Research On Risk Management Of Real Estate Investment

China's insurance institutions to start a relatively late real estate investment in 20 09,the newly revised "Insurance Law" was introduced,only for the insurance funds into the field of real estate paved the way.Then the CIRC issued the relevant documents on investment in real estate,clearly defined the insurance funds project investment real estate specific rules,and further open up the investment space,and strengthen the risk control requirements.Although China's insurance funds in the real estate investment regulations continue to improve,but it is undeniable that the insurance funds into the real estate sector will still be the industry boom,regulation,macroeconomic fluctuations and other elements of the constraints,investment is extremely complex.China People's Insurance Investment Holdings Co.,Ltd.(hereinafter referred to as "PICC")is a wholly-owned subsidiary of China People's Insurance Group,which specializes in real estate investment management.In recent years,the macroeconomic downward trend is obvious,more and more competitive entities to participate in insurance funds real estate investment,in the face of many problems and challenges,improve and improve the real estate investment risk management mechanism has become the top priority of PICC sustainable development The It is not only the ability to separate the group's capital utilization risk,optimize the allocation of asset investment and enhance the profitability of PICC,but also improve the real estate investment risk management system of China's insurance institutions and promote the risk of insurance investment in China.Control of the improvement,is of great significance.Based on the above analysis,this paper adopts literature method,qualitative analysis method and quantitative analysis method,discuss the PICC Investment Holdings real estate investment risk management present situation,trying to find out the optimization method of estate investment risk management.First,introduces the research background,research significance,research methods and research status at home and abroad,clear the research ideas and research goals;secondly,on real estate investment and real estate investment risk related concepts,and introduces the theories of portfolio management,asset liability management theory and the comprehensive risk management theory,construction theory a solid framework;again,the people's Insurance Holding Company No.88 West Chang'an Avenue project as an example of fuzzy comprehensive analysis,find out the real estate investment risk management of the root cause of the problem;finally,combined with the PICC Investment Holdings real estate investment in various types of risk,starting from the three aspects of investment risk management system,professional investment the cultivation of talents and regulatory cooperation and efforts to put forward practical suggestions for optimization,PICC Investment Holdings real estate investment risk management to enhance the level of accumulation of practice Experience.It is found that PICC investment control has accumulated a certain amount of experience in real estate venture investment,which occupies an important position in real estate investment in china.But the west of Chang'an Avenue No.88 project as an example,take the fuzzy comprehensive analysis method of PICC investment holdings after the real estate investment risk management situation that liquidity and earnings risk,investment risk,risk,policy risk,system risk and credit risk is the insurance investment holdings real estate investment in the main risk.The causes of these risks include:Policy volatility leads to difficult management,credit risk can not be completely eradicated.For real estate investment risk management problems in the insurance investment holdings to a phased implementation of risk management measures,clear real estate investment from various sources of risk,ensure the response in the first time after risk,will minimize the negative impact of risk;two to speed up the construction of talent market system.And gradually improve the incentive mechanism,enhance the overall quality of talent investment,three to implement rigid flexible economic supervision system,strengthen the industry cooperation and supervision,enhance the supervision of internal and external cooperation and efforts to fundamentally.