Risk Management Of Insurance Enterprises Investing In Continuing Care Retirement Community

China’s elderly population growth process is accelerating,the traditional pension method to the government and family as the main body,this pension method will not be able to meet the future gradually increasing demand for pension services,socialized pension has become a new trend,under the new situation insurance funds investment faces new opportunities.Taikang Insurance is one of the earliest insurance companies involved in the field of pension communities in China,and the most mature development at present,its market positioning,operation mode,risk management,etc.have a strong typicality and representativeness,and its investment and construction of Taikang Community Shenyuan is located in Shanghai,as the first city in China to enter the aging society,Shanghai is also one of the cities with the highest degree of aging population in China.At present,the domestic research on insurance companies’ investment in pension communities mostly focuses on the operation model,and pays less attention to risk management,in this regard,this paper takes Taikang Community Shenyuan as an example and focuses on the risk management of Taikang’s investment in pension communities.This paper uses the case analysis method to analyze the background of insurance companies’ investment in elderly care communities,including the current situation of elderly care services in China,the diversification of investment methods,and the process of insurance companies deploying elderly care communities.Introduce the content of Taikang Community Shenyuan elderly care services and investment operation mode;The theory of welfare pluralism is used to study the motivation of Taikang’s investment in Shenyuan.Secondly,with reference to the risk management process in risk management theory,the risk factors of Taikang Community Shenyuan are identified,and on the basis of risk factor identification,the analytic hierarchy method is used to construct four judgment-level risk indicators of policy risk,market risk,operation risk and reputation risk,and the risk indicators of the decision-making level are determined according to the affiliation relationship to form multi-level risk assessment indicators,and the fuzzy comprehensive evaluation method is used to conduct comprehensive risk evaluation for Taikang Community Shenyuan.Through this paper,it is found that:(1)The current situation of insurance fund investment in pension communities in China is relatively stable and there is room for sustainable development.(2)Operational risk accounts for the largest proportion of risk index structure,and in theory,insurance companies should pay more attention to the risks faced in the operation of pension communities.(3)The overall risk level of Taikang Community Shenyuan is moderate,and it is more vulnerable to policy changes in the practical operation of insurance companies investing in pension communities.Finally,it is suggested that with the development of pension communities based on insurance enterprises,it is necessary to explore the insurance investment pension community model and risk management system suitable for China in the future.