Study On The Solvency Of XH Insurance Company Under The Grey Theory

After decades of rapid development of China’s insurance industry,the premium income is growing continuously.The rapid development of the insurance industry also reflects the strong solvency of insurance companies,because solvency affects the life and death of insurance companies,strong solvency is the premise and guarantee for the sustainable development of insurance companies.If the insurance company want to protect the interest of insurant,insurance company must have enough solvency.Insurance is a kind of high-yielding industry,which will not only make the insured suffer economic losses,but also cause the fluctuation of the financial industry,and even impact the stability of the economic and social development of the whole country.Therefore,the solvency of insurance companies is an important condition to ensure the stable and sustainable development of a company.Based on the theoretical basis of financial management and insurance supervision,and taking XH insurance company as the research object,this paper makes a comparative analysis on the current operating status and solvency status of XH insurance company.It focuses on the analysis of the influencing factors restricting the solvency of XH insurance company.List the current solvency problems of XH insurance company.After the preliminary arrangement of the data,it takes XH insurance company as a system and applies the grey correlation analysis method in the grey theory,taking the insurance solvency adequacy ratio as the reference sequence and the other 11 influencing factors as the comparison sequence,the grey correlation sequence analysis was carried out.Finally,the correlation ranking results are analyzed to reveal the influence of financial indicators on the solvency of the life insurance company,and the GM(1,1)model in grey theory is used to predict the development trend of the solvency of XH insurance company.And analyzing the reasons and put forward effective improvement Suggestions to XH insurance company.This research has important theoretical value for the sustainable development of XH insurance company.At the same time,for its solvency optimization and improvement,and has certain reference significance.