Research On The Investment Value Of A Shares Listed Insurance Companies

The insurance industry is an important part of the national economy. The insurance industry’s stability and development concerns about the stability of society. In the critical period of economic transformation in China, the insurance industry of the third industry has ushered in the new development opportunity. The State Council officially released Several opinions on accelerating the development of modern insurance services in August 2014, This also means that the insurance industry will usher in a comprehensive upgrade of the new era. In order to attract more funds into the insurance industry and promote the development of the insurance industry, how to determine the value of the insurance company’s investment has become a topic of concern.This article is divided into six parts, through quantitative and qualitative methods, the paper analyzes the development of the insurance industry from the macro background and industry status, and then analyzes the investment value of A shares four listed insurance companies from the horizontal and financial situation, and finally chooses the suitable valuation model to evaluate the value of A shares four listed insurance companies. The first part is the introduction, introduces the research significance and background, domestic and international literature review, research ideas. The second part is the theoretical basis of the value of the investment. Based on the value and characteristics of the investment value of the Introduction, the impact factors of the investment value are analyzed, and then the current mainstream investment value analysis methods are introduced and compared. The third part is the analysis of the current situation of the insurance industry. The macro background, current situation, development prospects and management features historical evolution and current situation of the insurance industry are analyzed separately. The fourth part is the analysis of the basic situation and the financial situation of A shares listed insurance companies. First of all, the paper briefly introduces the four companies of A shares listed in the insurance industry, and then analyzes the horizontal comparison of the development strategy and business structure, and then analyzes the financial status of the four insurance companies in four aspects:solvency, operating capacity, profitability and development potential. The fifth part is the investment value of A shares of the insurance industry. On the basis of the embedded value method, the three stage free cash flow discount model is used to estimate the new business value multiplier, and then calculate the value of A shares four listed insurance companies. The sixth part is the investment risk and investment advice.