The Investment Value Analysis Of Listed Insurance Companies In China

Since the opening of financial market of China, insurance industry has made great development and nowadays plays a more and more important part in China's securities market. For institutional investors and rational individual investors, it is a key challenge how to assess insurance company value and make a wise investment decision, especially in an emerging market like China.Macro economic and industry analysis is the first step for company value estimation. As a new and key industry, insurance industry has got strict regulation, but also got best protection in China. All the factors have a deep influence on insurance industry's strategy and future.PE(price earning ratio), PB(price to book ratio) and embedded value have been considered to be useful factors that could impact the value of the insurance company significantly in developed country as United States and West Europe. The study tries to apply these methods and base on the current situation of China, to give a reasonable value for China listed insurance companies.After quantitative analysis and qualitative analysis, the study gives the value estimate for China top three insurance companies and some investment advice in the future.