Commercial Insurance Funds In The Socialist Market Economy Under The Conditions Of Operation And Supervision Of Research

With the twenty-year openness and reform of China, commercial insurance's development has been in a new stage with respect to its operational scale, asset quantity and ratio in the social economic aggregate. It's influence to the macro-economy and capital market increase, which tendency becomes more and more obvious with the deepening of socialist market and the openness of finance and insurance industry to the world. By the end of 2005, the total assets of insurance industry had amounted to RMB 1529.63 billion Yuan, 4.6 times that of 2000. Balance of insurance fund employed had reached RMB1409.27 billion Yuan, 5.6 times that of 2000, which has become the principal strength in the money and capital market, and has strongly supported the national economic construction and economic system reform.Owing to the decrease of direct insurance profit and even the loss, insurance fund operation has gradually become an indispensable buttonhole for the insurance operation.Although the form of Chinese insurance fund operation changed a lot during the last several years and the channels for investment widens a great deal too, there are some problems to be worth researching. Therefore, this paper brings forward some countermeasures and suggestions for problems existed in commercial insurance fund operation and its supervision on the basis of the insurance theory involved, experience from foreign counterpart and history of Chinese insurance fund operation, etc.