China Life Insurance Company Performance Analysis And Countermeasures

The life insurance is the money market important financing way,meanwhile may enlarge the job position,stable social life,have positively,important influence to the entire national economy development.At present there are many problems in Chinese life insurance industry such as weak management,management idea backwardness,efficiency low and so on.This article through appraises Our country Life insurance Company's achievements, analyze the key aspects of achievements influence,seeks the effective means to control achievements,provides the guidance for the company achievements' enhancement, provides the theory and the demonstration basis for the policy-making of our country life insurance industry development.First the research method of life insurance industry achievements is determined. Because the DEA method has the ability of processing multi-input-output problem, simultaneously may obtain the useful management information.Therefore,this article chooses the DEA method as achievements analysis method,and expounds its origin,the principle,the step.Then,according to the Chinese life insurance industry's actual situation as well as the research goal of this article,this article analyzes the DEA model's selection,the design of indexes,data collection.Using CCR model and the BCC model of the DEA method, according to the scale,the proprietorship nature,the establishment age,the region and so on several aspects from the synthesis efficiency,the technical efficiency,the scale efficiency's angle,the achievements of Chinese 16 life insurance enterprises is researched separately in year 2006.Then study expands to the multi-time situation,the technical efficiency and the entire essential factor productivity change of Chinese Life insurance Enterprise during certain years are researched by utilizing Malmquist methodology.Finally,the related countermeasure which can enhance Chinese life insurance industry achievements is elaborated comprehensively from several aspects such as improving the life insurance fund operation efficiency,improving the life insurance market mechanism,improving the industry business efficiency,carrying out life insurance company risk management.