The Business Explore For Insurance Assets Management Companies

The domestic Insurance Assets Management Companies (hereinafter as "IAMC") originated from the in-house fund management center of the insurance companies and only have nine years development history. Given this background, the business of these IAMCs still heavily relies on the fund support within insurance system which restricts the survival and development of these companies. This is because:1) the development of IAMC now ties up with the insurance industry which is not good for the stability of these companies;2) the overdependence on insurance fund will increase the difficulties of asset-liability management and risk control for IAMC. Therefore, this industry will meet the challenges in the background of the current domestic financial reform.Based on the above problems, this article uses <The Business Explore for Domestic Insurance Asset Management Companies> as the topic which aims1) To improve the asset management capabilities for these companies. Based on the research to the root problems of IAMC, this articles will put forth the advises about the asset-liability management, risk management and the fund income enhancement;2) To provide cross-industry development solution. Starting from the products creation, this article will make research on how to expand IAMC’s entrusted business.The major content of this article is to make research on the industry status quo of IAMC and then raise the suggestions to improve the asset management capability and develop the cross industry business. This article is consists of three parts. The first part will overview the status quo of IAMCs and elaborates the importance of these companies. In the meantime, this part will also introduce the current business types of IAMC. The second part will deeply analyze the problems facing by the IAMCs in relate to the asset management and the explore of entrusted&intermediary business. The third part will then put forth the advices about how to improve IAMC’s asset management capability and explore the business upon the case study in financial industry.The characteristics of this article are that it embodies a lot of case studies and has the latest information&data from this industry. By integrating the theory and working experience, the author aims to put forth an article which has inspiration to the existing practice. The innovation point of this article is that it has proposed the solution of "cross-industry development".The proposition of "cross-industry development" is quite new to IAMC. First of all, there is uncertainty in regulatory level. The existing legal documents and other regulatory requirements do not have clear provisions in this sector. Such environment will build a lot of barriers for the industry development. Secondly, the domestic IAMCs do not have any material development in the cross-industry business explore. Lastly, there is little theory to support this practice so far. Therefore, the author wants to create a theoretical platform to help make a reference for the practical and regulatory reform in this direction.We can foresee that IAMC will gradually play down its insurance characteristic under the loosing regulatory background. So the IAMCs shall endeavor to improve their asset management capability, actively cross the industry and explore the entrusted&intermediary business. It is believed that IAMC will not only become more and more important in the domestic insurance industry, but also in China’s financial or even economic sector!...