Research On The Problems Of Chinese Commercial Insurance Fund Investing In The Endowment Industry

The impact of population ageing on us is far beyond our imagination,and countries have seen it as one of the most serious challenges facing us at this stage.The large base figure makes the growth rate and the degree of the aging population more obvious in China than in other countries.At present,the elderly population in our country is at a high level and is accelerating its growth,which is shown as early,quickly,age before it gets rich and the greatly numbers.The population structure change caused by the deeply aging will not only affect the economic and social changes,but also will imperfect the current social security system of our country,the imbalance of urban and rural development and the lack of various old-age facilities,all of these will brings great challenges to the subsequent development of the pension industry.But at the same time,we should also see that the emergence of the aging population will force the accelerated development of the pension industry in our country.It brings opportunities for the pension industry and social capital of our country.Therefore,the country has put forward the clearly requirements to deal with the aging of the population,to accelerate the construction of the old-age service system and to develop the old-age service industry.In recent years,with the opening and development of Chinese economy,the insurance industry has also ushered in a dividend period of development.The scale of insurance funds is growing rapidly,but with the large-scale funds in,put forward higher requirements to the use of commercial insurance funds,such as promoting the low rate of return and extending the narrow investment channels.Our government has promulgated various policies to support the development of the pension industry,which has also stimulated the enthusiasm of insurance funds invest in the pension industry.The pension industry in which insurance funds are invested has unique advantages.First,it can optimize the asset allocation of insurance funds and disperse interest rate risks.Second,insurance funds invest in the pension industry can extend the industrial chain of insurance companies for 20 to 30 years,which is conducive to the rapid and healthy development of the insurance industry,at the same time,it can ensure that the old industries have stable capital flows.Thirdly,it can enable insurance companies to assume more social responsibility,beneficial to perfect the construction of social security system.It has good economic effect and strong social effect to promote social harmony and stability.It is also an important innovation of business model.Since 2015,with the first insurance fund invest in the old-age real estate project put into operation,indicating that Chinese insurance fund investment in pension industry is also on the right track.?However,due to the later started,A series of problems have appeared in theprocess,such as the low occupancy rate of the old-age community,the slow development of the old-age service industry,and the homogeneity of the old-age finance,etc.In order to better the development of endowment industry in our country,it is necessary to analyze the present situation of investment,to measure investment feasibility through VaR model,draw lessons from the operation mode of foreign countries,and put forward corresponding countermeasures according to the actual economic and social situation of our country.