Research On Financial Risk Identification And Measurement Of Property Insurance Companies

With the development of the market economy,property insurance,as a debt-operated enterprise,is faced with more complex financial risks.Improving the ability to identify and measure financial risks has important practical significance for property insurance companies.In this paper,the representative of the property insurance industry enterprises,the people's insurance(property)company of China as an example,fully draw lessons from the existing theory and literature research,the financial risk identification and measurement,first calculate the case enterprise every year from 2014 to 2018 Z values and F value,combined with the calculation results of case enterprise financial risk analysis,combined with the case enterprise's actual situation,found that the z-score model is not consistent with evaluation results and the actual,this is due to the Z models ignore the cash flow,model based on samples of the enterprise,to our country's financial risk measures shall not apply,F value analysis,according to the results of The case enterprise is faced with low financial risk,but the financial risk has been increasing in recent years.Furthermore,the financial risk evaluation index system established by the fuzzy comprehensive evaluation method is further used to measure the financial risk of people's property insurance.It is found that the financial risk is increasing constantly,and the main reason for the increase of financial risk is the decline of the company's profit level and operation level.Finally,it proposes countermeasures and suggestions for property insurance companies to establish fund management mechanism,improve financial management model,strengthen financial risk early warning system and talent construction.The research in this paper helps case companies to have a comprehensive and accurate understanding of their financial risks.The proposed countermeasures help case companies to improve their ability to prevent and control the financial direction,and also provide a certain reference for other property insurance companies to identify and measure their own financial risks and take corresponding measures to deal with financial risks.