Research On Equity Network Of Huaxia Life Insurance Company

Although the development of insurance industry started relatively late,China’s insurance industry is in a stage of fast development,and has achieved rapid growth in terms of premium income and asset size.The premium income in the insurance market has ranked second in the world,and the gap with developed countries is constantly narrowing.As a major part of the financial market,insurance is increasingly prominent in maintaining social stability and promoting social development.On the one hand,the rapid development of the insurance industry has attracted the rapid influx of social capital and foreign capital.On the other hand,as an important institutional investor,insurance companies are becoming more and more common in external investment,and the equity relationship of insurance companies presents an obvious "networked" feature.Under such a background,it is no longer enough to carry out corporate governance of insurance companies only from the perspective of the internal equity structure,and it is urgent to pay attention to the relationship of equity.Affected by factors such as limited focus and difficulty in obtaining information,existing studies mostly focus on listed companies.The studies focus on the impact of equity relationships between listed companies,such as business performance and risk taking.But there is a lack of research based on the perspective of insurance companies.The complex network method is widely used because of its outstanding contributions in the field of natural science.However,in the field of insurance,it only focuses on the research of reinsurance network.Therefore,Huaxia Life Insurance Company,which was recently taken over,was selected for research to fill the research gaps in related fields in this paper.On the basis of theoretical analysis,in the paper,the method of complex network is introduced into the research on the equity governance of insurance companies.This paper takes Huaxia Life Insurance Company as an example,and analyzes its operation and equity changes.Then the paper constructs its equity association network,finds the key nodes of this network,and further analyzes the key nodes.The results show that the key nodes found by the network may have different types of risk events in the actual operation process exactly including highly leveraged investment,implicit holding and so on,which further verifies the effective role of the network method.Based on this,this paper finally puts forward corresponding suggestions from the aspects of strengthening the effectiveness of supervision.