On The Use Of Risk Management Of Insurance Funds In China

With the use of insurance funds from bank deposits, treasury bonds to buy back business, securities investment funds, corporate bonds, infrastructure projects, the use of insurance funds increasingly is becoming academic and industry focus. The past 20 years the use of insurance funds in China has been in exploratory stage, for real estate, business loans, the formation of a number of blind investment in non-performing assets, to the national finances, consumers huge losses.The use of risk management of insurance funds is the insurance business a top priority. The current structure of China's unreasonable use of insurance funds, and insurance funds to match assets and liabilities using the risk management system are not quite reasonable. Insurance companies credit rating mechanisms are not yet perfect, the use of internal management system, insurance funds need to be further improved. Use of insurance funds for the current status and problems of the proposed comprehensive risk management theory is a useful attempt this. On the use of risk management of insurance funds, should consider the establishment of multi-level risk management system that is established by the macro-risk management mechanism, in view of the risk management mechanism, micro risk management mechanism consisting of three levels of overall risk management system. The macro level of government as the main regulatory agency, starting from the laws and regulations, supplemented by administrative way of administrative means; the point of view of level is social point of view,include credit rating agencies, trade associations and other social institutions, constraint specification of insurance funds; micro-level of risk from insurance companies to prevent and control the internal angles, to enhance the use of risk management of insurance funds.Reference (American International Group) AIG's lesson, take preventive measures, to strengthen risk management for China's insurance industry is essential. Through the use of insurance funds in China market risk, credit risk, asset liability matching risk, governance risk and operational risk, etc., proposes a macro-regulation, in view of monitoring micro-control mechanism to prevent the overall risk to comprehensively strengthen risk control to fill the current risk management and control one-sided in a state of investment for insurance companies to provide a practical basis for risk prevention.