The Research On The Issue Of Chinese Insurance Fund Invested Into Home Stock Market

In recent years,Chinese insurance market has increased rapidly.In 2008, the insurance premium revenue of China reached 978.41 billion yuan,increased by 39.1 percent greatly higher than GDP growth over the same period. The number of the premium revenue which can be invested is huge, and the stock market become an alternate place for the insurance fund to invest into. The characteristic of insurance fund determines that when investing, it should adhere strictly to the sequence of safety, profitability, liquidity. However, the period of direct investment for the insurance company is quite short, morever home stock market is not mature enough yet which unlike the stock market of developed country. Somehow, Chinese stock market is heavy speculative. As a result of that, it is very importment to research on the issue of Chinese insurance fund invested into home stock market. Firstly, this paper starts with the current situation of the insurance fund investment of China and foreign countries. Secondly analysis the existing problems of Chinese insurance fund invested into home stock market. Thirdly, this paper compares the feature of the investment of insurance fund in United States, the United Kingdom, Japan, South Korea. Finally, this paper suggests that in order to improve the investment performance of insurance fund, we must reform the IPO system, strengthen supervision, insist institutionalization, broden the channel of insurance fund investment and improve human capital management.