The Research On Solvency Ability Risk Management Of X Life Insurance Company

China insurance industry has been developing rapidly.However,for many years of extensive development,it has created many kinds of risks.Therefore,the Insurance Regulatory Commission started The Second Generation of Solvency Supervision in 2015 and issued a package of policies to match it.All insurance companies are asked to establish a solvency risk management system to classify and manage risks.Solvency risks includes quantified risks and non quantified risks.Quantified risks are generally analyzed and controlled by the head office of insurance companies through establishing quantitative models,while non quantified risks,including operation risks,liquidity risks,strategic risks and reputation risks,are mainly judged by qualitative analysis and government regulatory evaluation.This paper is under the background.The reason for choosing X Life Insurance Company as the object of empirical research is that it has been established for several years,it already established many branches,it has a large team of marketing staff,the business performance is relatively stable,the obedience of law is at the average level of life insurance companies,and the risk management ability is a typical sample of life insurance industry.As the main body of life insurance business,provincial companies have the management responsibilities for their subordinate institutions at all levels,and are the main carriers of identifying and managing non quantified risks,including operational risks,liquidity risks,strategic risks and reputation risks,The analysis of provincial company risk management can evaluate the risk management system of the head office of insurance company.The risk events of the provincial company also can prove the defects and shortages of the risk management system.Based on the risk management of Yunnan Branch of X Life Insurance Company in 2018,this paper summarizes the improvement Suggestions from two aspects,which is concluded by the defects of the risk management system of the head office and risk management shortages of Yunnan Branch.Firstly,I explored the method to improve the defects of risk management system of head office.Secondly,I suggested how to improve ability to identify,analyze and deal with all kinds of risks in business activities for provincial company,so that making the head office's risk management system running more effectively,risk preference integrating into the management decisions and business activities of provincial company,and overall risk management ability sustainably arising.