance asset management companies and sets up the upstream enterprise breakdown criteria based on whether the company changes the information,because the change of information leads to the change of stock price.The upstream customer type selection has gone through the transition from the screening to the selection process,to ensure the optimal allocation of companies resources,and to ensure that the insurance assets have got sustained gains.Secondly,on the basis of analyzing the current circumstances of insurance asset management company,to verify the feasibility and accuracy of the model by using the data from the sample and the outside the sample data and compare the empirical results with the empirical analysis based on panel regression model and cash flow analysis.To provide high investment performance methods for the insurance asset managers on the insurance company's economic chain level,manage investment actively,then find the right investment opportunities to obtain the expected investment income according to the predicted market trend.This paper makes an empirical analysis on the data of insurance asset management companies in China subsequently,the use of new customer segmentation and economic chain research can be more appropriate to predict the return of insurance asset management companies,we drew the conclusions that the cross-industry stock returns in each others' supply chain is economic-related,It is of great significance to guide the asset management manager's investment strategy based on cross-sector investment strategy which produce more obvious benefits.At last,in the light of the empirical study,the return of upstream and downstream investment portfolio of China's insurance asset management companies can be used to predict the return of stock and the return ofthe stock return in the next month,and to establish a more stable investment strategy based on this forecasting relationship and obtain a higher return on income,and then expand the model,predictable yields provide investment reference value for asset managers,but it is not the only reference policy for investment strategies,take more factors into condition is where the article can be explored.And ultimately to make the insurance asset management industry to complete the asset allocation,improve investment efficiency,meet the needs of asset and liability matching,improve the competitiveness of the insurance industry,improve the competitiveness of the insurance industry,increase the share of insurance industry in the financial market,and prevent the risk of loss of risk effectively.
Keywords/Search Tags:Insurance asset management, Excepted return, Customer segmentation, Panel data, Value-relevant information
PDF Full Text Request
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