Research On The Legal Supervision Of Insurance Fund's Investment

The insurance fund investment refers to the activities of the insurance fund that the insurance company accumulates in the operation process,which is used for financing or investment to increase the value of the insurance fund.The application of insurance funds not only relates to the profit and loss of the insurance company itself,but also relates to the solvency of the insurance company itself,and even affects the stable development of the whole insurance industry.Since 1984,our country to carry out the use of insurance funds,expanding the scope of the use of insurance funds can invest in,from the state-owned stock to the stock market of real estate investment,but the resulting problems appear constantly.With the rapid expansion of the insurance market in recent years,the insurance industry has accumulated a lot of high-quality funds,and the insurance company has gradually become the leading institutional investor in the capital market with its capital advantage.After the "stock market crash" in 2015,the application of insurance funds has become A hot issue in the field of financial investment.insurance fund investment need to follow the principle of safety,liquidity,profitability and diversity,the use of insurance funds can be in the form of a variety of,the use of insurance funds can expand insurance company in the area of development,improve the economic benefit,special agent ACTS as the insured savings investment,increase the total supply of social capital,social risk,promote social and economic steady development,guarantee the stability of the economy.But the use of insurance funds will appear in the process of investment risk,the investment of listed companies operating risk,internal risk and other uncertain factors,further analysis of the insurance supervision mode of our country should be from the "regulated" to"functional regulation",and establish a risk based on the basis of the second generation of solvency regulatory system concept of prudent supervision.Since the reform and opening up,China's legal supervision over the use of insurance funds has experienced a gradual and standardized development path.The use of insurance funds from strict supervision to gradual release,from allowing only bank deposits and government bonds to allowing entry into the market,has broadened the scope of the government's use of insurance funds.Under this background,this paper tries to from a legal point of view to demonstrate to strengthen the necessity of the use of insurance funds supervision for insurance companies,and combining the knowledge of economics and finance,argument for the master of the scale of the legal regulation of insurance funds,reasonable avoid hidden risk,for the sustained,rapid and healthy development of insurance industry and bring forward comments and Suggestions.This paper analyzes the definition,principle,form and significance of insurance funds,and analyzes the various risks in the application of insurance funds.Analysis our country's insurance supervision way should be from the "regulated" to "functional regulation",and establish a risk based on the basis of the second generation of solvency regulatory system concept of prudent supervision.Comb in the use of insurance funds in China's historical development,the article USES the method of data analysis to find out the problems in the using process,summarizes our country for the regulation of insurance funds from no to have experienced a process of development from tight to loose.Summarized the legal supervision system for the use of insurance funds still exist in the legislative level is too low,lack of legislation for the use of insurance funds of corresponding regulation,regulatory problems such as excessive regulation.Through to the other countries the status of the use of insurance funds and legal regulation mode to compare and contrast,analysis and comparison the United States,Britain,Japan and other countries of the rationality and limitation of the regulation of insurance funds,summed up the money management skills need to be strengthen,excessive dependence on government bonds makes the income growth,hypercorrection of regulatory reform causes of insurance funds utilization ability limit such conclusions are obtained.For the above problems,our country should start from two big directions at present.Should strengthen the construction of Chinese legal system for use of insurance funds,with the "insurance law" as the center,the establishment of the insurance investment effective special regulations,shall be carried out in accordance with the different nature of the insurance funds separate legislation,draw a distinction between life insurance funds and the use of insurance funds,to change the current use of insurance funds is given priority to with administrative rules of law,establish and improve the use of insurance funds make the main body qualification system,improve the use of insurance funds supervision system of legal responsibility,form a complete legal system of insurance fund use.Secondly,in the construction of the legal system,the effective and complete supervision level should be formed to play the role of the management association so that the participants can communicate well.For the use of insurance funds risk orientation centered dynamic regulation,apply through supervision and information disclosure system,play the role of regulating the law,in the use of insurance funds control within the scope of security at the same time,in the use of insurance funds within the existing framework of innovation and development to provide enough loose degree.